The importance of getting a will and how to make one

Regardless of what comes first albeit children, marriage or real estate if you’re over the age of 18 you need a Will.

Making a will removes the doubts and difficulties that can arise when there is no evidence of the deceased person’s wishes.

Even if you don’t have a lot of money or you don’t own a house, you may want to leave other valuable or sentimental items such as art works, coins, jewellery, antiques, letters, or photographs to particular people.

Now more than ever it is important to make sure you have your chance to say how the remanets of your life are dealt with and who is important in the process.

With still over 60% of all Australians without a Will it is no wonder why there are some many breakdowns and drifts in families, when all they want is what you wanted but if no one knows what that is, then whose narrative should play out?

There is no better time than now to be clear about your thoughts and wishes and get this recorded. Everyone thinks that death is a long way off and you’re right for most of us it is however, do you want to leave it up to a stranger to decide what happens to your family, pets and assets if you pass without a Will? I know I don’t.

Think of it this way, if you have 2 tickets to the best show on earth should it be you who decides who gets to go or someone else that you have never met before?

Here are some typical questions to think about when making a Will:

•         Who will look after your children or your fur babies (pets) in the event you pass?

•         Who should have your basketball collection?

•         Which daughter is going to have your engagement ring?

•         Where or what are all the login details of your accounts if they are not kept in a centralised location?

It’s not just the legal words that matter but you and your thought about your life and why you have chosen the outcomes you have.

And this is where Reel comes in, we are about humanising the Will process.

There are just 7 simple questions that form a standard Will and we put them to you in a questions and answer video format. It is then complied together to create an informal digital video Will and is stored securely until it is needed.

If you want to take the next step and make it a legally binding Will we can also help there by referring you to a local solicitor who will review your informal digital video Will and convert it into a legally binding one.

You can download Reel for free on the App Store or if you are on android go to our website reelgram.com to get notified of our play store release.

This guest post by Reel is not a paid partnership and does not constitute advice; readers should seek independent and personalised counsel from a trusted adviser that specialises in property, a tax accountant and property design specialist.