Is it better to have one will covering multiple jurisdictions?
Or
Is it better to have a separate will for each jurisdiction?

 

Many people hold assets in different jurisdictions. When constructing a will it is important to keep this in mind, to reduce potential complications arising when administering an estate. This article will address the issue from the perspective of Victorian law.

It is necessary to assess whether or not one should have multiple wills that are specific to each jurisdiction, or to have one will that covers each and every jurisdiction within which assets reside.

Having multiple Wills may be a simple and effective solution to some testamentary issues; however, it can also at times create its own set of problems when not exercised carefully, to cover all contingencies.

To read the full article, please click on the pdf below.