Future-proof your world: tick your will off that to-do list

It’s crucial to have a will – way before you need it. Life can be unpredictable after all, so having yours in place helps to make sure your wishes are known and followed.

It’s a way to future-proof what’s important, and take care of whānau and those you’re close to.

Whether you’re among the 50% of adult Kiwis with a will or still have yours on the to-do list, this Wills Week (15–21 July) is a perfect opportunity to create or update yours.

How do I get a will? 

You can create a will with a lawyer or trustee organisation like Public Trust. It’s easy to create one online. 

Online platforms such as Public Trust, LawHawk and Footprint offer low-cost options for wills and enduring powers of attorney.  

You can also find planning help at Te Hokinga ā Wairua. 

Wills don’t have to be pricey. Some lawyers will even write one for free, so there’s no harm in asking around. 

Why wills matter 

A will is a legal document that outlines your wishes for what you own (like your house, car, KiwiSaver account and investments) after you die. It can also include instructions for special items, name a guardian for your children, specify what happens to your pets and communicate your funeral arrangements. 

A well-defined will gives clarity and reassurance to your loved ones, giving them peace of mind that your wishes are formally recorded.

What happens if I don’t have one? 

Without a will, the process gets more complicated, time-consuming and stressful for whānau. 

If you have assets worth $15,000 or more in one place (like a house, your KiwiSaver or a bank account), the estate administration process requires a High Court order to unfreeze them. Without a will, this can become more complex than it needs to be. 

Wills aren’t just for the wealthy. Even if you don’t own much, a will is important for outlining your wishes for children, special items and pets. And don’t forget your KiwiSaver – you may have more than you realise! 

Key considerations before you create your will 

Thinking about the future can be tough, but having these important conversations with your loved ones is essential. Start with open-ended, broad questions like, “Have you thought about the future and made plans in case something happens?” 

Here are some key questions to guide you: 

• What do I want to happen to my assets when I die? 
• Are there special, sentimental items to gift to specific people? 
• Who would be the testamentary guardian for my children? 
• What would happen to my pets? 
• Do I want to include any charitable gifts? 
• What are my preferences for my funeral? 

Making a difference with your will 

As you sort out your will, consider including charitable gifts. Any amount can make a big difference to a cause you care about.  

Your will is a powerful tool for having a lasting impact on the charities that matter to you. 

Already have one? 

Remember, a will isn’t ‘set and forget’. Review yours every five years or after significant life events, such as: 

• The death of a family member or person included in your will 
• Relationship changes, like separation or a new partnership 
• The birth of a child or grandchild 
• Significant changes to your assets or liabilities. 

This Wills Week is a great reminder for us all to create or update our wills. Start today and make sure your wishes are clear and your loved ones are taken care of. It’s a way to protect what’s important.