Attended a lunchtime talk on the above and had more understanding on the matter
Things discussed
1. Advantages of a will
2. Who gets the money (if any left) from a death?
3. Estate planning
In summary, it seems that there is a lot to learn about this subject. And it is very important. It speeds up the process for claims compared to not setting up a will.
My suggestion. If you have the time, look into this matter and learn from it. There's a lot of logic in it and you might deny and give yourself numerous excuses. But its always the living ones that will need to settle your stuff. Think for the living and your loved ones...
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