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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What about if I'm a younger person with minor children?
Who do I want to be the guardian of my children?
A very common one is pets.
You know, pets are very important to people.
You know, who do I want to look after them or do I want to give someone a gift so that they can look after them and it's not going to cost them money or animal bequest programs through charities and the like.
So what have you got?
Who do you want to have it?
Who's going to administer and wishes are the things that get you to think about before you come in to see a trustee company or a solicitor?
Absolutely.
Yes, and people do.
I mean, that's not uncommon.
With legacies, when you're leaving money, you might want to think about inflation over time.
If I've got a, you know, I often see a will from, you know, 1960, you know, I give $1,000 to somebody thinking this is going to last them a lifetime.
Yeah, but a way you can overcome it is to say I give an amount of money and then have an interest provision, so an index interest provision so that it keeps current, those sorts of things you can do.
But you can be very, very creative when you do wills and it's one of the reasons you do wills.
Because it might be individuals who are not family that you want to benefit.
You might want charities to benefit.
These are the things that you can do.
Also, establish trusts.
Not everyone is going to get something.
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