How Writing A Will In 2023 Has Evolved

How Writing A Will In 2023 Has Evolved

A will and estate lawyer in Chatswood can assist with all aspects of wills and estate planning.

Although it can be daunting, with the help of a good will and estate lawyer, like TY Lawyers Chatswood, you can organize everything into one well documented plan, called your last will and testament or legal will.

Today we’re going to talk through some of the key info that’s important when thinking about putting together your Will.

Once you’ve considered all these things on our handy checklist, it’s time to get in touch with a will and estate lawyer, like TY Lawyers in Chatswood to formalize it.

Understanding What A Will Is

A Will is a formal, legal written document with instructions and details as to how you want your assets and belongings to be cared for, managed or dealt with, upon your passing.

Having a legal Will is the best way of ensuring your assets go to whom you want them to go and your wishes are adhered to.

Estate Planning and Wills

A will and estate lawyer in Chatswood can assist you with all aspects of your estate planning.

This includes:

  • Structuring and writing your legal Will
  • Appointing trustees and a will executor
  • Advising you on distribution of your estate
  • Advising you on any tax issues when putting together your Will
  • Any potential guardianship for children

How To Ensure Your Will Valid

Your Will needs to be dated, put in writing, it needs to be signed and your signature must be witnessed by two other parties who also need to sign the Will in order for it to be valid and legally binding.

It’s important you are of a sound mind when signing the Will.

Your will and estate lawyer in Chatswood can help with the preparation and documentation of your Will and appointing an executor.

Things To Include In Your Will

  1. Children
  2. Your Assets
  3. Family Heirlooms

Other Things To Consider In Your Will Now & Into The Future

We live in an increasing digital age.

These days people have not only tangible assets but digital assets to account for too.

Some of the digital assets you may need to consider when putting together your Will include:

  • online bank accounts and shares
  • cryptocurrency
  • loyalty programs like Qantas Frequent Flyers
  • online shopping accounts like Amazon
  • personal and business social media accounts like Facebook and LinkedIn
  • Subscription services like Netflix
  • Pictures and documents
  • Devices like desktops, laptops and storage drives

All their respective login details for all of the above mentioned items.

A good idea is to make a list of platforms and logins you would like for the person who will inherit these digital assets so they can assume control of them when the time comes. 

How A Will & Estate Lawyer Can Assist You

Engaging a will and estate lawyer in Chatswood to draft your last will and testament will ensure you cover everything that is important to you before it’s too late to change.

Your will and estate lawyer in Chatswood will make sure nothing is missed or left to chance along with being able to store your Will safely and securely.

If you’re looking for advice on how to arrange and distribute your estate based on your children, dependants, spouses and any other important people, then that’s also something you can get assistance with.

Australian Residents Of Chinese Heritage

TY Lawyers don’t just cater to English speaking clients.

If you’re of Chinese heritage, our team of lawyers speak fluent Chinese (Mandarin & Cantonese), so you can feel confident you’re being fully understood and nothing is misconstrued when putting your Will together.

TY Lawyers can assist you with all your will and estate queries. Our team will be with you every step of the way whether you’re writing your first will or you need a new will written to reflect your updated personal situation.

Contact us today to discuss your will and estate requirements and one of our experienced will and estate lawyers in Chatswood will be able to assist you.

Call TY Lawyers Chatswood on: (02) 8007 0135.

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