Can I just caution against getting a will kit as when you have children things get complex. In Qld the Public Trust Office does them for free but make sure you don't nominate them as the executer of your will as they will charge big fees. Nominate someone you trust like your dad he should make sure your wishes are carried out for free. Check and see if the Public Trust Office offers this service in your state or otherwise I would pay the money to get a lawyer to do it properly. I feel that will kits could be contestable and you might not include some important things but just my humble opinion.
If you will all your assets to your child, then you need to state the age we said 25 for our kids for your child to access the assets. You also need to nominate trustees to make financial and investment decisions in regards to your assets on behalf of your child till age 18. You can choose more than one and again they have to be people you trust implicity and it would be handy if they had some financial knowledge. Even if you don't have a lot this is still worth doing.
The other big thing with a will is you should elect a power of attorney to make decisions for you if you are in a coma or vegetative state otherwise the Government will make decisions for. I would not like the Govt making decisions for me about my health.
Hopefully you will be kicking for many years to come but it is important to get your will done properly otherwise you could leave a mess behind.
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