Updating or changing your will
Once you’ve written your will, it’s important to keep it updated. Not only will this give peace of mind to you and your loved ones, but it will also ensure that the government doesn’t decide how your assets are distributed.
It is important to keep your will up-to-date to ensure it reflects your current wishes and circumstances. You should ideally review your will every time a life event occurs, examples include if you:
- Leaving a gift in your will is a big decision, so please decide in your own time. You and your loved ones are always welcome to come and see how your gift will help our children, young people and their families. Just contact us and we’ll arrange your visit.
- Get divorced
- Have children
- Have bought a new property or recently obtained an expensive asset
- Have a change in your financial circumstances
Major changes might require a completely new will. However, minor additions such as leaving a gift to Rainbows can be made using a separate document called a codicil. Please click here for a simple codicil which you can take to your solicitor.
Want to change your will?
Download our codicil form by clicking here.
A will is an important legal document and unless you have the necessary expertise it is very easy for complications to arise at a later date. We therefore recommend that you contact a solicitor or professional advisor who can draw up the document according to your wishes - and there are many firms of solicitors who can help you compose or amend your will. A professional advisor will ensure not only that your estate is distributed as you would wish, but also that you have minimised your taxable contribution, leaving more for family, friends and good causes.
At Rainbows we do not recommend a particular firm of solicitors but, for people wishing to choose a solicitor, we do recommend contacting The Law Society. This impartial, independent organisation operates a free ‘Find a Solicitor’ service, which can be contacted using the following details: