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In basic terms, if you do not make a Will then you have no control over what happens to your Estate when you die. In Queensland, the Succession Act sets out what would happen, but that may be not what you expect or what you want. It also means that the process of administering your […]
In basic terms, if you do not make a Will then you have no control over what happens to your Estate when you die. In Queensland, the Succession Act sets out what would happen, but that may be not what you expect or what you want. It also means that the process of administering your Estate will be likely to take longer and to be more expensive.
If you consult a solicitor and ask them to prepare your Will, they should also help you consider some important issues such as what property will be in your Estate, who you might appoint as your executors, and who might challenge your Will and can you do anything about that?
Remember, if you simply change your mind about what you want, until you do something about it, the old Will still applies.