Studies have shown that most Australians under the age of 50 do not have a current or valid Will. Many people believe that a Will is something only necessary in your advanced years. For most this line of thought is incorrect. Having a valid Will can be as important for young Australians as for their parents.
One of the main reasons why everyone requires a Will is our “Intestacy” laws. Essentially, if you don’t have a valid Will, under the Administration Act 1903 (WA) you’ll have no say in how or to whom your estate is distributed.