A Will is an important legal document in which you set out what you would like to happen to your assets (property, belongings and money) when you die. In a Will you can also name a 'guardian' – someone who would care for any children you have who are under the age of 18 - and appoint one or more 'executors' – people who make sure the instructions in your Will are carried out.
If you don't have a Will when you die (referred to as 'dying intestate'), the State will decide who gets what, regardless of what your wishes might have been or those of your family and friends.
A Will generally consists of the following components and it is important to consider them carefully before making a Will.
Once you have drawn up your Will, it will need to be signed by you and two independent witnesses and stored somewhere safe.
The type of Will you use will depend on your personal circumstances. The MyLawyer Wills selector will make sure you get the best Will for your particular circumstances.