It’s the age old question “When should I get a will?” The simple answer? As soon as you can! Contrary to popular belief, wills are not just for the elderly or the wealthy. In fact, anyone with assets or specific wishes for their estate should consider having a will. It ensures that your preferences are respected and can prevent potential disputes among loved ones.
BRONZE
“I Love You” Straight forward will Premium Bronze Complex will
$600 + GST (Simple) $2000 + GST (Complex)
SILVER
Will Health directive Enduring Power of Attorney
$1200 + GST for one $2500 + GST for two
GOLD
Company Trust Will Health directive Enduring Power of Attorney Binding Financial Agreement
$3500-5000 + GST (depending on complexity)
Contested wills increased over the past decade by 25%, a recent study found. Estimates suggest that 10% of all Australian wills face legal challenges — a number that is rising steadily.
64% of Aussies with a minor do not have a will (Australian Law Reform Commission 2019)
52% of Australians will die without a will.
74% of contested wills resulted in a change of distribution (Cheryl Tilse et al, University of Queensland, 2015)
In Queensland there’s a 77% success rate for challenges to wills.