When should I make a will?

When should I make a Will?

Well the quick answer is, now! Basically it is never too soon.

Making a Will is particularly important if you are anticipating marriage or a civil Wpartnership, having a child, getting divorced or remarried. Also, buying a property or having assets or investments that you would like to decide in advance who gets what.

In England and Wales, your will becomes invalid when you become married or enter into a civil partnership, unless the Will clearly stated that it was written in anticipation of you marrying or entering into a civil partnership with a named person. You can make a will immediately online by clicking here, www.tenminutewill.co.uk This is certainly the best online will making site. If you would like to obtain a free booklet on making a will click Will Drafters.

If you become divorced then your former spouse or civil partner, if included in your Will, would be treated as having died before. Therefore, if your previous Will said that everything was to go to your spouse but if he/she died before you then everything was to go to your children. Now you are divorced, your former spouse will be ignored (treated as having predeceased you) and, in this example, everything will go to your children.

Every five years you should review your Will. Changes that should trigger a review of your Will include any changes in your financial, marital or emotional circumstances. Your family and friendships can change and your Will ought to reflect these changes.

You can either draw up a new Will or add clauses to your existing Will through a codicil. Drawing up a new Will is more advisable and may be no more expensive. If you draw up a new Will you will need to destroy the old one so as to avoid confusion in the future.

With Will Drafters, should you choose the more comprehensive WillPlus service then any future changes to your Will are completely free of charge. And each time a totally new Will is written for you. This thereby avoids the need for a separate and sometimes contentious codicil.