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RE: Will you or won't you: Your Last Will and Testament...
yeah.. this is a problem and unfortunately i'm guilty of neglecting it...
I guess the assumption is made that if something were to happen to me that my wife would be my sole beneficary - i have entered that information as a binding nomination with my super at least (with the insurance policy, this becomes my biggest asset), but no doubt it's time to formalise the rest of it at some stage in the near future....
That’s an assumption many make but it may not be the case. If there are others who may lay claim to your estate then it could end up in long and costly legal proceedings. Your Super should be ok I guess but as for the rest I’m not so sure.
The best bet is to go and see your lawyer and ask some questions. They should consult initially at no cost to you.