When you decided to arrange a Will, it is obviously because you were concerned and wanted to ensure that all your affairs are in order the day you rest in eternal peace. Your Will most likely reflected your situation at that time, and chances are you felt a great sense of peace knowing your affairs were settled. However, as days go by, circumstances change, financial situations change, relationships alter, and things that may have been the case when you were making your Will could be very different now.
If your answer to any of the following questions is yes, then consider reviewing your Will with a probate lawyer as soon as possible.
Since you made your Will:
These are just some of the examples of course. However, there could be other changes that might have occurred within your situation and which may necessitate changes to your Will.
The first thing we do is ascertain whether changes in your circumstances necessitate changes to your will.
We offer an initial discussion, free of course so that you can talk us through your existing will and your new situation. From what we discuss, we deliberate your case and see if there is a need for you to meet with one of our Will specialists. Once we’re aware of the changes you want to be amended into your Will, we then give you an idea of how much it will cost you to have it updated – if necessary.
There are two options when it comes to amending a Will. The first option is by way of a legal document known as a Codicil, which states the differences to the original Will, and must be witnessed and signed in the same way as the original Will. The document is then stored together with the original Will. Codicils aren’t always appropriate to some extent – but don’t worry, one of our Will specialists will discuss this with you further before you proceed. It’s also worth noting that since Codicils are stored together with the original Will, the contents of both documents will be seen, and that is something you probably don’t desire.
The other way of making changes to your original Will is by making a New Will. Making a Will, our information guide, details what’s included in our standard Will service. We also offer an array of additional services like the claims against your estate, use of Trusts, how to reduce inheritance tax and estate planning, and so forth and would be glad to discuss the additional fees for these solutions during your appointment.
No. Not if they are the only changes that you need to make. Some of the time, changes like amending the addresses of beneficiaries and other parties named in the Will are quite simple. In such a case, if we are the custodians of your will, all we’ll require of you is to confirm the changes you want in writing, sign the letter, date it and send it to us so we can store the new details with your Will. We do not charge this service.