A will is a legal document that represents the collection of all your assets and decides how the assets should be divided after the death of the individual. An executor is appointed under the will as wished by the individual to take responsibility of all the assets of the individual and will have all the records of the present assets, clear the required debts and distribute the remaining assets among the individuals as stated in the will. Still having doubts on how do I make a will?
Contact highly talented lawyers in the city to guide you on how to make a will. We are just a call or email away.
Is It Really Important?
It is very important for an individual to make a proper will. Even if the individual has negligible amount of assets to be distributed. Suppose an individual fails to make a proper will than the Government will divide the estate using a constant formula which is all same for every individual among the people directly related to the individual. If an individual makes a will then they hold the right to choose the executor to look after the required assets. If they do not make a will than the individual does not hold the right to choose the persons among which the estate would be divided and it is of high chance that the control of the estate may go into wrong hands which can easily be misleaded. An individual also hold the right to appoint a proper guardian to their children in a will.
To get a thorough insight on how to make a will please get in touch with Wills Lawyers Perth.
A common question that can arise in your mind is that how do I make a will? Well the answer is pretty simple. Any individual above or at the age of 18 years has the liability to make a valid will. An individual should ensure all their specific wishes related to their estate in valid writing with proper documents and signed it in presence of a couple of witnesses. Then the documents should be verified the Court to make a valid document.
Wills Lawyers Perth has been helping individuals over the years by properly guiding them on how to make a proper will. For more information related to the will contact Wills Lawyers Perth. Get elaborate knowledge from our lawyers to make a will by instantly connecting with us.
A will is a legally binding document that outlines how your assets and possessions will be distributed after your death. It allows you to appoint an executor to manage your estate and guardians for your minor children. Without a valid will, your estate will be divided according to Western Australia’s intestacy laws, which may not reflect your wishes. Having a properly drafted will ensures your loved ones are cared for and your estate is handled smoothly and fairly.
For a will to be valid in Western Australia, it must meet several key legal requirements. The will must be in writing, signed by the testator, and witnessed by two people who are present at the same time. The witnesses should not be beneficiaries of the will. The testator must also have testamentary capacity, meaning they understand the nature and effect of the document they are signing.
Having a lawyer draft your will ensures it is legally valid, accurately reflects your wishes, and complies with Western Australian law. A wills lawyer provides tailored advice based on your personal and financial circumstances, including guidance on complex matters such as blended families, superannuation, trusts, and tax implications. They also ensure proper witnessing and execution of your will, reducing the risk of it being contested.
You can include most personal assets in your will, such as real estate held solely in your name, bank accounts, investments, vehicles, jewellery, and personal belongings. You may also include shares or business interests. However, some assets—like jointly owned property or superannuation—may not automatically form part of your estate unless specific arrangements are made. A will lawyer can help you identify what can be included and structure your estate plan accordingly.
To make changes to your existing will legally, you can either create a codicil or draft a new will altogether. A codicil is a separate legal document used to amend specific parts of your original will, such as updating beneficiaries, executors, or asset details. It must be signed and witnessed in the same way as the original will to be valid. However, if you’re making multiple or major changes, it’s often safer to make a completely new will to avoid confusion or inconsistencies.
Thanks Wills Lawyers Perth WA for your assistance regarding how to update a will. Very helpful along the way and Explained everything i needed to know about making a will. Definitely recommend Wills Lawyer Perth to all who needs legal advise regarding making a Will and will dispute.
fantastic & quick legal service . i am more than happy to recommend you guys . Really appreciated the fact you got my friend will sorted within few days . Thank you so much wills lawyers perth WA for helping me
I fond wills lawyers perth to be very professional and knowledgeable. They took to the time and explained the entire process to me. Highly recommended wills lawyers in Perth and nearby area.