The Shocking Truth: Why Only 24% of Australians Have a Will with Mary-Ann de Mestre

Smart Business Growth with Nicky & Ness

Mar 5 2024 • 33 mins

In this episode, Mary-Ann, Nicky, and Ness dive deep into the startling statistics around estate planning in Australia. They explore the historical context of women's rights and the evolution of wills, shedding light on the importance of breaking cycles and empowering individuals to take charge of their financial futures.

Episode Highlights:

  • Startling Statistics: The hosts discuss the Granwell Project study revealing that only 24% of Australians have prepared a will, prompting a critical examination of societal attitudes towards estate planning.
  • Historical Context: Delving into the historical progression of women's rights, the conversation highlights the transformative impact of legislation such as the Married Women's Property Act and Family Provision Legislation.
  • Breaking Cycles: Reflecting on the significance of rewriting history, the hosts emphasize the duty to challenge traditional norms and empower individuals, especially women, to embrace estate planning as a means of celebrating life and legacy.
  • Empowering Conversations: Practical advice is shared on initiating conversations with partners and family members about estate planning preferences, emphasizing the importance of updating wills periodically to reflect life changes.
  • Celebrating Life: The episode concludes with a call to action for listeners to celebrate their lives and reflect on the cycles they are breaking, encouraging a holistic approach to estate planning and legacy-building.

With engaging anecdotes, historical insights, and actionable advice, this episode inspires listeners to confront the reality of mortality and take proactive steps towards securing their financial legacies.

Email md@mdemestrelawyers.com.au
Instagram: @mdemestre_lawyers
Website: www.mdemestrelawyers.com.au

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