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Discussion Thread 🌻 Tuesday 20 May 2025 (aussie.zone)

submitted 2 months ago by YarraByte@aussie.zone to c/melbourne@aussie.zone

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[–] Thornburywitch@aussie.zone 5 points 2 months ago (2 children)

Wills are replaceable. You can make one set of choices now, and change your mind later and make a new Will. This is actually recommended if you have significant lifestyle/situation changes - eg. retirement or divorce or serious illness. If cost is holding you back, some Will providers do a cheapie basic version that can be suitable for say, next 10 years or so. That buys you time to do serious estate planning.

[–] anotherspringchicken@aussie.zone 2 points 2 months ago* (last edited 2 months ago)

That’s actually really good to know. I’ve got a complex family situation and keep getting hung up on making the ‘right’ choices. Even doing a shorter-term basic one is actually a really good idea

[–] melbaboutown@aussie.zone 1 points 2 months ago (1 children)

I’ve been thinking on this. Considering whether a will kit from the post office would do

[–] Thornburywitch@aussie.zone 2 points 2 months ago (1 children)

PO Will kits are very very basic. If your situation and requirements are more complex than 'everything to X', then you really do need to at least talk to a professional. Also, it's very easy to invalidate your Will due to inadequate signing and witnessing. Signing and witnessing requirements are same for Will kits as for professionally drawn up Wills. Invalidation means that the Will is ineffective.

[–] melbaboutown@aussie.zone 1 points 2 months ago* (last edited 2 months ago)

Ah damn. I don’t own any property or stocks and have no kids so it might be adequate… basically I planned for Melbcat to go to someone and they would get my remaining money to care for her.

Not sure I have the means to discuss with a professional