18/11/2021
Estate Planning
⩴ Captain [Cicero] ➲ Move to Minibots
Version 3 ➲ Trying a Quiz as an alternative Minibot
If you don't want to talk to a Lawyer …
Our original ⩴ Captain [Cicero] Chatbot aimed to do too many tasks.
For clients unaccustomed to chatbot technology it was an overwhelming experience.
With the benefit of valuable feedback, for our version 2 chatbot rollout we have taken a strategic decision to breakdown our version 1 megabot into many minibots!
Each minibot will be designed for a single purpose.
Our first minibot aim to help Australians quickly + objectively assess whether or not their Will is likely to be complex requiring them to seek legal advice.
We have embedded the minibot below so you can give it a try right now!
Many Australians struggle with this question.
The resistance or fear of consulting a lawyer may be too high to overcome.
Often the decision is simply so difficult, ultimately it is placed in the "too hard basket"!
This minibot is designed to address the ongoing problems Australians have with this question and seeks to reduce the number of Intestate Estates + Faulty Wills in the future.
It can be accessed for free anytime 24/7/365.
A failure to take any action may result in a person passing intestate with no Will in place, with adverse consequences for their intended beneficiaries.
Even where a decision is made to do it yourself, this decision is often made by jumping to conclusions based on assumptions for which there is no legal basis. This could arise due to a misunderstanding gleaned from foreign TV/Media or for many other reasons.
We know from experience that without the benefit of legal advice tailored to your individual circumstances, +/or consulting a lawyer the chances of you having a faulty Will skyrockets!
A faulty Will has the potential to cause irreparable harm to both your estate and consequently to your intended beneficiaries.
For example:
USA legal jurisdictions allow for a person to cut a family member from their Will without any legal consequences, whereas in Australia legislation can operate by way of granting a legal right to make a Family Provision Claim against your estate to eligible persons.
When incorrect assumptions are made it can cause unforeseen litigation + expense reducing the size of your estate for your intended beneficiaries.
We have decided to try an experiment by creating our next two minibots using our in-house quiz development tool.
Employee or Contractor? ➲ Are you Breaking the Law?; +
Employee v. Contractor ➲ Mythbusters
Compare these two quiz examples to our version 2 minibot above.
We welcome your valuable feedback in the blog comments section below.
The problem is that you don't know what you don't know, and the law (and/or the Courts interpretation of it) does change over time so what might once have been the case may have changed.
In sum, in an abundance of caution, always seek legal advice from a lawyer.
If for any reason you decide you don't want to talk to a lawyer at least consult with ⩴ Captain [Cicero]!
The minibot/s can be accessed for free anytime 24/7/365.
Further reading:
👉 How to Achieve Zen-Like “Peace of Mind” knowing your Legal Affairs are in Order
👉 Born Biased ➲ Our Natural Tendency to Jump to Conclusions before knowing all the Material Facts
⚖️ An Easy Guide to Testamentary Discretionary Trusts
Social Sharing Image: Courtesy of kevser on Unsplash
Credits: This blog article was written by James D. Ford GAICD | Principal Solicitor, Blue Ocean Law Group℠.
Important Notice:
This blog article is intended for general interest + information only.
It is not legal advice, nor should it be relied upon or used as such.
We recommend you always consult a lawyer for legal advice specifically tailored to your needs & circumstances.
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