CHOOSE YOUR ADVISER

Vera Gu 
   
Robert Castro
02 8051 3119 admin@eppwm.com
Everest Partners Private Wealth ManagementEverest Partners Private Wealth Management
  • Home
  • About Us
  • Our Services
    • Core Services
      • Financial Planning
      • Superannuation
      • Retirement
      • Investments
      • Finance and Debt Management
      • Risk Insurance
    •  Additional Services
      • Share portfolio management
      • Estate Planning
      • SMSF Advice and Administration
  • Resources
    • Our Diary Notes
    • Our Client Manuals
    • Our Client Newsletter
    • Fact Sheets
    • Financial Calculators
    • Fact Finder & FSG
    • Privacy Policy
    • Financial Services Guide
      • Rob Castro
      • Vera Gu
  • Contact Us

Everest Partners Private Wealth Management

Contact Us

02 8051 3119
admin@eppwm.com
L 36, Gateway Tower, 1 Macquarie Pl. Sydney NSW 2000

Close

Sign up to newsletter

Hi there!

We hope you enjoy reading our content. We would love to notify you when we put new content up on our website.

Subscribe with us today!

Sign up to newsletter
Please leave this blank

Marriage and your will

Marriage and your will

Marriage usually means you need a new will. And if this is not your first marriage, then you may need a will that reflects that you have obligations in different directions.

Marriage automatically revokes a will, unless the will specifically contemplates the marriage and names the intended spouse. So, if you are contemplating a marriage, or you have had a marriage and have a will that pre-dates that marriage, you need to get yourself a new will.

Wills for a second (or subsequent) marriage are typically more complex than wills for clients who are in or are contemplating or still in their first marriage. This is due to things such as the presence of children from previous relationships. These children often need to be catered for separately to any children of the current marriage (or relationship).

In a first marriage, where mum and dad have children together, the wills are typically the same for each parent: if they die, everything goes to their spouse. If they both die, everything goes to ‘their kids.’ In the case of each parent, ‘their kids’ means the same people – because the parents have kids together. In cases like this, it does not really matter which parent dies first.

But, in a second or subsequent relationship, couples often need to take care that they do not simply leave everything to their spouse. This is because that spouse may have children from another relationship, which raises the prospect that one partner’s wealth ends up going to the other partner’s children.

We can assist all clients to create a will that suits their circumstances. We do this by introducing our clients to a team of expert will-preparing lawyers who will ensure that they provide a will that meets all of your needs – but without breaking your bank.

So, please feel free to contact us if you would like to discuss a first or subsequent will. And do it especially if you are about to get married!

 
 
Superannuation and Estate Planning The best estate planning is simply the best planning
What to Do if Someone Dies
Estate Planning, Reflection

What to Do if Someone Dies

How to Win at Tennis. And Investing
Investment, Reflection

How to Win at Tennis. And Investing

Give the Gift of Conversation – for the Good of the Country!
General, Reflection

Give the Gift of Conversation – for the Good of the Country!

Contact Us

Contact Us
Please leave this blank

Sign up to newsletter

Sign up to newsletter
Please leave this blank
© Everest Partners Private Wealth Management 2023
ABN 22 603 037 510 | Financial Services Guide | Privacy Policy | Disclaimer

Everest Partners Private Wealth Management Pty Ltd is a corporate authorised representative (1278026) of Crown Wealth Group Pty Ltd (AFSL 494274)


General Advice Warning

All strategies and information provided on this website are general advice only which does not take into consideration any of your personal circumstances. Please arrange an appointment to seek personal financial, legal, credit and/or taxation advice prior to acting on this information.