Wills: What is a will?

A will is a legal document, which names the people to whom you intend to distribute your property and possessions you own at your death and nominates the person or people you want to appoint to attend to the tasks of collecting and distributing you assets after your death.

Whilst you may want simply to have your intentions written on a scrap of paper in your wallet, or by filling out a “do it yourself” will kit, if your will is unclear or lacking formalities it may be ineffective and could result in years of expensive Court action for an already suffering family.

A will is one of the most important documents you will ever execute in your lifetime, so it is false economy to try and do it without using a skilled professional. Most lawyers do not charge large amounts. Here at MJO Legal, it is an extremely affordable one off fee for a husband and wife to meet with our team, both execute their wills and utilise our strongroom security storage for life. Your family will appreciate it when they are face with an extremely difficult time.

We will also discuss what can happen if you pass away without a will in “Passing Away without a Will”.

If you have any questions you would like answered either confidentially or via this medium, please email us office@mjolegal.com.au


Disclaimer
This is intended for general information and does not constitute legal advice and should not be relied upon as such. Formal legal advice should be sought.

On February 6th, 2010, posted in: Know the Law by
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