
Free Will review
Individual and family circumstances can and do change, so it is sensible to review an existing Will on a regular basis. Also legislation can change and your Will needs to reflect this. At MGM Wills we offer to everybody a free Will review service.
You should review your Will every 5 to 10 years and certainly after any major change in your life. An example is if the executor or guardian named in your Will dies. Below are further examples of events that should trigger a review of your Will.
Life changing events include
- Divorce/separation
- Marriage
- Birth of new child/grandchild
- Changes in your financial situation
- Changes in funeral wishes
- Retirement
- Moving home
A Will review can check that your existing Will protects your beneficiaries from
- Inheritance tax
- Selling your home to pay for long term care costs
- Divorce settlements
- Creditors/bankruptcy
At MGM Wills and Estate Planning we can offer you guidance and advice as to whether your will needs updating.
