Solicitors For the Elderly (SFE) are hosting an Update Your Will Week from 23rd to 29th January. The purpose of this is to encourage more people to update their Will and ensure their wishes are carried out when they die.
Why we think having an up-to-date Will is important
By reviewing and updating your Will every 3 to 5 years, you are ensuring that it is reflecting your wishes and your current circumstances. Having an up-to-date, well-drafted Will, can help to ease the stress for loved ones and minimise the chances of disputes.
How often should I review my Will?
It is recommended that you update your Will every 3 to 5 years. However, you should also be thinking about updating your Will if there are any major changes that impact you or your loved ones. For example, the death of a family member or friend, a new baby, a marriage or divorce. You should also be aware that getting married will automatically revoke your Will unless it was made in specific contemplation of your marriage.
How do I make changes to an existing Will or create a new Will?
It is important to speak with an experienced legal professional as they will be able to advice on your unique situation and wishes. A legal professional can also help with reducing your inheritance tax.
At Four Oaks Legal Services, we have two STEP qualified Wills and Probate Solicitors and an expert SFE solicitor. If you would like to discuss your Will with us, contact us on 01543 440 308 or email adam@fouroakslegalservices.com