From your family's perspective, your Will could be the most important document that you ever sign. It provides a clear statement of your wishes and provides guidance on a range of other matters including funeral directions and the naming of preferred guardians for your children. Everyone over the age of 18 should make a Will. Once made, your Will should be updated following certain significant events in your life, such as the birth of a child, at the beginning of a new relationship and on marriage or separation. Your Will must be carefully drafted to ensure that it can be interpreted with certainty and it is very important to have an experienced lawyer do this for you. There are also rules relating to how a Will must be signed and witnessed in order for it to be valid. Your lawyer will ensure that this occurs.
You decide how your estate will be distributed.
You decide who will take care of your minor children
You decide who will wind up the affairs of your estate
Make gifts and donations
Because you can change your mind if your life circumstances change.
Because tomorrow is not promised
Because if you have no one to inherit – no family – then the Crown gets to take your estate.
Because it can help avoid legal challenges.