In law school, I
recall the story about a pre-eminent author of a textbook on estate planning who
died without a will. I'm not sure whether this story is true but it definitely
did the trick in emphasising the importance of having a will.
What? This year, Cleardocs has expanded its estate planning suite of products
with 2 Wills products:
· ClearWill
Online – a comprehensive Will that anyone can make to express their wishes
about their estate and protect their assets; and
· a more
complex Will designed for use by law firms, ClearWill with Trusts for Law
Firms.
Why? These products were developed in response to customer feedback. They were
designed to be comprehensive, and flexible enough to cover a wide range of
personal circumstances, such as blended families, will makers without children,
will makers holding trust positions. And, at the end of the day, they were
designed to make your estate planning as simple and painless as possible.
How? Through ClearWill with Trusts for Law Firms, lawyers can establish by
will a range of testamentary trusts including:
· single
and multiple testamentary discretionary trusts for specific gifts and the
residuary estate;
· superannuation
proceeds trusts;
· life
interest estates;
· right
of residence trusts; and
· protected
trusts.
Who? Given the complexity of the features of this Wills product and the need
for a will maker to obtain legal advice about them, this document package is
available to law firms only. For non-lawyers to take advantage of this product,
they should discuss it with their lawyer.
As always, we welcome
your feedback and suggestions about these products.
