Prioritising will creation for newly married couples
Meet Sarah and James, a recently married couple in their early thirties. After exchanging vows and beginning their journey as spouses, they realised the importance of safeguarding their assets and securing their future together.
Marriage marks a significant milestone in one's life, signalling the start of a new chapter filled with shared dreams and responsibilities. For newly married couples like Sarah and James, it's crucial to recognise that with this union comes the need to plan for the unexpected.
Creating a will becomes an essential step in ensuring that a couples’ assets are protected and their loved ones are provided for in the event of unforeseen circumstances.
Understanding the risks of not having a will
Without a will in place, young couples like Sarah and James put their assets at risk. Not having a will in Victoria can result in a range of negative consequences, including the misallocation of assets, family disputes or delays in the distribution of your estate.
In Victoria, if you pass away without a will (intestate), your assets will be distributed according to the state’s intestacy laws. While everyone’s situation is different, these laws typically dictate a predetermined distribution of assets, which may not align with your wishes or the needs of your loved ones.
By failing to plan ahead, our newly married couple risk leaving behind confusion and uncertainty during an already difficult time. Creating a will allows them to maintain control over their assets and ensure that your wishes are carried out effectively after your passing.
Peace of mind through will creation
Recognising the importance of proactive planning, Sarah and James turned to Robinson Gill’s online will creation tool. In just a few simple steps, they were able to input their details and preferences, customising their couples will to reflect their unique circumstances and wishes.
Couples wills are for people who are married or have a long-term partner, and have similar estate-planning goals to their partner.
The case of Sarah and James highlights the importance of creating a will for newly married couples. By recognising marriage as a pivotal moment to plan for the future, couples can take proactive steps to protect their assets and provide for their loved ones. Preparing for the unexpected has never been easier or more accessible.
Don't wait until it's too late – prioritise creating a will today to safeguard your assets as you build your life as a new family.
How can I learn more?
Julie Chambers.
Practice Group Leader.
- Wills & Estate Planning
- 03 9890 3321
- Email Address: j.chambers@robinsongill.com.au
Kelly Brown.
Associate
- Property and Wills & Estates
- 03 9890 3321
- Email Address: k.brown@robinsongill.com.au
Carol Havelos.
Legal Clerk.
- Wills, Estate& Probate
- 03 9890 3321
- Email Address: c.havelos@robinsongill.com.au
Create an
online will
Use our new online tool to create fast, convenient online wills and powers of attorney in 3 easy steps to help protect your loved ones.
Some other resources you
might find helpful
Moore v Goldhagen
TAC incident in which the plaintiff (Mr Moore) alleged that he was struck by a bus driven by the defendant (Mr Goldhagen) and sustained physical and psychological injuries. The plaintiff made a claim for pain and suffering and economic loss.
Sharman (a pseudonym) v The King [2024] — Police Accountability for the Use of OC Spray (‘Pepper Spray’) and Patterns of Misconduct
The Supreme Court of Victoria recently dismissed an application from a Victoria Police sergeant for leave to appeal a decision concerning the unlawful use of pepper spray and other physical force.
State of NSW v Madden – Questions of Bias, Unlawful Detention and Arrest
The Supreme Court of New South Wales Court of Appeal has recently handed down its ruling in the case of State of NSW v Madden, with a number of key issues determined upon.