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What is a Will and why do you need one?

A Will is the legal document that clearly defines how you wish your assets to be distributed upon your death. It’s the only way to make sure you direct where your assets go once you’re gone.

If you die without making a Will (‘intestate’), your assets will be distributed according to law. This can result in your estate going to relatives you have little contact with, while your loved ones miss out. It may also lead to lengthy delays and expensive administration in finalising your estate.

With up to 1/3 of all South Australians dying without a Will, Public Trustee strongly recommend every adult has a current and valid will.

You should update your Will to reflect any major changes in your life like marriage, starting a family, separation, divorce, buying or selling property, buy or selling shares, retirement and the birth of grandchildren.

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