Keeping your Will up to speed

People's lives change very quickly and it is advisable to review things regularly and making a will afresh if required. Wills should be formally reviewed at least every 5 years and certainly on the happening of any of the following events:-

Making a will or the decision to change an existing will is often triggered by the death of a spouse or close family member.
Divorce or separation is another major reason people consider making a will, to ensure their new wishes are taken care of.
A marriage or remarriage should be an obvious reason for making a will as would be the birth of any children. It is essential when making a will to carefully consider the interests of the children when making provisions for them.
Moving house can also be a time for people to review their will or consider making a will for the first time and surprisingly
starting a new business also prompts people to consider making a will.
A receipt of a windfall or inheritance from a relative is certain to make anyone who had been putting off making a will, think again now that they have obvious assets to leave to their dependants.
Serious illness or redundancy are often life-changing events which trigger the making a will as is retirement.

This is not a comprehensive list of why people consider making a will but it is any change of circumstances seems likely to cause most of us to review our wills or consider making a will for the first time.

I have a blog which highlights the importance of Will writing and covers the reasons as to why one should write a Will. It was stated that over 70% of the UK population do not have a Will, therefore i set out to create a source of information online to assist those that do not have a Will and point the reasons as to why you should write a Will.