Protecting Your Assets Upon Your Death: The Importance of an Updated Will
Written by Damandeep Sadhra Originally published in The Profit - September 2025 A will is a legal document that sets out who will inherit your property after your death. If you die without one (known as dying intestate), and you have more than $15,000 in assets your family must apply to the High Court to access your estate (on 24 September 2025 this will increase to $40,000). The law – not you – decides who receives what. It’s a process that can be expensive,...