Many people know they should have a will but aren't sure where to start. Others assume estate planning is something to think about later in life. In reality, every adult can benefit from understanding how important legal and financial decisions are made if illness, injury, or death occur unexpectedly.
This practical and accessible one-day How to Prepare a Will Workshop provides an introduction to the key documents and decisions that form the foundation of a well-prepared estate plan. You'll gain a clearer understanding of wills, enduring powers of attorney, enduring guardianships, executors, beneficiaries, and testamentary trusts, helping you make more informed decisions about your own affairs and those of your family.
Designed for everyday Australians rather than legal professionals, the workshop explains complex concepts in plain English and provides an opportunity to ask questions in a supportive learning environment.
Whether you're creating your first will, reviewing existing arrangements, caring for ageing parents, or simply wanting greater peace of mind, this workshop will help you better understand your options and the steps involved in protecting your wishes.
Workshop content
During the workshop, participants will work with concepts and ideas such as:
Planning for circumstances where you are unable to make your own medical or financial decisions
Understanding enduring powers of attorney and enduring guardianships
Who can make a will
Who can be a beneficiary
Who can act as an executor
How marriage and divorce affect wills
Understanding which assets your will can control
Assets that fall outside your will and alternative ways of managing them
The different types of wills available
Understanding testamentary trusts
Tax advantages associated with testamentary trust wills
Wealth protection considerations in estate planning
Who may be able to contest a will
Common estate planning mistakes and how to avoid them