6 reasons why you don’t have a will and how to overcome them

Writing a Will, and admitting to yourself that one day you’re going to die can be confronting and scary for some people. We get it. It’s one of the major reasons why people don’t have Wills. The alternative is a lot scarier. Your loved ones might not get the gifts you would have left them for months or sometimes years if you die without a Will.

Whenever you have a big life change you need to update your Will. Starting a business could mean there financial trusts and structures will affect the amount of money and assets left for your loved if you don’t have a Will. 

When big life changes happen all you need to do is make a new Will. Book an appointment today with Leonie Davey, call Yeppoon Lawyers on 07 4925 0229.

6 reasons why you don’t have a will and what happens if you don’t overcome them

1. You don’t like to think about dying – You have to! We all die! Think about this … your family at war with each other, having to decide who gets what, and who will divide everything up. If there is no will your family will need to apply to the court for Letters of Administration.

2. You can’t decide who you want to give your money and all your things to. – Think about the alternative, your money and possessions given to people you never wanted to have them.

3. You can’t bear the thought of leaving your children – If you don’t decide, the court might be forced to decide who will care for your children when you’re gone.

4. It takes forever – it doesn’t have to. Choose who gets what, decide the best person to take care of your kids and who the executor will be. Let everyone know what their roles are. Book an appointment with a solicitor.

5. Wills are expensive – $220 is a small cost to pay to make sure your estate settles smoothly. If you don’t have a Will your loved ones could be up for maximum stress and costs to settle your estate.

6. You think you don’t have much to leave behind – Everyone has something to leave behind.  Most people have superannuation and a superannuation death benefit. Banks may not release funds to your loved ones. Even small account balances might not be released, if there is no Will, Probate or other legal directive.

Making a Will isn’t hard. Take some time to sit down once a year on a date you’ll remember, like a public holiday or anniversary and jot down any big life changes that have taken place. If there are none, there’s no need to write a new Will! If you find there are some big changes, take your list and book an appointment to see us.

For a WIll, we will make two appointments for you. The first, to find out your family makeup and your wishes and the second, for you to sign your Will after confirming the email draft was correct. We want to help.

We’ll help you put a new Will together and secure the gifts you leave to your loved ones. You can book an appointment with Leonie Davey by calling Yeppoon Lawyers on 07 4925 0229.