NewsBite

Why there is no such thing as a simple will

You’ve got to understand what you’re giving up when you sign a simple will – and how there are better ways to protect your loved ones.

Peter Townsend
Peter TownsendContributor

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Want to see your lawyer about what happens to your assets after you die and areconcerned the legal team will complicate things? Or is it just that you – like many others – don’t fully appreciate the ramifications of some of the things you want to do and therefore always say you want it kept simple?

Clients regularly say: “I just want to give everything to my wife/husband and if they’ve gone, then to the kids. It should be very simple, so can I come in tomorrow to sign it?”

Loading...
Peter Townsend is principal of Townsend Business & Corporate Lawyers.

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Personal finance

Fetching latest articles

Most Viewed In Wealth

    Original URL: https://www.afr.com/wealth/personal-finance/why-there-is-no-such-thing-as-a-simple-will-20240424-p5fmbm