Did you know that Pablo Picasso, Abraham Lincoln, Martin Luther
King Jr, Jimi Hendrix, Michael Jackson and Prince all died without
a Will? You might be thinking if such high profile and net worth
people didn't have a Will, you too may be excused from making
one, but that's incorrect. You should have a Will and
continuously review it.
As someone often involved in estate planning and estate
disputes, I cannot stress enough the importance of having a
carefully considered and professionally prepared Will. When you die
without a Will, it is called dying 'intestate'. When you
die intestate, the law prescribes how your Estate will be divided
up. In those circumstances, the law also prescribes who would be
the most appropriate person to become your Estate's personal
legal representative. Whilst that may seem straight forward, in
reality, a lot of the time it is not. The heartache, the costs and
the financial consequences that flow as a result can be very easily
avoided by