When the time comes to shuffle off this mortal coil, you leave behind two things, your remains, and your stuff.
A will is basically the instructions on what to do with your stuff, but it's complicated.
The Project got in the experts Professor Nicola Peart from the University of Otago and Tom Hartman from the Commission for Financial Capability to tell them the way of the will.
For starters, what actually makes a will legally binding?
"You could take any piece of paper and write your wishes on it and to make it binding you need sign it in the presence of two witnesses and those two witnesses must sign the document as well," Prof Peart said.
Sometimes, the dying choose to leave money or their stuff to charity, because if your heading to the pearly gates, a little good karma might just get you through the door.
New Zealanders bequeath $190 million a year to charity and the way that's done has to be precise.
If it isn't done right the charity could use the money for other things.
You're supposed to love your kids equally, but you might actually love one a little more equally than the others. What happens if you give it all to them?
"There is a statute, the Family Protection Act, which allows a child for example to challenge a will where they believe the deceased has not done the right thing by them," Prof Peart said.
What about contesting wills, could that ever be worth it?
"Most wills can be contested, but things get really expensive, really quickly and that money does not come to the children, it usually goes to the lawyers," said Mr Hartman.
What about leaving stuff your pets? Turns out you can do that too with a little bit of help.
"Yes there have been some cases where the estate has left $1 million to their dogs, the dogs will get looked after properly but not, perhaps, to the tune of a $1 million," Prof Peart said.
"The court would need to nominate someone to make sure [it works], because does your cat have a bank account?" Mr Hartman said.
But in the end does it all really matter?
"Without a will nobody can figure out officially what you would have wanted to happen with those assets," Mr Hartman said.
"The thing with wills they're actually like an act of love in advance for the things you hold dear."
"Discuss it with your family so that there aren't any nasty surprises," Prof Peart said.
For the full story, watch the video from The Project.
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