DIY wills may seem cheaper upfront, but they carry significant risks of being invalid or challenged, which can cost families far more in disputes. Online wills in Australia are affordable (from around $150–$300) but come with potential security and validity concerns compared to solicitor-drafted wills. Solicitor fees vary – expect $300–$800 for a simple will and higher costs for complex estate planning, with both flat-fee and hourly-rate options available. Regular updates are essential after major life events (marriage, divorce, children, asset changes), with update costs averaging $200–$500. Not having a will can be financially devastating, often leading to expensive estate disputes, probate delays, and thousands in legal fees. Cost-saving strategies…
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How to Make a Will: Everything You Need to Know Before You Start
Introduction Making a will is one of the most important steps you can take to protect your loved ones and secure your family’s future. A will is more than just a legal document—it is your voice after you’re gone, ensuring that your wishes are respected, your assets are distributed fairly, and your family avoids unnecessary stress or disputes. Without a will in place, the law decides how your estate is divided, which may not reflect what you would have wanted. For many people, writing a will may feel overwhelming or something to “deal with later.” Yet, life is unpredictable, and having a clear plan provides peace of mind, knowing that…