Tel: 08444 933669
WHAT WE CAN HELP YOU WITH
Making a new will.
Cancelling your current will.
Making a codicil to your current will.
You can fill in our online form at the bottom of this page to get in contact with us, or alternatively, you can visit our Contact us page and speak to one of our team.
MAKE A NEW WILL
The death of a loved one is not a subject that most people wish to consider. When it comes to the passing of your estate to your family, the easiest way of dealing with matters is often to presume that all your assets and personal belongings will be distributed to your spouse, and/or children.
However, this is not automatically the case, as if you do not have a will in place, then the rules of intestacy will decide who will benefit from your estate. As these rules must be strictly adhered to, the result regularly has an unwelcome outcome for the family of the deceased. Having wills in place is therefore of critical importance.
You may wish to make a new will or update your will in the following cases
If there are changes to the Inheritance Tax rules or other relevant changes in legislation.
If you get married or divorced.
If you sell or transfer anything that you have made a specific gift of in your will.
If you have more children.
If you move outside the UK.
If the person you appointed as a guardian dies, or becomes too ill to look after your children.
If you want to change your executors.
If you change your mind about anything in your will.
In all these circumstances, it is best to make the position absolutely clear with a new will.
CANCELLING YOUR CURRENT WILL
It is imperative that you realise that your will is cancelled automatically:
If you make a subsequent will.
If you get married or enter a civil partnership.
If your will is physically destroyed.
We appreciate that your financial and family circumstances change as time passes, so it is important that you review the terms of your will at regular intervals. We recommend that at least once every 3 to 4 years you carefully consider whether you need to make a new will, or change or update your existing will.
It is also important that you are aware that if you do not provide adequately for your spouse, children and/or dependents, it is possible that claims may be undertaken against your estate. However, you may, of course, safeguard against this prospect and we can advise you of the best way of avoiding the risk of such a claim.
MAKING A CODICIL TO A CURRENT WILL
There are situations in which you might want to keep a previous will, but just make minor changes to it. You can do this by making a codicil.
A codicil is an independent document in its own right:
If you cancel your will at a later date, you will not automatically cancel a related codicil.
New wills must make it clear that it changes the terms of, or cancels, the earlier codicil.
In every will, there should be a clause revoking any previous wills or codicils.
The codicil is subject to the same formal requirements as a will. Common uses of a codicil are:
To change an executor.
To change a specific gift.
To add a beneficiary.
Other minor alterations.
However, if you want to make more fundamental changes to your will, we recommend making a new will.
If you have a joint/mirror will with your spouse, we also recommend making a new will upon your spouse’s passing, if you do not want people to know the contents of your will. This is because the Last Will and Codicil(s) of your spouse becomes a public document once a Grant of Probate has been issued.
Please kindly Contact Us to discuss how our specialist Wills & Probate team can help you.