Some examples of circumstances that may affect the effectiveness, suitability or validity of your Wills are:

  • Changes to the law or tax.
  • If you have married or divorced since executing your Wills.
  • If you have any children/further children or grandchildren.
  • If you have acquired or sold an interest in a business or farm.
  • If a beneficiary is disabled or vulnerable.
  • If you have recently inherited.

Your Will is the most important document you will ever put your name to. That means that you should ensure that you keep it up to date and treat it as a living document.

In this blog you can read what life changes should trigger you to review your Will.

If there are any changes that need to be made to the Will, these will need to be made by way of either a Codicil or by putting a new Will in place. A Codicil is usually used for smaller changes, such as changing who your Executors are. However, fundamental changes are usually better made by putting a new Will in place.

You do not however need to make a new Will if anyone named within it simply changes address. You can leave a note of their new details with your Will to confirm their new address.

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Frequently Asked Questions about Reviewing your Will

How often should a will be reviewed?

There is no one set time limit. However we would consider changing your Will whenever something significant changes in life.

When should you review your Will?

You should consider reviewing your Will when something significant changes in your life such as having children.

Do I need to review my Will?

Potentially. This is to ensure the correct people are inheriting and you are not benefitting someone you have fallen out with.

Why should I regularly review my will?

Ideally you only ever need to write one but whenever something changes in your life.

Contact the Franklins Wills team

If you have any questions about reviewing your Will, please don’t hesitate to contact our team of experts who are on hand and ready to help you.