Making a will is the best way to smooth the process of transferring your estate once you die.
Nothing is certain except for death and taxes. And even after death, taxes are one of the first liabilities to be paid off, but what about the rest of your debts?
Choosing the cheaper option of a DIY will might end up costing you more in the end, warns a UNSW Law academic.
Appointing an executor is the biggest power you will ever bestow on someone so make sure it’s someone you trust, says Professor Vines from UNSW Law.
UNSW law expert cautions not having a will when you die may result in a very different scenario from the one you intended.
A new handbook by Prue Vines shows that a legal document can help bridge the divide between the courts and Aboriginal culture when it comes to the wishes of the dead.