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DBH Lawyers

- 14 Mar 2017
  • Wills & Estates

Preparing a Will

How important is it to see a lawyer to do a Will?

Making your Will is one of the most important documents you will ever do.  Your assets and the way in which you create your Will needs to be structured in such a way so that when the time comes that your estate needs to be administered, the thought process and the drafting of the Will has already been created so that the administration process is as smooth as possible.

What will a lawyer ask?

I will ask you about your estate, what your assets are, what your family comprises of, do you have children, do you have a partner, and how is your family comprised.  Then we will turn to executors and the role of the executorship.  And, if you have minor children, do we need to consider testamentary trusts and do we need to think about guardians for those minor children?  So there are a number of questions that we will be asking even before we start drafting.  These are important factors in the drafting process.

Is it expensive or time consuming?

In comparison to what your estate is worth it is actually insignificant.  When you think about what the cost you think a Will is and the time that you take to prepare the Will.  You meet with the Solicitor for an hour or so and then they will go away and prepare the Will.  You will then come back for another appointment.  Of course, the time to prepare a Will depends on the size of the estate.  In comparison to what you’ll be saving in the long run, the cost of preparing a Will is actually nominal and certainly a cost that should be spent.

If you would like to prepare or revisit your Will, Free call us on 1800 324 324 or send us a message.