Live life and tick off your bucket list
5th August 2014
Live life and tick off your bucket list
Founded by public law expert Mai Chen, My-Bucketlist.co.nz (previously willtolive.co.nz) is a website that has been rebranded to encourage New Zealanders to celebrate life with a fulfilling bucket list. The website aims to provide inspiration to embrace life before we all eventually pass away and for people to plan ahead for the future so they can get on with enjoying life and doing what they want most.
My-Bucketlist provides a platform to create a basic will online without consulting a lawyer, guided by an easy 6 step tool. An alarming 70% of New Zealanders aged between 24-44 years do not have a will and often leave it too late or their families in a difficult situation. As featured on TV3’s 3rd Degree programme, George Ngatai and his brother Richard had been fighting for 25 years over family land worth millions. They both agreed that none of the excessive legal fees and enormous stress would have been necessary had there been a will in place. It also highlighted and made many aware of the importance in creating a will to ensure loved ones are looked after and there are no disputes over property and valued belongings.
Chen says “Nobody likes talking about death but I’ve seen family members who love each other fighting over who gets what and it’s not a nice experience to put your family through”.
The online will takes about 15 minutes to create and once completed, people can then start to think about creating their bucket list to see what they want to ‘tick off’ as part of living their life to the full.
“Once you sort your death out you can clear the way and start to enjoy and just get on with living life. The aim of My-Bucketlist.co.nz is to encourage people to do their wills and not have regrets in hindsight” said Chen.
The philosophy of enjoying life and living within your values and purpose is supported by a number of notable New Zealanders including Sir Ray Avery, CEO of award winning development agency Medicine Mondiale and social entrepreneur, Antonia Prebble, NZ actress, Dame Susan Devoy, Race Relations Commissioner and Therese Walsh, Head of New Zealand ICC Cricket World Cup 2015. Their videos of inspiration to enjoy life are available on My-Bucketlist.co.nz for viewing.
My-Bucketlist.co.nz also provides advice to people on how to fund their bucket lists, dreams and goals depending on what personal situation you are in.
The cost of creating a will via My-Bucketlist.co.nz is $49.95. The will is then stored safely online so a copy can be accessed and updated when needed. The website of My-Bucketlist.co.nz is not a substitute for legal advice. Instead, it is a tool people can use to easily draft a will that suits their needs. The website contains instructions for how to execute a will — and how to seek legal advice if needed.
In New Zealand law, if you
have no will, your estate will be divided up by the
• Your spouse or partner gets your personal chattels, the first $155,000 of the estate and one-third of the rest. The other two-thirds goes to your children.
• If you have no children, your partner gets the personal chattels, the first $155,000 and two-thirds of the rest. Your parents get the other third. Your partner gets the lot if your parents are deceased.
• If you have children but no partner, the entire estate is left to the children equally.
• If you have no partner or children, your parents inherit. If your parents are deceased, the entire estate is left to blood relatives or to the Crown if no relatives exist
• Another vital aspect of a will is appointing guardians if you have underage children. As a parent it is very important to consider whom to entrust with this important role should something happen to you and your children’s other parent. If you do not leave clear instructions someone would need to apply to court to be appointed as a guardian. While a will can be contested it is more likely that your family would accept your wishes than argue over guardianship rights.