Does your existing will reflect your present circumstances? If it doesn’t, then you want to consider a Will Review. While doing so, we also highly recommend that you get an experienced solicitor to assist you to make sure you are not doing anything that can void your will. If you are located in Croydon and consider reviewing your will, don’t hesitate to contact the Wills and Probate Department at Alfred James & Co Solicitors LLP.
Now, when you feel the need to update your will due to the change of circumstances in your life, there are two ways you can go about it. You can either consider making a codicil to the existing will or create a new will instead.
If you want to make only a few changes to your will, then making a codicil is a functional choice. A codicil is a legal document that is attached to your original Will. This document states the changes you want to make. Like your original Will, a codicil must be signed and witnessed.
In most cases, it makes more sense to make an entirely new will than a codicil. With a new will you can reduce the possibility of any confusion and misinterpretation that could arise when having an additional document attached to your will.
How exactly you should go about this will depend on the law, so it is important that you consult with a solicitor before taking any step.
You can learn more about will and all important considerations when making your will with our Wills & Probate solicitor in Croydon. We can also provide other services, such as how to use Trusts, Estate Planning, and claims against your estate. Feel free to contact us if you have a query or want to learn more about our services.