E14 Estate Planning - Part 1: Things to know about Wills

Estate Planning is more than just having a will

We answer some of the following questions about Estate Planning

Why is Estate Planning important ?? and there are many reasons why Estate Planning is important

Almost 70% of women in Australia do not have their Estate Planning in place

What is a Will?

What needs to be included in your Will?

What motivates people to make their Will?

Did you know that 14% of people say "There is nothing that would encourage me to make a Will!"

We talk through what happens if you do not have a Will in place - the impact it has for the family to manage and deal with the assets of the deceased.

The courts will make the decisions about the assets and this can be time consuming - which can be avoided by having a legally documented Will

An important consideration - and probably one that most people don't want to have to think about - is what happens to your children if you die while they are still under legal age

This also applies to any vulnerable dependants that you may have

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Financial Disclaimer

We need to make it clear that we do NOT provide specific financial advice on this show, it is just general advice and discussion. If you want advice specific to your situation you need to go and see a financial adviser or financial professional.