This week is Update Your Will Week (4th – 10th March), an annual campaign hosted by The Association of Lifetime Lawyers.
It aims to raise awareness around the risks of not having an up to date will and encourages people to update their will to ensure their wishes are carried out when they die.
Why is it important to have an up to date will?
Having an up to date, well-drafted will is crucial to ensure your wishes are carried out in the way you’d like when you die. Knowing you’ve chosen what you want to happen can also help ease distress for loved ones left behind and minimise potential disputes.
If you die without a will, any assets that belonged to you must be distributed according to the strict rules of intestacy – which may not be how you expect or would want your estate to be shared.
It’s never too early to make your will, as long as you’re over the age of 18 years old.
How often should I update my will?
We recommend that wills are reviewed and updated every five years, or when a major change occurs that impacts you or your loved ones. For example, a marriage, divorce, a new birth, or a death in your family.
What should I do if I want to make changes to an existing will or create a new will?
It’s important to speak to an experienced legal professional, such as an Accredited Lifetime Lawyer, as they’ll be able to advise on your unique, individual circumstances.
Our lawyers Lucy Butcher and Penny Wright are Lifetime Lawyers and give specialist, tailored support and advice. They do this with extra care, empathy, and attention.
They’re one of the most qualified lawyers in the country in this area of the law and are committed to finding the best outcome for you. Taking the necessary time to listen to what you need and supporting you to make your own legal decisions.
Don’t leave it too late – make sure your wishes are laid out for the future.
If you’re looking to update or make a will, get in touch with the team.