I’m only young and I don’t really have any assets yet. Young people don’t really need wills, do they?

The reality is you probably have more than they realise! If you look at superannuation funds, often these have a life insurance policy attached that can be tens of thousands of dollars or even more, so that’s a really big asset to consider. The other things to consider is that you still need someone to be able to be in charge of things like:

· organising your funeral,

· arranging what happens to your body after you die,

· getting access to things like your bank accounts,

· having the ability to sell or transfer your car,

· and to make sure that your property is dealt with in accordance with your wishes.

Another big thing to consider is that if you have kids, we need to make sure that you have a guardian appointed – someone you think is the right person to look after your kids.

Often when a young person dies it’s quite a big shock, so the conversations about your wishes may not have been had yet. Something firm and in writing not only gives everyone peace of mind but also makes the situation a tiny bit easier for your loved ones at a stressful time.

My partner and I would like to have one or two more kids. Shouldn’t I wait to complete my family so that I don’t have to incur the expense of making a will again in a couple of years?

We do our best to project forward and help you to make your will fit for purpose into the future as much as possible so that you do not have to come in too often to update it where avoidable. We rarely name your young children specifically in your will unless there is a good reason so that future children are also included!

I’ve got no idea how to make a will or where to start, I work full time and I am always short on time. What does the process involve and how long does it take?

The process usually only requires two simple sessions with us.

The first session is just to collect some details from you and help guide you through what you need to consider and to understand your wishes, so we can put it in writing for you.

A couple of weeks later we will meet again to go through the documents and make sure we have properly captured your wishes and to get the documents signed properly. There are some really specific rules for this signing process – often the “do it yourself wills” people get from the post office or online just don’t quite cut the mustard and we find the expense to fix them is more than what getting a will done with a lawyer would have been in the first place.

If you are someone young and unsure if you need a will at this stage in life or have some more questions that we haven’t covered, give us a call and we can have a chat!