When was the last time you updated your Will?
As the summer holidays come to a close and life returns to its regular pace, now is an ideal time to think about your future. Whether you've been busy with family holidays, or simply enjoying some time away from work, it's easy to overlook important matters like updating or creating a Will.
Why it’s important:
- Protect your loved ones: A well-crafted and up-to-date Will provides peace of mind, ensuring that your loved ones are cared for in the way you intend.
- Avoid uncertainty: Without a Will, your estate might not be distributed according to your wishes, leading to potential disputes and stress for your family.
- Life changes: Summer often brings new experiences — perhaps you've made a significant purchase, welcomed a new family member, or seen changes in your relationships. Your Will should reflect these changes to ensure your wishes are honoured.
If you don't have a Will:
Creating a Will is one of the most important things you can do to protect your family’s future. It’s not as daunting as it might seem, and we’re here to guide you through every step. Without one you are leaving it to the law to decide what happens to your estate (your property, money and possessions) when you die, and this may not be in line with your wishes.
If you already have a Will:
It's crucial to review and update your Will regularly. If your circumstances have changed, perhaps through marriage or divorce, birth or adoption, make sure your Will is updated too as this does not happen automatically. Even if nothing major has changed in your personal life, it's worth ensuring your current Will still accurately reflects your wishes. Also, laws and regulations surrounding Wills and estate planning can change, impacting how your Will is interpreted and executed.
At Ness Gallagher we have unfortunately seen what can happen when someone dies without a Will or neglects to update their Will, and the consequences their family and loved ones have then had to face at an already distressing time.
Now is an ideal time to get your affairs in order. Contact us today to arrange an appointment, and let us help you ensure that your Will is up-to-date or assist you in creating one that perfectly suits your needs.