01 Nov Life is uncertain; death is certain – Gautama Buddha
Written by Emma Campbell
Life is full of uncertainties. The only aspect of life that we can be truly certain about is death. Everything must, eventually, come to an end.
Often we hear clients say “if I die”, when the reality is that there is no “if” when it comes to death, only “when”. Resistance to accepting that death is an uncontrollable and definite part of life can often be a reason for avoiding making a Will. Unfortunately, when procrastination occurs it may be too late.
As death is certain, it is important to plan for it. Life is uncertain and no one can guarantee what will happen tomorrow.
There are many reasons why having a Will is important. The main advantage is that it allows you to be in control of how your estate will be administered, who will inherit from your estate and who will wind up your affairs. You can also decide who will take care of your children.
Having a Will prepared by a professional allows for greater tax flexibility and/or tax planning, and allows you to understand family inheritance provision claims (and how best to avoid them).
At Belperio Clark we create flexible Wills that take into consideration the many uncertainties of life. Call Belperio Clark on 08 8212 1322 to make a time to meet with one of our experiences Wills and Estates practitioners to review your Will and estate plan today.