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MAKING a will is important at any age and can be put in place as early as 18 years old, says Ashilpa Khanna of Capon & Hubert Lawyers & Mediators.
“A will not only governs how, and to whom, your assets are to be distributed but also can direct your executors as to your funeral wishes or appoint guardian(s) of your minor children,” says Ashilpa, who is a wills and estate planning lawyer.
Ashilpa says it’s important to have a will prepared to ensure that a person’s wishes are given effect when they’re no longer there.
“Not having a will can make lives difficult for your loved ones and end up costing more in trying to administer your estate,” she says.
“There are many important factors to consider, [such as] appointing substitute executors and beneficiaries in the event that your primary is unavailable or predeceased [or establishing] appropriate provisions for blended families.
“It is also important to check your superannuation arrangements.”
Capon & Hubert Lawyers, a well-established firm that has been in business for more than 34 years believe in being accessible to clients, Ashilpa says.
“I enjoy my work and the people I work with, we have a very supportive work culture which in turn drives me to do the best for my clients,” she says.
Capon & Hubert Lawyers & Mediators, first floor, 32-38 Townshend Street, Phillip. Call 6152 9203 or visit chsol.com.au