A Will is one of those legal documents that you could simply file away and forget about. But if it’s to do its job properly, it must be up-to-date. Keeping your Will relevant as time goes by is really important.
We recommend reviewing your Will every few years to make sure that it's up-to-date. It is essential that your Will reflects your current wishes. Personal circumstances can and do change in quite a short space of time, so your Will should be changed accordingly.
Reviewing your Will is particularly important when a significant life event happens. A new house, a marriage or the birth of a new child, for example. These things can significantly alter the shape of your estate and you should make sure your Will is keeping up. It’s a simple case of popping in to see us and letting us know what's new.
Remember too, that changes of government policies, new laws and major events such as Brexit can have a huge impact on your position. We’ll advise you on any changes that you should think about making to your Will as a result of changes in regulatory and legal areas. It really can be very straightforward to make some simple amendments.
At the end of the day, we know that if you've gone to the time, cost and effort of making a Will in the first place, keeping it right up to date will give you the peace of mind you deserve.
Our Will writing solicitors in Oxford or Wallingford can make reviewing your Will as simple and stress-free as possible. We can advise you on all of the issues you need to consider to ensure your Will is up-to-date and that your estate and loved ones are in safe hands.
If you've made a Will already, either with Hedges Law or another solicitor, or if perhaps you've drawn up your own, please let us know if you'd like us to take a look at it for you.
You can call our Wills team on 01491 839839 or email email@example.com.
Our Will writing services
We tailor our Will writing services to your needs, so can provide the exact advice and support you need to get an up-to-date Will that takes account of your circumstances.
Fixed-fee Will writing
For straightforward Wills, we can typically offer a fixed-fee Will writing service. This means we agree a price upfront for updating your Will. This service is aimed at those with relatively straightforward estates and personal circumstances.
If you have a more complex or high value estate or complicated issues that need to be accounted for, it may not be possible for us to agree a fixed price upfront. In such cases, we will usually agree an hourly rate and ensure you always know what work is being carried out so can keep control of the cost of your Will.
Couples sometimes create ‘mirror Wills’ which are identical, except for the details of the respective partner’s identities. For example, a wife may leave her entire estate to her husband and the husband to the wife. This is often less expensive than creating two separate Wills, but can create other issues, so it is important to take expert advice before deciding to create mirror Wills.
Common questions about reviewing your Will
When should you review your Will?
There are various life events that you will normally need to account for in your Will, making an update necessary, including:
- Getting married
- Getting divorced
- Having children
- Receiving an inheritance
- Starting a business
- Acquiring significant assets
- Buying a property
- Moving in with an unmarried partner
- If your spouse predeceases you
What happens if your Will is out-of-date when you die?
If you have married or had children since making your Will, they will not automatically be entitled to any of your estate if you have a Will that does not include them. You should also note that marriage may revoke your will and it important to review your will in these circumstances.
Any dependants not included in your Will or under the intestacy rules may be able to make a claim under the Inheritance (Provision for Family and Dependants) Act 1975. However, this can be time consuming and expensive, with the potential to cause unnecessary conflict, so it is essential to update your Will to avoid these kinds of situations.
How much does it cost to update your Will?
The cost of updating your Will depends on the circumstances, including how complex your estate is and any specific issues you may need addressed. We are usually able to offer a fixed-fee Will writing service for straightforward Wills, while more complicated issues may need to be dealt with on the basis of a pre-agreed hourly rate.
Please get in touch to find out more about the cost of making a Will.
Why choose Hedges Law for reviewing your Will?
Our Will writing solicitors have many years of experience helping people to get the right Will in place for their circumstances. We can help clear up any uncertainty over your legal position and that of your loved ones when it comes to inheritance issues, giving you complete peace of mind that everything has been properly planned for.
We can also offer the expert knowledge and skills of our Family Law team, who can advise on issues such as pre-nuptial and post-nuptial agreements, divorce and other family law matters which could affect your estate and loved ones.
With two local offices in Oxford and Wallingford, we offer a highly convenient Will writing service for people in Oxfordshire, Berkshire and the surrounding area, while our leading expertise also makes us a popular choice with clients from further afield.
Hedges Law is independently regulated by the Solicitors Regulation Authority (SRA).