You should make a will as soon as you can, regardless of your age or health status. While it can be uncomfortable to think about, no one knows when they will pass away, and having a will in place can provide peace of mind.
If you have assets or property, a will can help ensure that they are protected and distributed according to your wishes. If you have minor children or dependents, a will allows you to designate a guardian to care for them after your death and can also outline specific instructions for their care and well-being.
You may also like to make a bequest to a charity or other not-for-profit organisation. Your will can specify those donations and ensure that they are made after your death.
If you have specific wishes for your funeral or burial, a will can ensure that those wishes are carried out.
When considering making your will, it is important to choose a trusted law firm like Geelong Legal, who can provide comprehensive legal counsel and guidance, ensuring that your wishes are expressed clearly and unambiguously, and that your will is legally binding.
Our wills lawyers can also help you navigate complex legal and tax issues to ensure that your assets are distributed according to your wishes and with minimal tax implications.