What happens if I die without a Will?

If you die without a Will, your assets will be distributed according to the laws of intestacy in your State or Territory. Intestacy laws may vary depending on where you live.

Generally, the intestacy laws provide for a default plan for distributing your assets among your closest living relatives. Dying without a Will may also lead to other complications. For example, if you have minor children, the Court may need to appoint a guardian to care for them. Without a Will, there may also be disputes among family members over who should be the guardian of your minor children.

Additionally, dying without a Will may result in higher legal and administrative costs and delays in administrating your estate. The Court may need to appoint an administrator to administer your estate, which may be a time-consuming and costly process.

Overall, it is important to have a Will in place to ensure that your assets are distributed according to your wishes and to avoid potential complications and disputes.