Why do I need a Will?
Preparing a Will is essential. Leaving a clear guide of how you want your assets distributed by your chosen Executor/s is cost efficient and may avoid lengthy court battles over “who gets what”.
Dying intestate (without a Will) means that there is no guarantee that your assets will be distributed as you would like them to be.
Making or altering your Will is particularly important when life circumstances change. We recommend you review your Will every three to five years to ensure that it still reflects your wishes. For example, it may be necessary to change your Will if any of the following occur:
- Marriage or civil partnership
- Divorce or termination of a civil partnership
- Enter into a de facto relationship – particularly if there are children from previous relationships
- Ending a de facto relationship
- Birth of children or grandchildren
- Death of your Executor or a beneficiary
- A change in your financial circumstances
- It is important to note that your Will is revoked or cancelled if you get married or enter a civil partnership (except for gifts to your husband, wife or civil partner or appointment of that person as executor), unless it is made in contemplation of marriage or the civil partnership. Divorce, termination of a civil partnership or the ending of a de facto relationship revokes any gift in the Will to the former spouse or appointment of the former spouse as executor, unless there is a contrary intention in the Will.
A Will also provides you with the opportunity to name guardians for your children, establish a trust or donate to charity through an organisation such as the Queensland Community Foundation.
Making a Will with the Public Trustee
Is your Will outdated? Perhaps you do not have one at all. The Public Trustee offers a free, Will-making service to all Queenslanders over the age of 18. We make the process quick and easy, using a specifically designed Will-making system to ensure that your Will caters to your individual needs.
Our professionally trained Will-makers are equipped to answer most queries. In addition, we have an available experienced legal team to clarify any complex details.
When making your Will you can do more than just advise how you would like your assets distributed. You can nominate guardians for your children, and set up Minors Trusts to nominate how funds should be allocated for the care of children in the event of your death. You can also specify your preferred funeral arrangements.
You can also leave a lasting legacy for the Queenslanders by making a bequest with Queensland Community Foundation for more information visit www.qcf.org.au
Making a Will with The Public Trustee also means there is no risk of your Will being lost or destroyed because we keep the original in our atmospherically controlled Wills bunker at no cost. We have over one million wills in safe storage.
To make an appointment to have your Will made free of charge, phone 1300 360 044 or visit www.pt.qld.gov.au.
Assistance is available for people who are vision or hearing impaired or who need an interpreter. Under special circumstances our Will-makers may visit your home, nursing home or hospital.