Instructions

Congratulations on taking the step to complete your Last Will and Testament.

   

During the process of creating your Will, you have a few options.

These range from Single only Wills through to Family Will Packs. 

   

Goto Will Types for the various options.

  

You will follow the steps below to finalise your Last Will and Testament.

1) Complete & submit the online form - click here for the various Types of Wills

2) Process payment (of fee) - through Paypal 

3) Receive confirmation of details and payment 

4) Documentation will be emailed to you for approval

     

Below are the instructions for the sections on the form that you will be completing. The sections below align with the questions asked of you during your completion of the form/questionnaire.

YOUR EMAIL ADDRESS 

   

Your Email Address is required for any communication purposes including queries on compilation of your Will document. You will also receive your completed document ready for signature.

At no time, will you be sent any spam emails. You shall receive communication only for the purpose of delivering your completed Will document(s), and for any request for information.

YOUR EXECUTOR

   

The duties of your Executor will depend on what instructions you put in your will and if someone contests your will.

The normal duties should include:

* Locating your Will

* Arranging/Hiring a Lawyer

* Deciding when and how your property will be distributed.

YOUR CHILDREN'S DETAILS

   

Be clear about the details of each of your children, particularly if they are biological, stepchildren or adopted. You should write your children’s details in the following format:

First Name / Middle Name / Last Name.  Gender. Birthdate [DD/MM/YYYY]. Relation to You.

Nancy Joanne Smith. Female. 10/10/2001. Biological daughter.

Your details will be written up in your document as such:

Nancy Joanne Smith

(Female)

123 Smith Street

SYDNEY NSW 2000

Australia

Phone: (02) 1234 5678

Biological daughter.

PEOPLE TO BE NOTIFIED UPON YOUR DEATH

You should write peoples’ details in the following format:

First Name / Middle Name / Last Name.  Gender. Address. Phone Contact Details.

EG:  Nancy Joanne Smith. Female. 123 Smith Street, SYDNEY NSW 2000, Australia.

(02) 1234 5678

  

Your details will be written up in your document as such:

  

Nancy Joanne Smith

(Female)

123 Smith Street

SYDNEY NSW 2000

AUSTRALIA

Phone: (02) 1234 5678

*******

Recommendations include:

Relatives, family, friends

Work colleagues,

Doctor(s), Specialist, Lawyer/Solicitor, Insurance companies,

Professional organisations

Social Security Department/Agency


POWER OF ATTORNEY

If you have one, your Power of Attorney acts to make decisions on your behalf. 

There are 4 types of Powers of Attorney: 

 * General Power of Attorney [for financial and/or legal decisions for you]

 * Enduring Power of Attorney [Financial]

 * Enduring Power of Attorney [Medical Treatment]

 * Enduring Power of Guardianship

The enduring powers of attorneys are appointed by you in the event of you losing, at some time in the future, the capacity to make those decisions for yourself.

It is not legally required or really necessary to have a Power of Attorney.

You may choose to leave the distribution and management of your Will to your Executor.

FUNERAL ARRANGEMENTS

  

Remember to include details such as:

* Burial or cremation preference

* Church or Civil Service

* Songs to be played

* People to present obituaries

* Types of Flowers to be displayed

* Key people to be mentioned in obituaries and/or speeches.

BENEFICIARIES

  

You should write peoples’ details in the following format:

First Name / Middle Name / Last Name.  Gender. Address. Phone Contact Details. Relation to you

EG:  Nancy Joanne Smith. Female. 123 Smith Street, SYDNEY NSW 2000, Australia. (02) 1234 5678. Sister.

Your details will be written up in your document as such:

Nancy Joanne Smith

[Female]

123 Smith Street

SYDNEY NSW 2000

Australia

Phone: (02) 1234 5678

Sister of {your name}

MAJOR ASSETS AND PROPERTY

You should write the details of your assets & whom the property will be left to in the following format:

Property Name

Property Type

Full Address

Financial Impact situation

$ Amount owing (if applic.)

Relevant Financial Institution (if applic)

Value of the Asset

Beneficiaries’ name(s)

Any desires for scenario of transfer of property

Indicate if property has any other persons involved in Asset ownership.

