Why Keeping Your Will Up to Date is Important
In England and Wales, having an up-to-date will is crucial to ensure that your assets are distributed according to your wishes after you pass away. Without a valid will, the law will determine how your estate is divided, which may not align with your intentions.
It is recommended to review and update your will every few years, especially after significant life events such as marriage, divorce, the birth of a child, or the purchase of a new property. By keeping your will current, you can ensure that your loved ones are provided for and that your assets are distributed as you desire.
For those looking for added protection and flexibility in their estate planning, a trust will may be a suitable option. Trust wills offer increased asset protection, particularly in scenarios where you want to safeguard your estate against care home fees, provide for children from previous relationships, or support vulnerable individuals.
Co-op Legal Services provides a range of will writing and estate planning options, including trust wills starting from £399. To make a will with Co-op Legal Services, you must be over 18, reside in England or Wales, be able to read and understand English, and confirm your information over the phone and in writing.
If you are unsure about making a will or require urgent assistance, you can contact Co-op Legal Services at 0800 096 7595 for guidance. Keeping your will up to date and considering options like trust wills can help protect your assets and ensure your wishes are carried out effectively.