Making changes to your Will

by Dec 29, 2021News

It’s great that you have made your Will, but have your circumstances changed since you made it? Does it still do what you want it to?  Do you know where it is?  Reviewing and making changes to your Will to keep them up to date is important.

We have recently been asked about making changes to your Will, so this article will provide you with some answers to our most frequently asked questions.

How often should I review my Will?

It is important to review your Will regularly and make sure that it still accurately reflects your wishes.

We would recommend reviewing your Will every 3 to 5 years, or sooner if you have a change in your circumstances. These changes could be due to marriage, divorce, birth of new children or grandchildren, death of a beneficiary or coming into some money. It is important to ensure that your Will matches your current situation as well as being up to date with any changes in the law.

How easy is it to change my Will after it has been written?

It doesn’t have to be difficult to update your Will. By booking an appointment with Trusted Law, we will take the time to have a look through your previous Will, have a chat with you about your current circumstances and determine your wishes. We are then able to offer advice tailored to your specific situation as well as updating you on any changes in the law since your last Will was written. We can then talk through any changes that need to be made to your Will, in order for your wishes to be carried out and would provide you with draft documents for checking before final Wills are printed, bound and ready to be signed. This new and amended Will, would then supersede any previous one.

How many times can I amend my Will?

You can amend or re-write your Will as many times as you need to.  It doesn’t need to be your LAST Will and Testament.  The important thing is making sure it is up to date.

Do I need to change my Will if I move house?

No, you do not need to update your Will if you, or anyone named in your Will, moves house.

Shall I wait until after my divorce to change my Will?

This is a significant change in circumstances, and you should change your Will as soon as you have separated.  Otherwise, there is a risk your future ex-spouse will inherit everything.

If you are thinking about making changes to your Will or just have some questions about making your Will, feel free to get in touch; we are always happy to have an informal chat. Contact us here or call us on 01953 711950 or enquiries@trustedlaw.co.uk