Jump to content

Wanting advice on drawing up a will


  • Please log in to reply
4 replies to this topic

#1 Winning

Posted 12 December 2012 - 11:12 PM

Hi,

I am recently married, no children (currently TTC). I don't own a house or have any major financial assets however I would like to draw up a will that states that my DH gets pretty much everything (including super and so forth). (I would like other family members to get certain things but this is more sentimental value rather than financial).

I just want this to be covered and my intentions to be clear should anything unfortunate happen.

I figure that with home ownership/children (hopefully) on the horizon, I will certainly have to look at my situation and it would probably be best at that point to seek proper legal advice. However, I think it would be wise to ensure that I have this covered in the interim. Has anyone used a DIY will kit like Australian Will Kit and care to share their advice? If it was easy to use, if they thought it covered everything? If it is legally binding?

Or am I best to fork out the money now and see a solicitor? Is this going to cost me an arm and a leg?

Any info would be greatly appreciated. (Except please don't tell me I am silly for not already having one!)


Thanks!

#2 Copacetic

Posted 12 December 2012 - 11:27 PM

Getting a basic will drawn up by a solicitor probably won't cost you too much money (around $400).

#3 ~ppp~

Posted 12 December 2012 - 11:33 PM

We have written $3 will packs bought at the news agency. Don't know how they would stand legally but in our situation it is all very clear what would happen and there is very little that would be disputed even without a will so its really just to give clear guidance for our families.

#4 poss71

Posted 12 December 2012 - 11:48 PM

QUOTE (knowsnotmuch @ 13/12/2012, 12:33 AM) <{POST_SNAPBACK}>
We have written $3 will packs bought at the news agency. Don't know how they would stand legally but in our situation it is all very clear what would happen and there is very little that would be disputed even without a will so its really just to give clear guidance for our families.

My bold. Oh dear. In your case, PP, I'm wondering why you even spent $6, if it might not 'stand legally'.

So many things can go wrong with post office Wills...

If a solicitor draws up your Will (a good one, not just the bloke down the road), it can cover you now as well as when you have children and hold assets such as a house.

I recommend you see a solicitor, OP. A few hundred now can save your family members tens of thousands in legal fees in the event of a dispute, not to mention other things like CGT implications, super, impact of a gift on a beneficiary's pension...

Super is not an asset of your estate.

I'm rambling and a little disjointed in my reply at this time of night, but please forgive me. I've been preparing and witnessing Wills and Enduring Powers of Attorney for the last fortnight and this is set to continue until last thing next Thursday. Yes, I'm a solicitor in Wills and Estates: trust me, things can go very pear-shaped, even with the best of intentions, if your Will and estate planning is not well thought out.

#5 casime

Posted 12 December 2012 - 11:52 PM

I've done the newsagency will kits in the past, before I had DS and had little assets or responsibilities.  Now that I have had my son, I've realised how vital it is to make sure that everything is in order and have had a solicitor draw up a will for me.  It cost me about $1200, but that included all of the documentation for trust accounts if I were to die, because I am a single parent and need to make sure that my property and savings is used to provide for DS if I died.  





0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users

 

Mum shares hilarious story about attempting shower sex

As most parents know, finding time for sex post-kids is one of life's not-so-little challenges.

16 things you'll learn on the preschool party circuit

Kids birthday parties sound fun in the abstract but the reality is they often end up an introverts worst nightmare – forced social interaction in the name of good parenting.

The 92-year-old who's a great-great-great-grandmother

A 92-year-old Canadian woman has become a great-great-great grandmother this week after the family welcomed a baby boy.

The Pramrolla mimics a walk in the park to help your baby get to sleep

Simply put the pram brake on, set the wheels on top of the Pramrolla, plug it in and off they go ... or so they think.

Beyonce shares surreal pregnancy photo shoot

Pop superstar Beyonce on Thursday released a slew of photos of herself posing pregnant and nude.

Airport staff order mum to squeeze her breasts to prove she's lactating

A Singaporean mum of two has spoken about her humiliation at the hands of German airport security guards who ordered her to prove she could breastfeed.

How to keep your baby or toddler safe at home

Child-proofing tips that will ensure your home remains a safe haven for curious toddlers and babies on the move.

Told to get rid of their dogs, this expectant couple took the sweetest photos instead

When the couple conceived their first human child they came under enormous pressure to give up their dogs.

Bereaved parents take baby home for 'family time' after death, thanks to cuddle cot

A bereaved mother has spoken about her decision to take her daughter's body home to spend time as a family before her funeral.

'Get off your phone!': the daycare note that's got people talking

A note posted by a US daycare facility has urged parents to get off their phone when collecting their children:

Babysitter's creative 'hands-free' baby carrier hack

We've all been there – you need to hold the baby, but you also need to eat.

Will these be the most on-trend baby names of 2017?

Nameberry has crunched the numbers, predicting which monikers will see a rise in 2017.

Firefighter adopts the baby he helped deliver

Five years ago firefighter Marc Hadden took an emergency call that changed his life.

Mum shares graphic image to highlight importance of rear-facing car seats for kids

A British safety blogger has shared a graphic photo of the damage a seatbelt can do in a car accident in a bid to persuade more parents to use rear-facing car seats for as long as possible with their kids.

Pharrell Williams and his wife welcome triplets

Now that's a good way to start the new year.

Turn yourself into a child's climbing gym with this wearable vest

It's such a neat idea for those living in high density apartment blocks where children may struggle to get enough physical activity.

Bugaboo unveils its new Bugaboo Bee5

The lightweight and compact Bugaboo Bee has been on the scene for a decade now.

The first few weeks of pregnancy: surreal, scary, exciting

It is okay to be worried, nervous, anxious, in love and happy all at the same time.

 
Advertisement
 

Top 5 Articles

Advertisement
 
 
 

From our network

Essential Baby & Toddler Show, presented by Blackmores

3-5 March 2017, Brisbane Convention & Exhibition Centre. Get your FREE ticket now. Save $20.

Your child's fine motor skills: what you should know

There is less of a focus on fine motor skills, but they're just as important as others. (SPONSORED)

5 ways music helps your toddler's development

There are at least five other compelling reasons to get musical around your toddler. (SPONSORED)

 

Free ticket offer

Essential Baby & Toddler Show, presented by Blackmores

3-5 March 2017, Brisbane Convention & Exhibition Centre. Get your FREE ticket now. Save $20.

 
Advertisement
 
 
Essential Baby and Essential Kids is the place to find parenting information and parenting support relating to conception, pregnancy, birth, babies, toddlers, kids, maternity, family budgeting, family travel, nutrition and wellbeing, family entertainment, kids entertainment, tips for the family home, child-friendly recipes and parenting. Try our pregnancy due date calculator to determine your due date, or our ovulation calculator to predict ovulation and your fertile period. Our pregnancy week by week guide shows your baby's stages of development. Access our very active mum's discussion groups in the Essential Baby forums or the Essential Kids forums to talk to mums about conception, pregnancy, birth, babies, toddlers, kids and parenting lifestyle. Essential Baby also offers a baby names database of more than 22,000 baby names, popular baby names, boys' names, girls' names and baby names advice in our baby names forum. Essential Kids features a range of free printable worksheets for kids from preschool years through to primary school years. For the latest baby clothes, maternity clothes, maternity accessories, toddler products, kids toys and kids clothing, breastfeeding and other parenting resources, check out Essential Baby and Essential Kids.