Category: Uncategorized
-
Wills for Blended Families in Victoria: Five Issues to Plan For
Blended families are common, loving and wonderfully varied. They can also create estate-planning questions that a basic “everything to my spouse, then the children” Will may not answer well. 1. Balancing a partner’s security with children’s inheritance You may want your partner to remain secure while also preserving an inheritance for children from an earlier…
-
What Happens If You Die Without a Will in Victoria?
Dying without a valid Will is called dying intestate. It does not mean that the State automatically takes everything. It means Victorian legislation, rather than you, determines who receives the estate. Who inherits? The answer depends on the relatives who survive you. If you leave a partner and no children, or only children who are…
-
Online Will or Lawyer-Prepared Will: Which Is Right for You?
Online Wills can be convenient and affordable. Lawyer-prepared Wills provide advice as well as a document. Neither label alone determines whether a Will is valid or suitable. What makes a Victorian Will valid? Under the Wills Act 1997 (Vic), the usual requirements include a Will in writing, signed by the will-maker with the intention of…
-
How Much Does a Will Cost in Victoria? Look Beyond the Upfront Price
When comparing the cost of a Will, there are two different questions worth asking: What will it cost to prepare my Will now? And what fees might apply when my estate is administered later? These are separate services. Understanding both can help you make an informed decision about your estate plan and your choice of…