Reviewing Your Will for the New Year
Reviewing Your Will for the New Year The New Year is always a good time to reflect and look ahead on what you want to achieve this year, as well as looking back on the previous year and what you wish you had done. With this in mind it may well be worth taking the time to review the Will you made in the past or to finally stopping putting off writing one in the first place. It is always worth regularly checking your existing Will to make sure it still meets with your wishes, as the years pass by circumstances can change meaning your Will no longer matches your wishes and should be updated to do so. Some of the most common reasons for reviewing your Will are listed below: Change in Law The Law in respect of Wills, most notably regarding Inheritance Tax, has changed significantly over the last few years. Therefore it is certainly worthwhile checking that your Will leaves your estate in the most tax efficient ...