The Will is the main document used to facilitate the distribution of an individual’s assets.

Not all assets can be distributed via a Will. Assets that can be distributed via a Will include:

• Personal belongings held in your name.
• Investments held in your name, including property, cash, shares in companies and units in trusts such as managed funds.
• Shares in unlisted companies. For example, you could own shares in a personal company in which your business operates. The shares can be dealt with in your Will and this in turn, can then enable you to leave control of that company and the assets owned by the company to the desired person.
• Interest in a property owned as tenants in common.