Updating an Existing Will
It is extremely important to review your Will every 3 - 5 years to check that it still reflects your wishes. It is especially important to review your Will if your personal circumstances change. This may include any of the following:
- The birth of a child. If you have had a new child, it is important that they are included in your Will and that you
appoint a guardian for their care. If you have an existing Will that does not include your child, your child may
have to bring a claim against your estate in order to benefit. In addition, the court will decide who looks
after your child if they are under the age of eighteen.
Click here for more information regarding guardianship.
- Grandchildren. If you are a grandparent, you may want to make sure that all of your grandchildren are included.
- Any other changes to family members. You may wish to include or exclude other family members from benefiting from your estate.
- Marriage or divorce. Marriage has the effect of automatically revoking any existing Will you may have in place. If you divorce, any appointment of your former spouse as an executor or beneficiary will be revoked.
- Separation. This effect is not the same as divorce, but you may wish to ensure that your spouse/partner does not benefit from your estate.
- Financial changes. It is important to keep an eye on the value of your estate for tax planning purposes.
- Property abroad. If you own property abroad, it is essential that you make a Will in that country to ease the administration of your estate.
I have a Will that includes my other children, do I need to change it?
If your current Will refers to "children" as a group, then all of your natural or adoptive children will be included. If your current Will refers to your children by name only, then your new child will not automatically be included and you will need to make a new Will to ensure that they benefit from your estate.
How do I get my Will reviewed?
Simply telephone us on 0800 294 6549 or fill out the contact us form and one of our experienced Will advisors will be able to discuss your Will with you. Please note that it would help greatly if you had a copy of your existing Will to hand when speaking with a Will advisor.
If it becomes apparent that your existing Will needs to be changed, we will be pleased to prepare a new Will for you at our normal charge.