The Top 5 Most Common Myths About Wills
We've heard it all - here are the top 5 misconceptions when it comes to writing your Will.
1. I don't need a Will - I don't have many assets.
When did Will-writing become reserved for the wealthy? Just because you may not have extensive asset holdings, it doesn't make a Will any less important. If you have a bank account, mortgage, or super, you should consider how your loved ones would access these if you passed away. A Will is by far the simplest and most cost effective way to remove any logistical headaches for those left behind who need to access your estate.
2. I don't need to appoint a guardian for my underage kids, everyone knows who I would want to look after them.
For most parents, the main driver to writing a Will is their children's well-being. A Will is the only way to dictate who would look after your children if you were no longer around. Even if you have spoken to someone about them taking responsibility of your kids, a Will is the most effective way to codify that at law and is recommended for every parent with children under the age of 18 years.
3. I can just write a Will myself, can't I?
A Will is a legal document, and has certain requirements for ensuring that it is actually valid and will be recognised at law. While technically anyone can write a Will, it is such an important document that you don't want to leave it up to chance. It is recommended to go with a trusted provider and know that your Will is going to be effective and protect the people and things that matter most to you.
4. Wills have to cost thousands of dollars.
Many people think that because in the olden days the only way to write a Will was to spend thousands of dollars with a lawyer, this is still the case. Safewill was created to provide an affordable and easy way for everyone to write their own personalised Will. It costs just $160 for singles and $240 for couples - we hope you use those savings wisely 😉
5. High quality Wills can't be written online.
Yes they can. We've helped thousands of Australians write their Wills, and are rated 4.9/5 stars by hundreds of happy customers. Write yours today and experience the great feeling of having safeguarded your life's work.
If you would like to write your Will today, you can get started here, or if you have already created an account you can log back in here. We're available 9am to 7pm to help with any questions you may have, so feel free to give us a call on 1800 10 33 10 or start a chat with us using the chat bubble in the bottom right hand corner.