By Cassandra Mitchel.

Losing a loved one is always a tough and testing time, especially when it happens suddenly and/or unexpectedly. Stress and anxiety can be further compounded when it is discovered that there is no Will (called “dying intestate”).

Dying without a Will (intestate) not only slows the process of administration it creates uncertainty which results in higher costs and delays. Dying without a Will (intestate) also has the potential to impact on the true intentions on the deceased around distribution and control of the estate.

Without a Will, fights can break out more easily and complex legal issues can arise. The only way to avoid this uncertainty and lack of control is to have a Will.

A valid Will not only gives certainty and control to the estate and its administration (for instance by there being a clear nomination of a person to administer the estate) but it also accelerates the process of administration, reduces costs and time and it also prevents unintended beneficiaries or intended beneficiaries missing out or receiving distributions under the Will different to the real intention of the deceased.

If you do not have a Will then it is vital that you make immediate arrangements to obtain one. At Bellco Law our experienced team of estate lawyers can assist with any enquiry you have regarding your Will or succession planning matters.