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Many of us prepared our will years (or decades) ago and have it safely stored away. Often our wishes remain the same, we want to provide for our spouse, children, and grandchildren. But what happens if your circumstances have changed?<\/p>\n
It is important to regularly review your will to ensure that when the time comes, your wishes will be honoured.<\/p>\n
You can update your will to include changes in:<\/p>\n
Relationships<\/p>\n
Financial circumstances<\/p>\n
Personal circumstances<\/p>\n
Children, or<\/p>\n
Making life easier for those you leave behind.<\/p>\n
I have health issues, what additional considerations should I take into account?<\/p>\n
<\/p>\n
Health issues can impact your ability to make a valid will. If you are over 80 or have been diagnosed with a medical condition which may affect your capacity to prepare a will, it is important to have your will prepared by an experienced lawyer, who will take these things into account.<\/p>\n
If you pass away and there are questions about your ability at the time of making your will, your wishes may not be followed, and this may lead to a dispute over your will, or delays in the administration of your estate.<\/p>\n
Your trusted legal advisors at Coulter Legal can assist you with ensuring that any will that you prepare be as robust as possible to honour your wishes, providing you with piece of mind.<\/p>\n
What else do I need to consider?<\/p>\n
Estate planning is not just for when you die. Powers of attorney can permit the management of your affairs, including paying your rent and bills or assisting with lifestyle decisions such as where you want to live. You can discuss powers of attorney at the time of preparing or updating your will.<\/p>\n
Phone the Coulter Legal team today on 5273 5273 to book a meeting in Torquay or Geelong to discuss your estate planning needs, or head to coulterlegal.com.au<\/p>\n","protected":false},"excerpt":{"rendered":"
No one knows what the future holds, but you can be certain about what you leave behind. Talk to your trusted legal advisor now to help protect your wishes for the future. I already have a will; do I need to review it? Many of us prepared our will years (or decades) ago and have […]<\/p>\n