Have you reviewed your Will recently?
We recommend that you review your Will every 2-3 years. Changes in the Inheritance Tax rules and also your own personal circumstances make it extremely important to regularly review your Will to ensure that it fits your current circumstances. You will be surprised how much can change in even this apparently short period of time.
Here are some of the changes which could affect your Will:
- Your own marriage or divorce (both or which will have massive implications for your Wills. Indeed marriage usually renders a Will made before the marriage invalid!)
- The death or marriage of a beneficiary
- The divorce of a beneficiary
- Births within the family
- Changes in taxation rules
- The admission of a family member to a care home
- A change in your financial circumstances
- A move to new property
- The acquisition of property overseas
The only way you can legally change a Will is by either:
- making a codicil to the Will,
- making a new Will
If you would like to discuss reviewing your existing Will with us please contact us at your nearest office.
Please note that the initial consultation to review your Will is free of charge. We would of course raise a charge in respect of any revision made to a Will and will be happy to discuss this with you at the review appointment.
If you would like to receive any more information or ask us a question about these or any other matters fill in our Online Form and we will get back to you within 24 hours (Mon-Fri only). If you prefer, you can telephone the appropriate person for your area:
|Ripley office||01773 744 744||Duncan Lyon or Jill Leam|
|Long Eaton office||0115 972 5222||Ellie Wreford or Michael Cobbett|
|Beeston office||0115 922 1591||Sarah Jordan|
|Belper office||01773 821 665||Joanne Fletcher|
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