You need to keep your will regularly updated and ensure that it reflects your latest circumstance and wishes. Remember if it’s not written down then your executor will only be able to carry out the instructions in your last will.
Circumstances do change: some of your original beneficiaries may die; you may choose to leave something to new arrivals such as a child or grandchild; you might buy new property since you last updated your will; you may get married or divorced; or one of your executors may have dies or you wish to change who it is.
Changes that are minor can be inserted as additional paragraphs to your existing will, which are known as codicils. These must be witnessed in the same way as your original will. That said, it is preferable to draw up a new will especially if major circumstance change, like a marriage or divorce.
We recommend you revisit your will every 5 to 10 years, to make sure it continues to reflect your latest wishes
Once you have made or updated the will, it is a good idea to give copies to your executors, and your next of kin, perhaps. Store the original in a safe place but where it can be easily found. If you employed a solicitor they will most likely keep it their vault. You can even store it at your bank or lodged with the National Will Registry or the Will Registry Office.
Who’s in charge when I die
Your next of kin and your executor(s) are in charge when you die. If you have no will or no close relatives there can sometimes be complications.
Should I make a will
By making a Will you will ensure that your assets, no matter how small, are distributed in line with your wishes.
Making a Will
A will sets out how your estate (your assets) should be distributed, and names an executor(s) to take care of this task. A will is only valid if your signature has been witnessed by 2 adults who are not beneficiaries of the will in anyway.
Using a Solicitor
It is a good idea to ask a professional for help when you are writing your will, and it is not very expensive to hire someone for this task. You will receive help putting together a will that is free of confusion, and will most clearly reflect what you desire.
