Who would have thought that Australian music icon, Molly Meldrum would be lying in hospital after brain surgery in an induced coma?
It has been reported that he fell from a ladder whilst putting up his Christmas lights in readiness for a party at his place next week. This is something that could happen to anyone of us but are we ready for this in our lives if it happened to us?
This incident highlights the fact that this type of accident could happen to anyone and you really do need to make sure that your legal affairs are in order. It remains to be seen how Molly responds to his surgery and treatment but, even if he does survive, he may be out of action for a significant period of time and could even have long lasting brain damage. If he has been unfortunate enough to lose his mental capacity, hopefully he has an Enduring Power of Attorney in place so that people that he trusts can handle his medical and financial affairs.
In the worst case scenario, if Molly was unfortunate enough to die from his injuries, he should have a properly drafted Will in place so that his assets are distributed to those beneficiaries that he wishes them to go to.
Once again, it is a timely reminder to all of us that we should regularly review our Wills and Enduring Powers of Attorney to ensure that they accurately reflect what our wishes are in the event of something like this happening to us.
The Christmas break may well be an opportune time for people to reflect on these matters and get their affairs up to date.[AM_MOREINFO]