It is a little known fact that nearly half of all Australians will die without a will.
This means your assets end up being distributed by legal means and, sometimes, to relatives you are no longer in contact with.
Using professional services can be a costly affair but, if you would prefer to make a simple will, here are few useful steps to get the process moving.
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It is vital that everyone make a will so your friends and relatives can attend to your last wishes as you had intended.
Concerningly, a survey revealed most people are not fully prepared for their own funeral, with only one in four respondents having funeral arrangements in place.
Of those who have made some preparation for their own funeral, more than half had made a plan on whether they will be buried or cremated, while around one in four had made plans on the location.
Do you have a spare $9500? If not, you may wish to think about where that money might come from when it comes time to pay for your funeral.