Skip to content

Do you need a Will?

Every Australian adult needs a Will.

Artisan Law believes in educating Australians about the purpose and importance of Wills. The reasons for making a Will are often misunderstood, including by those with minimal assets, or who are young and in good health.

Many Australians are not aware that:

  • Marriage and divorce can revoke part or all of a Will;
  • Your assets may not be as minimal as you think, especially if you have superannuation, which may include life insurance;
  • Making a Will may prevent a dispute about who administers your estate, and who receives your property or has an ongoing right to live in your home;
  • If your assets are minimal, making a Will may save your family the cost of applying to the Court for orders to administer your estate;
  • Your choice of executor is important, even if you have few assets- your executor may make decisions about your burial or cremation, trusts and businesses you operate, and applications for the payment of your superannuation death benefits;
  • Your Will can specify guardianship arrangements for your children;
  • Especially if you have a ‘mixed’ family with step-children, your dependents may be able to contest your arrangements;
  • Superannuation may not form part of your estate;
  • Not all superannuation death benefit nominations are binding- a non-binding nomination may cause a conflict of interest for your executors;
  • A Will and Enduring Power of Attorney are not the same.

If you have any questions about making a Will or Enduring Power of Attorney, contact Artisan Law and ask about a free initial phone conversation or obligation-free advice.