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.  





1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users

 

28 names for babies born in winter

Looking for some baby name inspiration for a bub born during the colder months? Here are 28 options from around the world to consider.

WIN A $500 VISA DEBIT CARD

Are you a parent, or are you planning to be? Tell us what you think and you'll go in the draw to win a $500 gift card!

Why sleep is so important for learning and play

During the first 12 months of life, your baby's brain grows rapidly, and getting enough restful sleep is vital for assisting this growth.

The horrible act that sparked a brawl at child's birthday party

The uncle of the seven-year-old girl at the centre of the brawl at child's birthday party in Sydney's west has described the events leading up to the alarming show of violence.

Babies 'benefit from iPads at a young age': study

More often than not, you'll read that screen time for children should be kept to a minimum - but some scientists are now challenging this way of thinking.

Do mums really just obsessively talk about their children?

Natalie Reilly describes three main types of conversations mothers have. And, surprise, they're not all about kids.

Why some dogs might attack babies or young kids

A baby's smell, the noises it makes and even its gaze can contribute to the potential for a dog attack.

Postnatal depression support gets $23 million boost in NSW

The Baird government will include $22.8 million in Tuesday's NSW budget to expand a program designed to help parents at risk of postnatal depression (PND).

William Tyrrell's parents share heartbreaking letter before fourth birthday

The parents of missing child William Tyrrell have released a heartbreaking letter ahead of his fourth birthday on Friday.

Mum demands refund for 'beargina' christening cake

It was meant to be a tasteful cake to help celebrate a three-year-old's christening.

Hilaria Baldwin shares post-baby selfie

Just two days after giving birth, actor Alec Balwin's wife posted a post-baby picture on social media.

5 things no one warns you about after giving birth

How many times have you been warned about all the sleepless nights you have to 'look forward to' when you become a parent?

Police officer sang nursery rhyme as heartbreaking photo was taken

A police officer arrived at a devastating scene on Thursday: a car crash resulting in all passengers being thrown from the vehicle.

Don't worry, working mums: Just leave Dad in charge at home

Want to open the boardroom doors for women? Encourage - heck, praise - dads who stay home with their children.

'Help - my child won't ever do what I ask!'

Compliance is part of the parent-child relationship, but so is resistance. It's all natural.

The joys - and challenges - of having children born years apart

When the days of changing nappies are over, most parents breathe a sigh of relief. Others have another round ahead of them.

'I'm just as tired, scared and stressed as you': stay-at-home dad's plea

I'm really lucky to have two great kids, but I found it really tough with so much being aimed at the mothers and not the fathers.

Can you spot the drowning child?

Can you spot him in the video? The child who loses his rubber ring, panics, and then almost drowns? It isn't easy.

Uterine fibroids and fertility: the facts

Uterine fibroids can affect fertility, but with treatment it's possible to conceive and carry a baby.

The truth about birthing a big baby

When told that they are having a 'big baby', many women have a lot of fears. But those fears are often unfounded.

6 tips for transitioning back to work after baby

Mums returning to work - and yes, dads too - aren't the same as when they left. But that doesn't mean they're not as good as they once were.

Couple reveals pregnancy with epic Britney Spears parody

How do you create an original pregnancy announcement and gender reveal? You turn to Britney Spears.

 
Advertisement
 
Advertisement
 
 
 

What's hot on EB

27 funny ultrasound pictures

Ultrasounds give you a look at your growing baby ... and sometimes what appears to their womb-buddy, or your bub in an amusing position.

Eight months pregnant and addicted to eating soap

This bizarre snack takes the cake (of soap) when it comes to weird pregnancy cravings.

Noodles, peanuts, wee wees and lady bits

Yes, I know it's silly. I know all the advice from experts is to use the right terminology from the moment your child can talk. But I just can't.

Mum's brave battle for unborn triplets amid cancer diagnosis

Bree O'Malley has a cancer diagnosis, a rare blood condition, kidney and liver failure and other complications. And she is pregnant with triplets.

6 things great dads have mastered

So thank you to all the fathers who get up early, go to bed late, and fill their days dancing to the beautiful beat of parenthood.

When having a baby means losing old friends

Having a baby means big changes to many relationships - including friendships you'd previously thought unbreakable.

Baby names on the verge of the top 1000

What about the baby names right below the top 1000, hiding just out of sight?

Waitress's kind gesture for grieving parents goes viral

A couple grieving the loss of their baby were touched when a young waitress took care of their cafe bill.

'My baby hits and bites - help!'

Is it normal for babies to turn mean like this? And normal or not, how can we get it to stop?

8 ways to keep your sanity when transitioning to two kids

Are you riding the sleep-deprived, multiple-children train? These tips just might save your sanity.

Dad, 33, battles breast cancer

 Breast cancer never crossed Jamie Cox's mind.

'I'm really going to be a dad?!': real men react to baby news

Breaking the news to your partner that you're pregnant - especially if it's something you've both been dreaming of - is a moment you'll never forget.

9 times parenting is a pain

Being a parent is wonderful, but oh boy can it also be painful at times. And no, I'm not talking about the dinner-bath-bed (wine) routine.

In praise of midwives

These women will always have space in my heart. Not just because they helped bring my children 'earth side', but because of the way that they cared for me during the vulnerability of my labours.

Endometriosis can increase risks in pregnancy, study finds

It's long been known that women with endometriosis have difficulties getting pregnant.

How your birth month affects your health

A new study suggests that the month you were born has a connection with the diseases you might develop in your lifetime.

10 of the most amazing playrooms

Designing a playroom for your kids? We've done the research and found the best play spaces out there.

How do you know when your family is complete?

How do you know when you’re done having babies? For some, it's obvious. For others, it's harder to know for sure.

Delay clamping babies' umbilical cords for better health and development

There is no dispute that we need to clamp and cut the umbilical cord, but there remains controversy over how soon after birth this should occur.

How to help a child with separation anxiety

I have a very attached preschooler who has a difficult time saying goodbye to me.

 

Talk to us

WIN A $500 VISA DEBIT CARD

The numbers are in and we can now bring you the 2014 top baby name list for Australia.

 
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.