Is your current Will up to date?
Is your Will up to date?
You’ve made a Will which is fantastic. You are taking control of what happens to your physical assets when you sadly die.
To ensure those wishes are protected and kept valid, it is important to review your Will and keep it up to date when changes may have occurred in your life and circumstances may have changed.
We offer a No Cost Review Meeting to discuss your Will or review your current Will to ensure everything is up to date and we have given you the appropriate advice. It’s completely FREE.
Marriage automatically revokes a Will. As such, upon marriage, the pre-existing Will is no longer valid.
Can a Will expire?
Once written, your Will lasts forever. There are no time restrictions on Wills, which means that you do not have to write a new one every year. However ensuring your Will is up to date ensures it remains valid. It is considered best practice to have your Will reviewed regularly and updated.
Circumstances and family dynamics can often regularly change, as do personal circumstances. These can have a significant impact on the wishes made in your will at the time of writing it.
It should be noted that marriage automatically revokes a Will. As such, upon marriage, the pre-existing Will is no longer valid.
Why review your existing Will?
Your Will is the most important document you will ever create as it is an allocation of your inheritance and is your chance to control how you will be remembered for future generations.
A Will is a document that should be regularly reviewed to make sure that as your circumstances and wishes change over time, so does your Will to accurately reflect that.
From time to time, the Law changes meaning that you may wish to make updates to your Will to ensure that your inheritance is protected in the most efficient way.
A Will is a document that should be regularly reviewed
As your circumstances and wishes change, your Will accurately reflects your story.
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If you’re ready to take the next steps in creating your Will or need advice and our recommendation, speak to our friendly team today.