MONEY | Changing laws, 'will substitutes' and what it means for your shared assets

By Noel Whittaker
Updated July 2 2021 - 3:48am, first published August 19 2020 - 12:00pm
DETAILS: Financial guru Noel Whittaker says it's important to have a will, but to understand that certain assets may still fall outside its terms. Picture: Shutterstock
DETAILS: Financial guru Noel Whittaker says it's important to have a will, but to understand that certain assets may still fall outside its terms. Picture: Shutterstock

It's important to have an updated and valid will, but many people don't understand that certain assets fall outside the will. These include money in superannuation, insurance bonds, and assets held as joint tenants.