If you have a will
- You can make provision for your choice of funeral rites, organ donation and who will look after your children when you die.
- You can also make provision for who will receive specific assets from your estate.
If you already have a will, you have recently separately, you have remarried or your family circumstances have changed you should consider updating your will.
If you don’t have a will
- Your assets are divided according to the Administration Act 1903 (WA).
- If the family home is in your name only, your spouse will not automatically inherit the family home.
- If you are separated from your spouse, they can benefit from your estate.
- Your de facto spouse, stepchildren and same sex partners are excluded from benefiting from your estate.
- You have no choice of executor.
- You have no say in what happens to your hard-earned assets.
- It is likely to cause hardship for those you leave behind.
If you don’t have a will, contact the Legal team on (08) 9227 6300 or email legal@ww2.austasiagroup.com for assistance.
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Important information and disclaimer
This publication has been prepared by AustAsia Group, including AustAsia Legal Pty Ltd (ACN 123 160 476).
AustAsia Legal Pty Ltd – Liability limited by a scheme approved under Professional Standards Legislation.
Any advice in this publication is of a general nature only and has not been tailored to your personal circumstances. Accordingly, reliance should not be placed on the information contained in this document as the basis for making any financial investment, insurance or other decision. Please seek personal advice prior to acting on this information.
Information in this publication is accurate as at the date of writing, 11 October 2018. Some of the information has been provided to us by third parties. Whilst it is believed the information is accurate and reliable, the accuracy of that information is not guaranteed in any way.
Opinions constitute our judgement at the time of issue and are subject to change. Neither the Licensee nor any member of AustAsia Group, nor their employees or directors give any warranty of accuracy, nor accept any responsibility, for any errors or omissions in this document.
Any general tax information provided in this publication is intended as a guide only and is based on our general understanding of taxation laws. It is not intended to be a substitute for specialised taxation advice or an assessment of your liabilities, obligations or claim entitlements that arise, or could arise, under taxation law, and we recommend you consult with a registered tax agent.