Creating a Will is crucial to ensuring your wishes are upheld and your family is provided for when you pass away. Usually, there is a significant period of time between creating a Will and your estate being passed on, which means that circumstances can change and life events can occur which can alter its validity or mean that you need to update it.
In this blog, Kacy Porter, trainee solicitor, outlines six events which could impact your Will and highlights the importance of reviewing it regularly to ensure it continues to reflect your current wishes.
Getting married or entering a civil partnership
In England, Wales and Northern Ireland, getting married automatically invalidates any Will that you may have previously made. The only exception to this is if your Will was explicitly made in contemplation of the marriage.
Whilst it may not be a top priority for newlyweds, it is advisable to create a new Will as soon as possible after marriage to ensure your new wishes are in writing. Alternatively, engaged couples can make a Will in contemplation of marriage, so that it does not become void and there is no time period in which their wishes are not protected.
If you do not create a new Will, the original beneficiaries (individuals due to receive gifts) could be left with nothing if you pass away. The law will decide who inherits your estate under intestacy rules.
Divorce or dissolution of marriage
Whilst divorce does not fully revoke your Will, it does invalidate any gifts to your former spouse – they will no longer be able to benefit from your Will or act as an executor or trustee. This means that if your spouse was the sole beneficiary named in your Will, they will be treated as though they have died and the law will decide how the estate is distributed.
It’s important to note that a separation does not have the same impact on a Will as a divorce. If you are separated, your spouse is still entitled to inherit whatever is detailed in your existing Will.
As a result, updating your Will following either a divorce or separation is crucial to ensuring that your estate is passed on to the right people.
Death of a beneficiary or executor
Following the loss of a loved one, updating your Will is unlikely to be front of mind. However, if this loved one was a beneficiary and/or executor of your Will, you will need to make changes to ensure your wishes are upheld. If an executor passes away before you, you can appoint a new executor and update your existing Will accordingly. You can appoint up to four executors in your Will and it is a good idea to have more than one, should this circumstance arise. If you were to die without an executor, your estate would go through probate.
Should a beneficiary pass away, their gift usually becomes void and their share is redistributed to the remaining beneficiaries. You can update your Will to redirect the share, or you can leave instructions within it (a substitution clause) to say where you would like the gift to go in the event that a beneficiary dies. If a child dies before receiving the inheritance left to them by their parent, it may be passed on to the child’s surviving children.
Moving abroad or owning overseas assets
Different countries have different laws, meaning that a Will made in the UK may not be valid overseas. If you move abroad or purchase a property in a different country, you may need separate Wills to protect your assets in multiple jurisdictions. For example, in some countries, there are heirship laws which require you to leave a percentage of your assets to protected heirs, such as your spouse or children. A UK Will may not align with these rules, causing issues if you would like to distribute your assets to others.
Whether your Will is valid overseas depends on a variety of factors, including the laws and inheritance rules of specific countries, meaning that specialist legal advice is required to ensure all assets are covered.
Birth of a child or grandchild
The arrival of a new addition to the family is the perfect opportunity to review your Will. Although a child or grandchild won’t have any automatic impact on your Will, you may wish to add them as a beneficiary or reconsider how your assets will be divided now that there is another family member to consider. You can also nominate who you would like to care for your child or children in the event of your passing, by appointing a guardian who is named in the Will.
Change in financial circumstances
Whilst a change in wealth will not invalidate your Will, a significant boost from inheritance, selling a business or winning the lottery does warrant a review of what your beneficiaries will receive. There may also be inheritance tax implementations associated with the increased estate value, prompting a review of tax planning strategies.
On the other hand, if your level of wealth reduces, or you sell an asset which you intended to gift to a beneficiary, these changes will need to be reflected in an updated Will.
Protecting your wishes
Amidst significant life events like marriage, divorce or the loss of a loved one, reviewing and updating your Will can easily be forgotten. However, these changes can have a significant impact on whether or not your wishes are upheld when you pass away. Taking the time to ensure your Will evolves with you means that your loved ones will receive what you wish them to when the time comes.
We recommend reviewing your Will at least every five years, or in the wake of any big life milestones or changes, providing you with peace of mind that it accurately reflects your current wishes.
At Hill and Company, we’re the law firm for life. Our team understand that circumstances change and your Will should change with them. If you’d like help with a new Will, updating an existing one, or you’d simply like some advice, get in touch with our experts today.














