A Will is a legal document which sets out the manner in which you would like your assets, to be distributed following your death. The Will provides for the appointment of an Executor who will administer the terms of the Will and oversee the distribution of the Estate. A Will can also provide for the nomination of guardians of infant children and even the way you wish for your body to be disposed.
The question then arises, is a Will required if I have no assets? The short answer is no. If there are no assets to be distributed, then a Will is not required. However, a Will is not a static instrument. That is, it will remain in place as a valid legal document until your passing. Although you may have no assets now which could be distributed, that may not always be the case. A Will, which is a relatively simple document, can be put into place to provide for all and any assets that you may have as at your death even though such assets do not exist when the Will is created.
For all legal advice in relation to the preparation of a Will or any matters arising concerning a dispute under a Will and the distribution of Estate assets, contact Brydens Lawyers today on 1800 848 848 or brydens.com.au. Brydens Lawyers are the experts when it comes to Wills and Estate matters – #WEDO Wills and Estates.
Brydens Lawyers is available to assist by providing expert legal advice and representation to ensure recovery by dependants and the Estate of the worker the totality of benefits to which they are entitled. For a free, one-on-one consultation with respect to any enquiry concerning a workers compensation claim, contact Brydens Lawyers today on 1800 848 848 or brydens.com.au. At Brydens Lawyers – #WE DO workers compensation claims.
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