Major life events such as births, deaths, divorce or the coming-of-age of loved ones, are all potential reasons to review your Will.
It is even more important to do so if your personal financial circumstances have changed which may result in your estate not being distributed as you would like.
To make sure your existing Will reflects these changes, still complies with your wishes and takes advantage of the latest position in terms of tax, we follow The Law Society’s recommendation for reviewing your Will every five years.
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FAQs
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When should I review my Will?
The Law Society recommends that a Will is reviewed at least every five years or after any “major life change” such as a divorce, having children / grandchildren or receiving an inheritance.
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What happens if my Will is out of date?
A will “speaks from death”. If your circumstances significantly differ at the date of your death as opposed to when the Will was originally made, there could be problems in dealing with your estate and your beneficiaries may not get what you intended.
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I have been a client of Actons since 1997; conveyancing on 2 occasions and Wills and Powers of Attorney, all of which went very smoothly. The people I have met since that time have always been well-mannered, kind and courteous and very knowledgeable. I would not hesitate to use Actons again should occasion arise.Mr Simpson
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"Met Actons through Maggie's Centre in a November Wills month. Which made my mind up once I had the initial meeting - especially their professionalism."Philip Treacy
"Actons ‘provides excellent comprehensive service with a personal touch’. The ‘very professional and trustworthy’ team advises on the full range of will, trusts and probate work, often collaborating with the firm’s corporate and commercial departments to better service owner-managed and family businesses."The Legal 500 2018 (Personal Tax, Trusts & Probate)