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All our wills are in word format created by Lawyers.  You can download and reuse as many times as you like.  No memberships or subscriptions required.  Simple to use with Free Samples.

 

 

 

 

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A Will for Couples

A Will for Couples is important even though you may not consider yourself rich, but no matter where you believe you stand on the socio-economic ladder, you always need a Will. Be careful that you don’t undervalue your true wealth, or what you might be worth within a relatively short time.

Download your own Will here

A will for couples is much, much more than the mere transfer of an inventory of assets. It is a legal document…. You can download a will for couples instantly here.

This will is made for use by married couples who want to leave their estate to each other. Suitable for couples who are married, defacto or planning to marry. You don’t always need your lawyer to write your will if it is a basic will — one that leaves a home, investments, and personal items to your loved ones.

Also known as a joint will, a will for couples is a single will that’s signed by two people, usually a married couple, leaving all their assets to each other. …

A will is a document containing a person’s instructions as to how their property is to be distributed after their death.  Failure to make a will results in the distribution of the assets of the deceased being determined by statute. The law relating to wills in New South Wales is covered by the Succession Act 2006.

However, the issues arising from including or excluding children from former relationships in clients wills are now commonplace. This demands an understanding of the options and pitfalls inherent in some apparent solutions as well as the provisions of the Succession Act 2006 relating to family provision claims.

Because legislation such as the Trustee Act 1925 provides executors with wide powers of investment those powers have been omitted from the wills precedents as entirely unnecessary.

With specific bequests take care to identify what is owned by testators such as interests in companies, trusts and partnerships.

Any expenses of looking after personalty the subject of specific bequests, such as warehousing and delivery costs are for the donee, not the estate. To avoid potential disagreement later and depending on the circumstances this should be clarified in the will.

In describing personal effects remember that it may be necessary to specifically include furniture and furnishings in sheds or detached flats and to include tools, plant and machinery such as ride-on mowers.

A release of debt is a legacy to the debtor. If releasing debt by will release the debtor and his estate, otherwise if the debtor dies before the testator the release fails and the debtor’s estate is liable for the debt.

It is important to be aware that if the will provides for a pecuniary legacy for the support of a beneficiary, the estate will be required to buy an annuity or set aside a fund sufficient for the income it earns to meet the liability. This can involve substantial capital cost to the estate as the court imposed terms are very conservative

7 pages long.  

A will for couples

A Will for Couples is important even though you may not consider yourself rich, but no matter where you believe you stand on the socio-economic ladder, you always need a Will. Be careful that you don’t undervalue your true wealth, or what you might be worth within a relatively short time.

A will for couples is a type of will that is jointly executed by two or more persons, usually a married couple, which combines the parties’ last will and testament. …

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Single Will Template

Single Will Template for a Single Person  (no spouse).

Includes drafting notes and instructions on signing.

Will for Single Person contains all the essentials including:

  • evocation of prior wills
  • death, survival of beneficiary
  • appointment of executors and trustees
  • order of payment of Estate
  • pecuniary legacies (cash amounts)
  • gift of residue of Estate
  • gift to children and grandchildren
  • any parts that are not needed can be deleted
  • powers of trustees
  • execution clause

5 pages long.

Single Will Template

This also includes Free Drafting Notes

This information is not legal information provided by Precedents Online or it’s Authors.  It is for General Information only and to be used accordingly.

Wills Frequently Asked Questions

As the largest Will maker in NSW we have complied a list of the most commonly asked questions relating to Wills:

If, after reading these you have any futher questions relating to Wills please contact your nearest branch of the NSW Trustee & Guardian on 1300 364 103 or fill out our enquiry form.

A Will is a legal document that sets out who you want to receive your assets when you die. Making a Will is the only way you can ensure your assets will be distributed according to your wishes when you die. Studies show that at least 45% of Australians do not have a valid Will. If you die without a Will your estate will be distributed according to a pre-determined formula and, if your only living relatives are more distant than cousins, your estate will pass to the government.

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Will for Blended Family

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A blended family is a family in which one or both partners have a child or children from a previous relationship. Careful estate planning now should ensure that all of your intended beneficiaries are provided for when you die and that the potential for conflict within the family unit is minimised.

Wills involving a husband and a wife with one or more children of their marriage generally make wills of a fairly standard
nature – they leave their assets to each other, or failing that they leave their mutual assets to their children.

A will for a blended family is drawn up when when two partners come together with one or both partners having children from a previous relationship

A Will for a Blended Familiy

This information is not legal information provided by Precedents Online or it’s Authors.  It is for General Information only and to be used accordingly.

A “blended family” is a family where one or both spouses each have children from a prior marriage. In a Will for a traditional family (one where the children are children of both spouses), most Wills will leave all assets to the surviving spouse and upon the death of the surviving spouse to their common children.

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Will in Contemplation of Divorce

Under section 14A of the Act a testator’s Will is revoked by their subsequent divorce unless the Will is made in contemplation of divorce. Similar rules apply to the contemplation of marriage clauses …

Contemplation of Divorce

While it may not be a high priority while going through a separation or divorce, it is critical that this change your Will.

The period of separation before a divorce a critical time to ensure your Will is updated. If you separate and then die before updating your Will, your spouse will still inherit any property you gifted to them under your Will. Likewise, if you have named your spouse as the executor of your Will, that appointment still stands.   You will need to make a new Will.

This will in contemplation of divorce is 6 pages long.

