Friends With Money #26: Making your last will count

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A last will and testament is probably something that most of us would rather avoid thinking about, but it could be one of the most important documents you'll ever have to complete.

So how many of us actually have a valid will, and why is it so important to have one in place despite your age and earthly possessions?

In this episode of the Friends With Money podcast, managing editor Julia Newbould is joined by Peter Bobbin, principal lawyer at Coleman Greig Lawyers, to talk about wills, why they are important, and what to consider when putting one in place for your estate.

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Friends With Money podcast FAQ

What is the Friends With Money podcast?

Friends With Money is a weekly personal finance podcast by Money magazine, offering expert insights on investing, budgeting, superannuation, property, and other money strategies for everyday Australians.

Where can I listen to the podcast?

You can listen on Apple Podcasts, Spotify, or YouTube (with closed captions available).

Who hosts Friends With Money?

Episodes are hosted by Vanessa Walker and Tom Watson from Money magazine, featuring expert guests and real conversations about money.

Is the podcast suitable for beginners?

Yes! It's designed to be accessible for beginners while still offering valuable insights for seasoned investors.

What topics does the podcast cover?

The Friends With Money podcast covers topics including banking, property, budgeting, superannuation, investing, saving, insurance, employment, travel and more.

How often are new episodes released?

New episodes are released weekly, so you can stay up to date with the latest financial tips and trends.

Can I watch episodes with captions?

Yes, full episodes with closed captions are available on YouTube.

Why subscribe to the Friends With Money podcast?

Boost your financial literacy anytime, anywhere with the Friends With Money podcast from Money magazine. Whether you're commuting, working out, or relaxing at home, this weekly podcast makes it easy to grow your money knowledge on the go.

Each episode dives into real conversations about money - how it's earned, shared, saved, and grown - with tips and insights that make finance simple and relatable. Perfect for beginners and seasoned investors alike, it's your go-to guide for building better financial habits.

Subscribe to the Friends With Money podcast today and start learning when it suits you.

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Julia Newbould was editor-at-large and later managing editor of Money from November 2019 to February 2022. She was previously editor of Financial Planning and Super Review magazines; managing editor at InvestorInfo and at Morningstar Australia. Julia co-authored The Joy of Money, a book on women and personal finance. She holds a Bachelor of Economics from the University of Sydney where she serves on the alumni council.

Peter Bobbin has more than 30 years' experience as a lawyer and holds degrees in accounting and law from UNSW and a Master's in taxation from UWS. He is a Chartered Tax Advisor and the Australian chair of the Society of Trust and Estate Practitioners. A principal of Coleman Greig Lawyers, Peter is a former accountant and former lecturer in superannuation and state taxes at UWS.