FREQUENTLY ASKED QUESTIONS
(1) What is a Will and why do I need one?
A Will is a legal document that sets out who you want to receive your assets when you die.
Making a Will is the only way you can ensure your assets will be distributed according to your wishes when you die.
Studies show that at least 50% of Australians do not have a Will and/or a valid Will.
If you die without a Will your estate will be distributed according to a pre-determined formula by the State that you reside in and, if your only living relatives are more distant than cousins, your estate will pass to the government.
(2) What happens if I die without a Will?
A Will is a legal document that sets out who you want to receive your assets when you die.
Making a Will is the only way you can ensure your assets will be distributed according to your wishes when you die.
Studies show that at least 50% of Australians do not have a Will and/or a valid Will.
If you die without a Will your estate will be distributed according to a pre-determined formula by the State that you reside in and, if your only living relatives are more distant than cousins, your estate will pass to the government.
(3) Where should I keep my Will?
Most people understand that they should have a Will and how important it is.
However, a Will can only be used if it can be found when required.
It is important to store your original Will in a safe place.
It's really important that you tell someone close to you where your Will is stored. There have been many instances where family and friends were aware that a Will existed but they were unable to locate it when it was required.
iDecide is that place - the first online storage opportunity for life management documents including Wills, Power's of Attorney, Advance Care Directives and other related documents.
It is a secure, safe and accessible place to store your documents to access them when you need them most.
(4) What else can I store in iDecide?
iDecide is a state of the art life document management and storage system.
Initially we plan to enable storage for Legal and Financial documents but plan to expand this into Digital Legacy Records, Health, Funeral and Legacy Documents.
iDecide is safe, secure and accessible 24/7 so you know and can let your loved ones know where your documents are stored and how to access them when they need them most.