Having a will is a crucial part of financial planning for Australians. It ensures assets are distributed according to one's wishes, protects families (especially those with minor children), and avoids legal delays and costs. Furthermore, a will can manage superannuation, digital assets, and prevent family disputes. Beyond a will, Australians should also consider power of attorney, advance care directives, trusts, and life insurance. Creating a will provides peace of mind by securing one's financial future and removing uncertainty for loved ones.