4. Review if you want to change your beneficiaries

When you make a will, you decide who gets your property after you die. For example, you might want to leave property to:

• a married or common-law partner
• your children and grandchildren
• a sister, brother or any sibling
• other family members like a niece, or nephew
• a friend or neighbour
• organizations such as charities or other public or private organizations

The people and organizations you leave your property to are called your beneficiaries. Over time, you may want to change them.

It's a good idea to review your will to see if there are beneficiaries you would like to add or remove.

Also review your will to see if a beneficiary has died or an organization has closed down. You need to think about what you want to happen to that property. For example, you may decide the property goes:

• to the beneficiary's children
• to someone else
• back into your estate

If you do not say what happens, it becomes part of the residue of your estate.