Do you need a Will or does your Will need updating?
There are many changes in life that can impact on your Will’s current suitability.
- Your financial situation has changed significantly;
our children’s financial situation has improved significantly;
- You are newly married;
- You are divorced;
- You have remarried;
- Children have been born;
- A beneficiary named in your Will has died;
- A property mentioned in your Will has been sold;
- You have received a significant inheritance;
- Grandchildren have been born;
- You may wish to include your favourite charity.
Do you have a Power of Attorney?
A Power of Attorney allows your partner to manage your affairs if you are incapacitated. If you maintain a separate account, your partner won’t have access to it to pay your bills without this document.
An enduring Power of Attorney is still effective if you lose capacity through unsoundness of mind (think dementia or a car accident).
Guardianship – what’s that?
An enduring guardianship allows you to designate who will make health-care decisions about you if you can’t. Without it, your partner does not have a say. Your relatives may have the right to make decisions about your health-care.
If you think your Will needs updating or you would like a power of attorney and/or guardianship appointment prepared, don’t put it off any longer. Please call us on (02) 4365-4748.