 

Wills

This information is not legal information provided by Precedents Online or it’s Authors.  It is for General Information only and to be used accordingly.

Will a divorce effect my will?  

You can change your Will as you need, but there can be certain events in life which should automatically prompt you to update your Will.

How often should I review my Will?

A Will should be reviewed every 3 – 5 years or when circumstances either financial or personal change.  Your relationship status, especially getting married or divorced, can have a significant effect on your Will.

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Will in Contemplation of Marriage

A marriage revokes a Will. 

It is important to create a Will in Contemplation of Marriage.  It is important if you have married since you made your  last Will, as that Will is probably no longer valid. If you die without making a new Will, your estate could be dealt with under the intestacy laws, where the government, not you, decides how your estate should be distributed.

There are some exceptions to this, which differ from State to State or Territory.  However, the rest of your Will would be revoked. That means some of your wishes may not be followed in the event of your death.

It is, however, possible to make a Will in contemplation of marriage – of a specific marriage or of marriage generally. Such a Will would still be valid after a subsequent marriage.

This will is 6 Pages Long.

Wills

This information is not legal information provided by Precedents Online or it’s Authors.  It is for General Information only and to be used accordingly.

Effect of marriage on your will

When you marry, any existing will is automatically revoked (cancelled) and becomes no longer valid. If you do not make a new one, then when you die the law of intestacy decides how your assets are divided. Usually, your entire estate would go to your wife, husband or civil partner.

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ENDURING POWER OF ATTORNEY

An enduring power of attorney is a legal document that allows you, the “principal”, to nominate one or more persons, referred to as “attorneys”, to act on your behalf. An enduring power of attorney gives the attorney the authority to manage your legal and financial affairs, including buying and selling real estate, shares and other assets, operating your bank accounts and spending money on your behalf.

The attorney’s power continues even if for any reason you lose your mental capacity to manage your own affairs. Once you lose your mental capacity you cannot revoke this power of attorney. If you want the power of attorney to cease if you lose your mental capacity, use the general power of attorney form. An attorney under an enduring power of attorney cannot make decisions about your lifestyle or health. These decisions can only be made by a guardian, whether an enduring guardian appointed by you or a guardian appointed by the Guardianship Tribunal or the Supreme Court.

The prescribed witness certificate must be completed. Before acting as your attorney/s, the attorney/s, including any substitute attorney/s, must sign the acceptance section.

Please read the important information set out at the end of this document. It includes notes to assist in completing this document and more fully explains the role and responsibilities of an attorney.

Power of Attorney

An Enduring Power of Attorney is a legal document where you appoint a person of your choice to manage your assets and financial affairs if you are unable to do so due to illness, an accident or your absence.

A medical power of attorney allows you to appoint someone to make decisions about your medical treatment if you become mentally or physically incapable of deciding for yourself.

You can find out more from the relevant agency in your state or territory.

 

 

 

 

 

 

 

An anticipatory direction is a legal document that outlines your preferences for medical treatment if one day you cannot decide for yourself. It will only apply if you are in the final stage of a terminal illness or in a persistent vegetative state. It can be used as a stand-alone document or accompany the medical power of attorney or enduring power of guardianship.

Further information on advanced care plans is available through the Advance Care Planning Australia– external site website.

www.planningaheadtools.com.au

Will Templates Bundle Wills Templates Bundle

If you die without making a Will, your estate could be dealt with under the intestacy laws, where the government, not you, decides how your estate should be distributed.

 

Download Your Will Online & Save

Single Will Template

Single Will Template for a Single Person (no spouse). Includes drafting notes and instructions on signing.

5 pages long.

 

Will for Couples

A Will for Couples is important even though you may not consider yourself rich, but no matter where you believe you stand on the socio-economic ladder, you always need a Will. Be careful that you don’t undervalue your true wealth, or what you might be worth within a relatively short time. People normally have some kind of life insurance or death benefit with their superannuation.

 

Will for Blended Family

A blended family is a family in which one or both partners have a child or children from a previous relationship. Careful estate planning ensures that all of your intended beneficiaries are provided for when you die and that the potential for conflict within the family unit is minimised.

 

Will with Testamentary Trust

This Will is 16 pages long and creates a Testamentary Trust for each beneficiary.

We have divided it into four schedules to minimise repetition and make it as short as a Will creating a testamentary trust can be. There are three groups of primary beneficiaries for whom trusts are created:

  • A spouse;
  • The testator’s children;
  • Children of a predeceased child or children.

This precedent can be used to create any number of testamentary trusts.

Will in Contemplation of Divorce

Under the Succession Act a testator’s Will is revoked by divorce unless special wording is included. Similar rules apply to marriage.

Will in Contemplation of Marriage

A marriage revokes a Will.  It is important to create a Will in Contemplation of Marriage so that this does not occur on your honeymoon.

This will is 6 Pages Long.

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Wills Templates Bundle

Comprehensive Will Templates Bundle

Not All Pages Will Be Displayed to Prevent Copying.  In some cases files are also too large

This information is not legal information provided by Precedents Online or it’s Authors.  It is for General Information only and to be used accordingly.
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Download Your Will Online & Save

All our wills are in word format created by Lawyers.  You can download and reuse as many times as you like.  No memberships or subscriptions required.  Simple to use with Free Samples.

 

 

 

 

KALDE & ASSOCIATES  

Download Your Will Online & Save

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