Consider the years of hard work it has taken for you to build your assets (known as your 'estate'). A Will is about providing for the future of your loved ones. Dying without a Will can be costly and stressful at what is an already difficult time.

Having a valid Will in place will ensure that when you pass away your estate will be distributed amongst your loved ones in line with your wishes.

If you don't have a Will, your estate is managed by a person called an administrator. The administrator may be a family member but often a government Trustee will be appointed to administer your estate.

Without a Will, legislation will dictate how your assets will be distributed after your death and even who will look after your children, if they are still minors.

You can also use a Will to appoint a guardian to look after your children until they are old enough to look after themselves.

Having a Will gives you the opportunity to nominate an executor (the person who will take charge of your affairs after your death).