Zuma
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- Oct 8, 2010
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gday people I am looking into making a will and wanted to know the best way to go. Any recommendations and justifications? Cheers
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Home made wills are a curse. Occasionally where the assets of a testator are limited and where the beneficiaries are not in dispute no difficulties may arise in the administration of an estate. Flaws in the will can be glossed over and the interests of all parties can be reconciled. But where, as here, the estate of the deceased is substantial, the will is opaque and there is no agreement among the beneficiaries, the inevitable result is an expensive legal battle which is unlikely to satisfy everyone. All of this could have been avoided if the testator had consulted a lawyer and signed off on a will which reflected his wishes. There is no question but that engaging the services of a properly qualified and experienced lawyer to draft a will is money well spent.
Still absolutely no guarantee anything will go where you want it too.Depends on if you have a potentially complicated estate or beneficiaries. If its just you, minimal assets and leaving it all to mum and dad maybe a DIY would suffice. Anything more than that see a lawyer to ensure everything goes where you intend it too. They'll be far more likely to ensure protection than a DIY
There's an old lawyer saying - I dont make money writing wills, I make money challenging them.Still absolutely no guarantee anything will go where you want it too.
Wills are no better than footy contracts...
Made to be contested by lawyers.
Depends on if you have a potentially complicated estate or beneficiaries. If its just you, minimal assets and leaving it all to mum and dad maybe a DIY would suffice. Anything more than that see a lawyer to ensure everything goes where you intend it too. They'll be far more likely to ensure protection than a DIY
Still the same, even if you have lawyers if you have truckloads of cash look at Diamond encrusted Guitar Girl in WA a couple of weeks backThis is one Supreme Court Judge's recorded view
Do you have any first hand experience to back up that statement?Don't even think about using a DIY kit.