Everyone over the age of 18 should have a Will. There are also certain times in
your life when it is particularly important to make a Will if you do not
already have one, or revise your existing one, such as:
-
marriage - as marriage revokes any pre-existing Will
-
separation
-
Divorce - Divorce does not automatically revoke an existing Will
-
if you are in a defacto relationship
-
if a person named in your Will dies or becomes incapacitated
-
purchase of a significant asset (such as a house)
-
if you get involved in a new business
-
if you change your mind about one of the beneficiaries
Husbands and wives need separate Wills. However, they can have the same terms
but just in reverse (hence the term 'mirror' Wills).