Do you need to update your will?
Many New Zealanders fail to make a will, this means that on their death their property is distributed according to law and not necessarily as families or the deceased would have wished. Read more about what happens if you don’t have a will when you die.
A will means you can name heirs, executors, and guardians for any minor children. Where trusts and business succession issues are involved, wills can be very complex. Once you’ve made a will, it needs regular reviews to include changes like the birth of a child or the start or end of a relationship.
Although some trustee companies offer free wills, you should be aware that they often charge estate administration fees by taking a percentage of the total value of your estate. Having your will drawn up by the Conveyancing Shop will give you more freedom and a lower cost overall. We charge a fee upfront, which varies depending on the complexity, but we do not get a percentage of your estate when you pass away. Your executors are also free to choose which law firm they would like to administer your estate. Our wills are prepared in plain english, so you and your family aren’t baffled by legal jargon and understand exactly what they are signing.
Contact the Conveyancing Shop Lawyers if you would like to have a new will drafted to update your will.