By Ron Cohen
3 November 2015
Australia has signed a Convention providing for the recognition of the formality of International Wills, whereby participating Countries mutually accept the validity of such Wills without the necessity of enquiring as to whether a Will complies with the formality of the participating Country.
- In order for this to apply, there are additional formal requirements that must be followed when making a Will in Victoria.
- Many Countries are Party to this Convention
- It may now be unnecessary to have multiple Wills for overseas assets.
- An international Will will be recognised as a valid form of Will by Courts of Countries party to the Convention, irrespective of where the Will was made, the location of assets or where you live.
If you think that this may be relevant to your situation, please do not hesitate to contact us to check the whether a relevant Country is a party to the Convention, what steps you should take to implement the necessary new formalities, or whether you have any other queries in regard to International Wills.