All you need to do is answer straightforward questions on our legal platform and we create a personalised Will for you that fully reflects your wishes. For more complex Wills or additional services, such as tax planning, the fees can be much higher. So, it’s important to get a clear quote from the Solicitor before proceeding with this option. At Willful we recommend reviewing your will at least every 6-12 months to ensure everything is up to date.
We’re always here to offer support, guidance and assistance to anyone needing to make a Will in NSW. Contact Your Wills with any questions – or begin our online application process now.
Cost of making a will
Be specific with their names and contact information to avoid confusion or disputes in the future. Allocate the portions of your estate you want to leave for each beneficiary, like a percentage or specific assets. If you have minor children, you’ll need to select a custodian who will care for them in the event of your passing. Ensure this person is aware of the responsibility and is willing to undertake it. It’s also a good idea to name an alternate custodian if the primary one cannot fulfill the role. An executor is a person who administers an estate on behalf of the deceased in accordance with the will.
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Read more about Online will kits here.
In Canada, you can write a will yourself or with a lawyer, using a will kit or an online will service. Your Wills has created one of the most popular DIY Will Kits in NSW. The process is short and simple, whilst providing you with complete customisation and legal protection.
Step 3: Identify beneficiaries
If you do not make a Will and die without one, this is called ‘dying intestate’. Certain laws of intestacy will apply and your assets will be distributed by default to your family – but perhaps not according to your preferred allocation. You must sign it in front of two witnesses, and these witnesses cannot be included in the Will, nor can they be natural heirs.
So even if you have a trust, you still need a will to make sure your kids are taken care of after you die. Another important distinction between the two is that, unlike a will, a trust lets you skip probate court.