If you die without a will, your estate will pass to your eligible next of kin in a prescribed statutory order. This may not be how you wanted your assets to be distributed, and can cause unnecessary delay, expense and emotional distress for your loved ones. 

Get specialist legal advice 

The importance of making a will can't be underestimated. A lawyer can make sure that your will is valid and legally enforceable – that it includes all your assets outside of super, and is properly executed, among other things. 

TelstraSuper Financial Planning works with two specialist Estate Planning advisers to ensure members can have confidence that their wishes are appropriately documented.  

Don’t be one of the 50% of Australians whose assets don't always go to the people intended*.

Review your will regularly 

If you acquire assets, take out a mortgage, marry, divorce or separate, have children or receive an inheritance – all these events can potentially affect your estate planning. It's best to review your will regularly, as well as when a major life event occurs, to ensure that your assets will be distributed in accordance with your wishes.

Your will doesn't cover your super

Remember that unlike your personal assets such as your house, property and investments, your superannuation does not automatically form part of your estate on your death. Your will may not cover this important asset. There are a couple of options for how you can decide who gets your super benefit on your death.

Learn more about binding and non-binding nominations