--- title: What is a Will description: A will is the most important document you will ever sign it is a legal document that sets out your wishes for the distribution of your assets after your death image: https://blog.eastcoastlaw.com.au/hubfs/Lastwill.jpg --- - [Home](https://www.eastcoastlaw.com.au/) - [Family Law](https://www.eastcoastlaw.com.au/family-law/) - [Conveyancing](https://www.eastcoastlaw.com.au/conveyancing/) - [Business Law](https://www.eastcoastlaw.com.au/business-law/) - [Contact Us](https://www.eastcoastlaw.com.au/contact-us/) [Conveyancing](https://pages.eastcoastlaw.com.au/living) ### A blog for easier living Life was meant to be easy Today's world throws us many curveballs. Join us for tips & life hacks that straighten the curves & help you enjoy the ride. Sign up   [Living Blog Home](https://pages.eastcoastlaw.com.au/living) [Family Law](https://blog.eastcoastlaw.com.au/living-blog/tag/family-law) [Conveyancing](https://blog.eastcoastlaw.com.au/living-blog/tag/conveyancing) [Featured](https://blog.eastcoastlaw.com.au/living-blog/tag/featured) [Business](https://blog.eastcoastlaw.com.au/living-blog/tag/business) # What is a Will Sep 25, 2015 12:00:00 AM ![Lastwill](https://blog.eastcoastlaw.com.au/hubfs/Lastwill.jpg) Your Will is probably the most important document you will ever sign A Will is a legal document that clearly sets out your wishes for the distribution of your assets after your death. An up-to-date Will is the best way to help ensure that your assets are protected and distributed according to your wishes. Studies show that on average 48% of Australians do not have a current Will. Should you die without a Will your estate may be divided according to a Government formula. This formula will not reflect your wishes and which may cause undue hardship, cost and delay for your family. Important items to consider are taxation, capital gains tax legal validity so it's advisable that you have it prepared by an expert who can discuss all the issues or get expert advice where needed. It's a quick and easy process to protect your family's future so make it a priority. 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