When last did you update your Will? If you have recently got divorced, did you know that in the first 3 months after the divorce, the State will regard your ex-spouse as having deceased and they will not benefit. However, after this period if you have not changed your Will, the State regards this as you making a decision to purposefully retain your ex-spouse as your beneficiary. In the throes of a divorce, we don't often think about our Wills. So if this has slipped your mind, give us a call to update your Will. Particularly if you have remarried, and want to change your beneficiaries.
Also, if you have had more children, or your beneficiaries have changed in any way, this is the time to update your Will.
Generally, you should not need to update your Will as and when your assets change. Your Will should, in most cases, be simple and adaptable so that you can buy and sell assets without having to go and change your Will every time.
If you would like to discuss any changes to your Will, or would like to update your existing Will, please feel free to contact us at 021-5511741 or 0732172644.