Making A Will Leaflet
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My Solicitor made a Will for me years ago…
Whether or not major changes have occurred in your life, you may find that your Will needs to be updated from time to time. Generally, you should review your Will at least every three years and ensure that its provisions accurately reflect your circumstances.
There are, however, certain situations in which you must update your Will:
- Marriage (or re-marriage) – which usually cancels a previous Will;
- Divorce – where a former spouse will usually be treated as if omitted from your Will;
- Separation – which does not affect a Will or entitlement on intestacy. However, you may want to ensure that gifts are not made.
You should also ensure that your Will is up to date following the birth of children, inheritances, family deaths and other major changes in your circumstances or in your family.
It is also sensible to keep it under review in the light of changing tax legislation. We will be able to advise you on mitigating the tax liability on your estate, both through tax-efficient strategies in the Will itself, and estate-planning in your lifetime.
What should I do next?
If we have acted for you before, then please contact the person that you last dealt with and they will make the necessary arrangements. Alternatively, please contact us at any of our offices or via our website – www.dynedrewett.com.