The laws of intestacy govern the distribution of a person’s estate when they pass away without a valid will. Intestacy laws follow a specific hierarchy of relatives who are entitled to inherit the estate.
In the absence of a will, intestacy laws may distribute the estate in a way that does not align with your wishes or the needs of your loved ones.
Having a valid will allows you to have control over how your assets are distributed after your death. You can specify beneficiaries, allocate specific gifts, and even create trusts for minor beneficiaries or individuals with special needs.
A will also allows you to appoint an executor, who will be responsible for administering your estate and ensuring your wishes are carried out. Without a will, the court will appoint an administrator, which can lead to delays and potential conflicts among family members.
Wills provide clarity and peace of mind to your loved ones during a difficult time, while also ensuring your estate is distributed according to your wishes.
Our experienced Geelong wills and estate planning lawyers can assist you in creating a valid and comprehensive will that reflects your intentions and protects the interests of your loved ones.
