Many people put off estate planning thinking it is something to deal with later. But life changes — marriage, children, property, business — all create a need for updated planning.
1
You do not have a current will or your existing will no longer reflects your circumstances
Dying intestate — without a valid will — means your estate is distributed according to the intestacy provisions of the relevant state Succession Act, not your wishes. The statutory formula prioritises spouses and children but may disadvantage de facto partners, stepchildren, and other dependants. Marriage automatically revokes a previous will in most states; separation does not. A professionally drafted will with a testamentary trust protects assets for children and blended families.
2
A family member has died and you need to apply for probate or administer the estate
Before an executor can deal with the deceased's assets — including transferring property, closing bank accounts, and paying debts — most financial institutions require a Grant of Probate from the Supreme Court. Where no will exists, Letters of Administration are required. The application process involves filing the original will, a death certificate, and an inventory of assets. Delays in obtaining probate can freeze estate assets for months.
3
You believe you have been inadequately provided for in a will or are eligible for a family provision claim
Under family provision legislation in each state — including the Succession Act 2006 (NSW), Administration and Probate Act (VIC), and Succession Act 1981 (QLD) — eligible persons (spouses, de facto partners, children, and in some states former spouses and grandchildren) can apply to the court for a larger share of an estate. Time limits apply: typically 12 months from the date of death in NSW and QLD, and 6 months from the grant of probate in VIC.
4
You need an enduring power of attorney before you lose legal capacity
An enduring power of attorney — financial and/or personal/medical — can only be validly executed while you have legal capacity to understand what you are signing. Once capacity is lost through dementia, accident, or illness, the only alternative is applying to the relevant Civil and Administrative Tribunal (VCAT, NCAT, QCAT) for a guardianship or administration order — a more expensive and time-consuming process that removes your own control over who is appointed.
5
You want to challenge a will on grounds of lack of testamentary capacity or undue influence
A will can be challenged where the testator lacked testamentary capacity at the time of signing (Banks v Goodfellow (1870) remains the legal test in Australia), or where undue influence by another person overbore the testator's free will. Fraud and suspicious circumstances surrounding execution are also grounds. These challenges are complex, require expert medical and factual evidence, and are heard in the Supreme Court — early legal advice is essential to assess viability.
6
You own a business, SMSF, or assets in multiple names and need estate planning that protects them
Business interests, self-managed superannuation funds, discretionary trusts, and jointly-held property do not automatically pass under a will — each requires specific planning. SMSF death benefits require binding death benefit nominations to direct payments. Testamentary trusts within a will provide asset protection and tax benefits for beneficiaries, particularly for minor children. Early estate planning for complex asset structures prevents disputes and tax inefficiencies that arise on death without proper documents.