David Andrew

speaker
514 appearances 1 recordings 1 series first heard Aug 2022 last heard Aug 2022

David Andrew’s voice in public audio — every appearance, attributed to the second.

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If you know what you're doing, you're fine, which is why people need to consider getting advice because we work hard to acquire our assets and I was amazed when people don't then want to protect and control what happens to them.
So it's an area where you should go and get some advice.
I think any adult person should ever will, because as you say, I mean, you're working, you've got superannuation, which may or may not come to the estate.
It's also you don't quite know what you're going to have when you pass.
I mean, we're all going to win Tats Lotto this weekend, or you might get an inheritance.
There might be, you know, those sorts of things.
But even if you don't have significant assets, it still might be very important to you who you leave things to.
So yes, you should have it, but also importantly, you should also review from time to time your will.
Okay, now reviewing it doesn't mean you've got to change it, it just means you've got to review it because your circumstances will change over time and not just each few years, but
Certain life events, things like relationships is the big one.
If you start or end a permanent type relationship, whether that's a marriage or whether it's a domestic partnership, you'd need to consider those things.
Having children obviously is a very big one for people.
But also starting your employment life or ending it in retirement or things, but even things like travel and the like.
There's lots of events that occur where you really should sit down and think about, have I got a valid will which will deal with my assets if something was to happen to me?
No.
No, they will continue to operate.
So we often are dealing with very, very old wills where someone has made a will and has just continued to remain there.
You can revoke wills, you can change wills, you can do all that sort of stuff, but if you make a will, it will continue.
Okay, that's good to know.
Well, look, there's a qualification that I probably need to make.
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