Complementary 30-minute will review
JE Bennett Law are running an offer to run alongside its new office opening which is a free 30-minute Will review. The offer is valid until 31/03/2026. More information and terms and conditions can be found here: jebennettlaw.co.uk/will-review
You may be one of the estimated 50% of the population that don’t have a Will. If so, we strongly suggest that you get one, and would be very happy to assist you, should you require us to do so. But what about those of you who have a Will? Is that ‘job done’ for life?
Sadly the answer is most likely not. The government recommends you review your Will every 5 years and after any major change in your life. Some might seem obvious, like getting separated or divorced. But there are numerous other reasons. You may believe that getting married automatically means everything is passed on to your spouse… but it doesn’t. However, getting married does cancel any Will you made before, so you absolutely should look at making a new Will after marriage. Having children, or grandchildren, is another very good reason to review your Will, but less obvious reasons include moving home, especially if you relocate to a country with different tax laws, or if the executor of your Will or named beneficiaries die.
There are also changes in your own financial circumstances that need reflecting in your Will, this might be increases or decreases in your assets. Changes to tax rules, especially those around inheritance tax are another reason.
So, how do you go about changing your Will? There are two options. Create a new Will that revokes the previous one. Or make a Codicil, this is a legal document that amends an existing Will and is most suited to minor changes. We strongly advise against making a Will or Codicil without legal advice.
To celebrate the launch of our new office at 27 The Pantiles, we’re offering a free 30 minute Will review where we can advise on whether your Will needs updating and the best approach to do so. The offer runs until the 31/03/2026.
