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The Will and Testament Law in Auckland, New Zealand, falls under The Wills Act 2007 and The Property (Relationships) Act 1976. These laws cover the specifications for a valid will and provide legal protection for the distribution of assets after death. In a will, individuals can express their choice of beneficiaries, guardianship for minor children, and asset distribution preferences.
While it is not mandatory to consult with a lawyer to write a will, it is highly recommended considering the legal complexities involved. Common situations where a lawyer's help can be invaluable include substantial assets distribution, complex family relationships, the existence of a potential heir with special needs, or if there are international elements involved. Lawyers ensure that one's will is legally sound and meets all regulations, reducing the possibilities of disputes later.
New Zealand law requires that a will must be in writing, it needs to be signed by the testator in the presence of two witnesses who are not beneficiaries. The testator must be sound minded and at least 18 years old. Any changes in the will also need to follow the same guidelines. If these requirements are not met, the will might not be legally valid. Furthermore, The Property (Relationships) Act provides certain rights to a person's spouse or partner, which can supersede a will under some circumstances.
If a person dies without a will (intestate), the Administration Act 1969 sets out how the estate will be distributed, typically it is passed to the spouse or civil partner and children.
In general, you have the right to specify where your assets go after your death. However, the Family Protection Act 1955 provides certain rights to your spouse, children, and some dependents, who may claim against your estate if they feel inadequately provided for.
Yes, a will can be contested under certain circumstances, such as if a beneficiary feels the will is unjust, or if they believe the testator was under undue influence when writing the will.
There are no fixed rules, but it is recommended to review your will after significant life events like marriage, birth of a child, divorce, or overseas relocation.
While it is legally possible to make a joint will, it is less common due to potential complexities with changes in circumstances.
You may find the following resources useful: 'The Wills Act 2007', 'The Property (Relationships) Act 1976', and 'Family Protection Act 1955'. For further help, organisations such as The New Zealand Law Society can provide guidance and attorney referrals.
If you need legal assistance with your Will and Testament, consider scheduling a consultation with a lawyer specializing in Estate Law. They can make sure your will is legally sound and reflect your wishes accurately.
