Making a will allows you to set out your wishes for the distribution of your property and assets after death and it should be drafted to reflect your current circumstances.
If you don’t have a will, your estate could end up in the wrong hands. Please see overleaf for the current default position if you die intestate (without a will) (‘rules of intestacy’).
When making a will, it’s important to get professional advice regarding:
A well-drafted will can mitigate against the risks associated with these issues and will ensure your assets pass on in accordance with your wishes.
Life is ever-changing. Here are key times when you should review your existing will:
Life milestones such as marriage, divorce, the birth or adoption of children, or the death of a beneficiary or executor.
Financial changes such as receiving a large inheritance, buying or selling property, or starting a business
Moving to a different country.
Changes in relationships with beneficiaries or significant individuals in your life
Regular reviews ensure your will is fit for purpose, providing peace of mind for you and your loved ones.
Tuesday, January 21, 2025
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