List of Allocation of Personal Chattels [designed for use alongside our Wills]

Example Types of Personal Chattels

The following types of Personal Chattels are provided by way of example:

• Pet/s;
• Antiques / Household Furniture;
• Vehicle/s;
• Boat/s;
• Plane/s or Helicopter/s;
• Family Heirloom/s;
• Jewellery;
• Stamp/Art/Book/Other Collection;
• Journal/s;
• Ethical Will / Legacy Letter;
• Sentimental Items; and
• Others …

What is a List of Allocation of Personal Chattels?

Our List of Allocation of Personal Chattels is designed to be used when you want to provide details to your Executor/s about what Personal Chattels you own and where they are located.

You can also specifically allocate or gift a personal chattel to a particular Recipient, who can be an individual, company or trustee.

Our List of Allocation of Personal Chattels includes the following:

💡 Description of each Personal Chattel in as much detail as possible; together with provision for your

💡 Instructions regarding the location of the Personal Chattel and how to access it (if applicable);

💡 Your nomination whether you want to allocate or gift each Personal Chattel to a specific Recipient to the extent you own it at the date of your death (including their full legal name, relationship to you, occupation, and residential address for identification purposes); and

💡 Secured Debt details (if any) and your instructions regarding whether or not the Recipient (if any) should recieve the Personal Chattel free and clear of any debt, or whether the Executor/s will need to have the Recipient confirm that they will assume the debt (if any) before they can take the gift.

Specifically Designed to work alongside our Wills

Our Wills has been meticulously designed in consultation with leading Australian estate planning experts to allow you to:

1️⃣  Reduce the need to update your Will for minor changes; and

2️⃣  Greatly assist your Executor in administering your Estate.

In order to achieve this our Wills include the following self-explanatory clause which is designed to create maximum flexibility and reduce the need to create and formally re-execute updated Wills:

Personal Chattels

I direct the Executor to deal with my Personal Chattels in accordance with the instructions set out in the last dated list or memorandum signed by me and stored with this Will or amongst my private papers (if any).

This special feature also reduces the chance that your intended gifts might fail due to a subsequent change in your ownership of specific Personal Chattels.

By way of example:

If you had gifted your car to your nephew and subsequently upgraded your car to a different make and model, using our List of Allocation of Personal Chattels you are quickly able to create a revised list to give effect to the required change.

If you do not prepare a List of Allocation of Personal Chattels, your Personal Chattels will be added to the residue of your estate.

We do not recommend you include gifts of specific Personal Chattels within your Will.

Digital Legacy Plan / Digital Asset Directions + Funeral Directions

Our Wills also allow for the following to be provided for as separate lists/directions which importantly DO NOT form part of your Will!

➲ Digital Legacy Plan / Digital Asset Directions; and

➲ Funeral Directions.

If you decide to take full advantage of our unique and flexible approach it means that you can update any of the above, as well as your Digital Legacy Plan / Digital Asset Directions at any time, by simply dating + personally signing a revised list/direction (no witnesses required).

Potential Global Application

This legal document has the potential to be used globally so long as careful attention is paid to your local legal requirements.

If this legal document is used in Australia in combination with our range of Wills, it has been designed so that it may be completed or updated at any time.

In some legal jurisdictions (eg., California, USA), you will not be able to complete or update this legal document at any time without needing to re-execute your Will.

We recommend you seek legal advice from a local lawyer regarding any specific limitations, as well as any other unknown legal requirements applicable in your local jurisdiction.

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