MYTH

“I HAVE WRITTEN A WILL YEARS AGO AND DO NOT NEED TO THINK ABOUT IT AGAIN”

VS

FACT

If you have a Will in place, you’ve already taken an excellent positive step to ensure that your wishes are carried out in the event of your death.

But there are certain circumstances that can, over time, mean a Will, perfectly drafted at the time, can cease to adequately cover your intentions. 

Revisiting and updating your will at regular intervals, particularly following major life events or changes of circumstances, is generally considered good practice in order to ensure your wishes are accurately reflected and that any changes in your circumstances or preferences are accounted for.

  1. Changes in family or personal circumstances: Births, deaths, marriages, divorces, and other significant events within your family can affect how you want your assets to be distributed.
  2. Changes in financial situation: Your financial situation may evolve over time. Acquiring new assets, selling properties, starting a business, or investing in different ventures can all impact your estate planning.
  3. Changes in laws and regulations: Laws regarding estate planning, taxes, and inheritance can change over time.
  4. Changes in relationships or beneficiaries: Your relationships with individuals named in your will may change over time.

HOW CAN WR HELP

We would strongly advise anybody who doesn’t have a Will in place to consider doing so. It is the only way to ensure that your wishes are carried out in the event of your death.

We would also encourage everybody to review their Will every 3 years, or following any major life event or change in circumstance. This enables you to ensure that the Will still meets your intentions.

Should you identify anything you need to amend, or would simply like to review the provision you have made to ensure it still meets your needs, our team are able to assist and guide you through the process making it as painless and worry free as possible, and at an affordable price.

WE'VE GOT YOUR BACK!

If you need assistance, more advice on the above or support with any other legal issue, We've Got Your Back

If you have an enquiry, Call us on 01254 67 22 22, email enquiries@watsonramsbottom.com, talk to us via live chat or complete our contact form and one of our experts will contact you.

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