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ARTICLE · 25 MARCH 2024

What is the difference between a Will and estate planning?

For people with complex circumstances, an estate plan may result in a suite of documents, just one of which is a Will.

AustraliaFamily and Matrimonial

Do you just want a new Will? Or need some Estate Planning...or both?

When most people talk to a lawyer about a new, or their first, Will, what is really happening is that the lawyer is assessing their estate planning needs and providing advice as to the right approach to take and what that person's needs are from a range of legal documents and actions.

For people with complicated family circumstances, investment, or business situations an estate plan may result in a suite of documents, just one of which will be a Will.

Within this potential suite of documents, your Will is the document that sets out a plan for who you want to control your affairs after you have passed away, and who will ultimately receive your estate assets, noting that some assets may bypass your estate.

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