No Will? It's not going where you think!

An invalid will, or no will at all, can cause unexpected and unwanted grief and unhappiness for those you leave behind at a time when they least expect it.

If you die without a Will, or make an error in drafting your Will, or don't include your whole estate, you may die intestate, or partially intestate.

If you die intestate a set formula exists under the Administration Act 1903 (WA) which distributes your estate which may mean (depending upon the size of your estate) that it does not automatically go to your spouse!

This formula applies irrespective of:-

• the length of your relationship;

• your personal circumstances, or those of your family;

• your spouses circumstances or children's circumstances; or

• there were beneficiaries more deserving / or more in need from your estate.

At Practical Edge we pride ourselves in providing comprehensive estate planning services and are experienced in drafting all forms of estate planning documents from a simple mum-dad will, through to testamentary trusts, binding mutual wills and complex family structures and estate plans.

A will however, is just one part of the process involved in making an estate plan. Enduring Powers of Attorney and Powers of Guardianship are also integral in your estate planning should you become incapacitated and unable to manage your personal affairs anymore.

You may also require further advice in your estate plan in relation to your business entities, family trusts, companies and superannuation, which are not part of your estate and cannot necessarily be controlled by your Will, Enduring Power of Attorney or Enduring Power of Guardianship.

Ensure your estate planning is reviewed regularly and up to date. We are more than happy to visit you at your home, office, accountants or financial planners’ office, hospital or nursing home at a time convenient to you.