Frequently Asked Questions About Wills

Below, we’ve compiled some of our client’s most frequently asked questions about wills to help you understand why they are crucial for ensuring your wishes are honoured after you pass away.

Frequently Asked Questions About Wills

Why should I make a will?

Making a will gives you control and certainty over how your estate will be distributed after your death and means you avoid the intestacy rules (these govern how your estate will be distributed if you don’t have a will).

What is an executor?

The executor(s) of a will are the people who are legally responsible for handling your estate when you die. This includes dealing with all of your assets and debts, and distributing your estate in accordance with the wishes in your will. It is normal to appoint someone you trust and who is capable of managing the process.

How do I ensure my children are looked after when I pass away?

You can appoint someone in your will as a guardian who will step in if you were the sole surviving parent of any children under the age of 18 at the time of your death.

Can I update my will?

Yes, as long as you have testamentary capacity.

How often should I review my will?

It is a good idea to review your will after a big life change. This could be events such as getting married, getting divorced, having a child, when a beneficiary dies or when your children reach 18 and no longer need guardians.

Do you need to amend your will when moving house?

No, you do not need to amend your will if you move house and have a different address. Your will is still valid even if you no longer live at the address stated on your will.

Are Lasting Powers of Attorney the same as a will?

No, LPAs are separate to a will.

An LPA is a legal document that allows you to appoint someone you trust to manage your affairs throughout your lifetime and when you no longer have capacity to manage them yourself. There are two different types of LPAs; property and finance, and health and welfare. You must have capacity to set up an LPA and unless revoked, they remain valid until you die.

When is my will valid?

Your will is valid as soon as you have signed it, as long as it has been properly executed.

What happens to my will after I’ve made it?

It is your choice where and how you keep your will however we typically keep the original will in our will safe and give our clients a copy to take home. It is a good idea to let your executors know where your will is stored should they need to access it.

Contact GoodLaw Solicitors

If you have any further questions or need personalised advice on creating or updating your will, don't hesitate to contact us at GoodLaw Solicitors.

Our experienced team of wills and estate planning solicitors is here to provide you with the support and guidance you need to navigate these important decisions.

By Published On: May 1st, 2024Categories: Resources

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