Your details will be written up as such:

Property: Principal place of Residence.

Property Type: House

Address: 123 Smith Street, SYDNEY NSW 2000, AUSTRALIA

Financial holdings: Nothing owing on this Asset.

Value of the Property: $450,000

Beneficiary: Susan (daughter of {your name})

Recommendations include:

* Home/Properties

* Motor Vehicles

* Jewellery

* Works of Art

* Bank/Term Deposits

* Bond/Shares

* Superannuation/401k

* Retirement Funds

* Insurance/Assurance policies

* Sentimental pieces and Heirlooms.

* Ensure to indicate if the item is being entitled to a (sole) person only, or couple/family

   related to that   person.

* Remember to include in your Will documents the valuation of the Property/Item.

DEBTS AND LIABILITIES

  

Including:

* Home

* Properties

* Motor Vehicles

* Credit Cards

* Amounts owing to people

Remember to include if Mortgages/Loans have been secured by other assets under your Financial Institutions’ contract(s), or if you have insurance against your Asset’s Mortgage/Loan.

This could have great impact on the actual value of the Asset tied to the associated debt/liability, should you wish to sell the property linked to the debt/liability.

GUARDIANSHIP

  

The role of a Legal Guardian is to care for your children should something happen to you both.

It is incredibly important to make this decision with care; the guardian of your children will become responsible for their entire welfare (Education, Finances, physical and emotional needs).

If you do not appoint a legal guardian for your children, the courts may make this decision: particularly if there are conflicts within your family.

Consider all aspects to determine your decision on who should be taking care of your children upon your death, including their financial and physical capabilities.

Tips:

* Give some specifics about how you know this person, why you have selected them, why and how you want this person to raise your children.

* Discuss your choice with the person you have selected and make sure they are willing to accept the responsibility should it become necessary.

* Draft a letter with the signed acceptance from the chosen guardian.

Here is a sample letter for this purpose.

* You can name a person to be the Guardian of the children's money and finances, or you can name a separate person. Remember to make this clear and provide details.

* Think outside the box; consider separating the functions. (Finances, Education etc.)

* Plan to revisit the issue. Remember to update your Will.

**Considerations:

  * Who already has a good relationship with your child(ren)

  * Where do they live?

  * Do they share your values?

  * How about their age and health?

  * Are they financially and emotionally sufficient to take care of your child(ren).. and will you be able to   provide financial assistance?

WITNESSES 

Be careful to understand how many witnesses are required in your country. Some states in the United States (for example) require 3 (three) witnesses. 

Write your witnesses details in the following format:

Bob Smith, 123 Bright Way, BRISBANE QLD 4000, AUSTRALIA, (07) 1234 5678

Your document will be presented in the following:

Witness # 1:

Bob Smith

123 Bright Way

BRISBANE QLD 4000

AUSTRALIA

(07) 1234 5678




STATEMENT

The following Statement will be included at the bottom of your 'Last Will and Testament' document.

The date will be within a few days within your submission and subsequent payment.

Your names (provided at the beginning of the questionnaire) will be used to complete this section, with the witness(es) names requested further below).

[TESTATORS]

In witness whereof we have signed this instrument to be our Last Will and Testament, this the ____________________ day of  ______________________ (Month) __________________ (year) do hereby declare

to the undersigned authority that we sign and execute this instrument as our free and voluntary act,

and that we are eighteen (18) years of age or older, of sound mind, and under no constraint or undue influence.

[WITNESS(ES)]

We, ______________________________________________________________________ hereby sign this Will as witness to _________________________________________________ (Testators), and that to the best of our knowledge the Testators are eighteen (18) years of age or older, of sound mind, and under no constraint or undue influence.

COMPLETION OF DOCUMENTATION

Your Last Will and Testament documentation will be processed within 3-4 days of completion of the questionnaire and subsequent receipt of fee for payment.


OUR CONTACT DETAILS

Please contact us through lastwillandtestamentonline@gmail.com should you require any clarification or have any queries. You will be responded to no later than 48 hours.

Again, thank you for completing your Last Will and Testament through this service.

We hope to maintain an ongoing relationship with you.