Although the number of people making a Will is rising, many of them forget to keep it up to date. Your Will does not expire, but your wishes and circumstances might change, therefore it is important to remember to review and update it every five years, or beforehand if you have experienced a major life change – e.g. a marriage, divorce, a new birth, or a death in your family.
Check that your Will currently reflects what you want it to say and do, and make sure you find out if there have been any changes to the law which might affect your Will, especially with regards to inheritance tax and trusts. If you don’t, you could find your family and loved ones end up in an even worse position than if you did not have one altogether.
Some things to consider: