Reviewing and updating your Will is often pushed down the priorities list for most people. The problem is, your Will is made at a single point in time and if not reviewed regularly then it may not reflect your current situation or values.
Life rarely stays the same, and therefore by not updating your Will you run the risk of your wishes not being carried out in the way you would want them to and possibly creating a lot of heartache for the people that you love after you pass away.
To help you decide if it’s time to update your Will, here is some questions to consider:
• Have you married/separated/divorced?
• Do you need to re think your Powers of Attorney?
• Have you had children or have your children turned 18?
• Have your assets changed significantly?
• Is your Will set up in a way that best delivers your assets to your beneficiaries?
It’s probably not something you’re going to get to before the end of the year, but you can get a head start on next year by putting a time in the diary for February. Email email@example.com today to set up a time to discuss your estate planning needs.