Where to store your Will?
Once you have taken the time to write your will and have it witnessed, it is important to consider how and where you store your will. An option to think about is the WA Will Bank.
What is a Will Bank?
The Public Trustee, which is part of the WA Department of Justice, runs the WA Will Bank as a community service providing Western Australians with a safe place to store their will.
Why should I use a Will Bank?
- Storage is free for All Western Australians
- Depositing and retrieving your will is easy
- It's one of the first places people will go to find your Will if you unexpectedly pass away.
- The vault is designed to be fire proof, and protected from theft, damage and interference.
- Your will is stored somewhere securely, in a place that can be easily found.
- The WA Will Bank is owned by the WA Government.
How do I lodge a Will?
Complete the WA Will Bank Deposit Form, and either take the Original Will, along with current identification to the Public Trustee at 553 Hay Street, Perth, or lodge your Original Will through registered post with certified copies of your current id.
What does it cost?
It is free to deposit your Will at the WA Will Bank if you do so yourself. If you have a third party do it for you, you may be charged a $195 storage and processing fee.
Who can access your will?
You can request a copy or withdraw your Will at any time by submitting the form WA Will Bank Request for Copy or Withdrawal of Will by Testator to Will Bank.
In very limited circumstances, third parties can also request a copy or withdrawal of your will. Third party requests are assessed by the Department of Justice legal practitioners.
At Aspen Corporate, we believe in the importance in having a well-considered and documented will which provides a map of your intentions on how your assets are to be distributed and helping avoid conflict between your estate's beneficiaries. Ensuring that your will is stored in a safe and secure place is just as important.