That’s why it’s so important to review your Will regularly, to ensure it still reflects your wishes and protects the people who matter most.
When Should You Update Your Will?
You should consider reviewing your Will if any of the following apply:
- You’ve married, divorced, or entered a new relationship
- You’ve had children or grandchildren
- Someone named in your Will has passed away
- You’ve bought or sold property or other significant assets
- You want to change your Executors, Guardians or Beneficiaries
Even if nothing major has changed, it’s still recommended to review your will every 5 years to ensure it remains tax-efficient and in line with current legislation. [1] [2]
The Risk of Doing Nothing
If your Will is outdated and no longer reflects your current wishes or circumstances, your estate could be distributed in ways you didn’t intend, potentially leaving loved ones exposed to unnecessary delays, tax liabilities or even disputes.
For example:
- An outdated Will may leave everything to a former partner
- A lack of provision for new children or grandchildren could create family tensions
- Poorly drafted clauses might trigger unnecessary Inheritance Tax (IHT) [3]
How We Can Help
At Brunsdon Financial, we work with clients to create clear, comprehensive and up-to-date Wills that give peace of mind for the future.
We can also help you:
- Make your Will more tax-efficient
- Ensure it covers digital assets, business interests, or foreign property
- Appoint guardians for children
- Include specific gifts or charitable legacies
We’ll guide you through the process clearly and simply, making it as stress-free as possible.
Time for a Review?
If you’re unsure whether your Will still reflects your wishes, or if you haven’t made one yet, now is a great time to act.
Contact your Estate Planning adviser at Brunsdon Financial to arrange a no-obligation Will review.
We’ll help ensure your affairs are in order, and your loved ones are protected.
