A will does not become binding until the person who makes it dies. Until that
point the person making the will is not bound at all and can change their mind
as often as they like by making a new will.
For guidance on what makes a valid will, see How do I make sure my Will is
As always, we’ll be on hand to give you guidance and checklists every step of
the way, so if you have any questions, you only have to ask.
If for whatever reason at any time you choose to cancel or revoke your Will this
can be done in one of two principal ways:
1. By destroying it.
2. By making a new one, which expressly revokes any previous Wills.
Destroying all previous Wills
Simply gather together all signed copies of your Will including those securely
stored elsewhere and destroy them for example by tearing them up, shredding them
or burning them. Alternatively you can get someone else to destroy them in your
Just because you have a will it doesn’t mean everyone’s going to be happy with
its contents when you die. Whilst everything might be very amicable now, start
talking inheritance and those you care about might not completely agree with
what your final wishes are, either through resentment or simply through not
understanding your Will’s contents.
A person can’t contest a will just because they’re unhappy with what it says.
Sometimes wills are challenged in court on the basis that they are not le
Inheritance Tax (IHT) is a tax levied on a deceased’s estate. The estate is,
with a few exceptions, everything the deceased owns immediately before death.
Normally the tax is charged at 40% of the value of the estate. However there are
lots of exemptions that mean currently only about 1 in 20 estates pay any IHT.
We explain these exemptions below.
Leaving all or part of your estate to your husband, wife or civil partner
The good news is that any gifts made in your will to your spouse or civil
Your will must be witnessed for it to be valid. So one of the most important
steps in completing your will is to have it witnessed correctly.
For a full description of the witnessing procedure see how to make sure your
will is legal [https://www.gov.uk/make-will/make-sure-your-will-is-legal].
There are no particular rules around who can (and can’t) witness your will,
other than they must be must be capable of understanding what they are doing.
However, if a beneficiary of the w
If you have documented your wishes that are to be carried out after your death
in the form of a will, you will need to review it periodically.
Having your estate and finances distributed to people of your choosing can be
handled legally by way of a will. However if your circumstances change you may
want to alter things like beneficiaries or change assets that are bequeathed to
a specific person.
Life brings about many changes and there are a number of instances where you may
need to amend your Read More »
In the eventuality that the unthinkable happens, you will need a will to make
provision for your partner or spouse. This will not only ensure that they are
financially provided for, it will saves months of painful legal process and
potential disagreements with other relatives.
Making a will is not always on the forefront of everyone's mind especially when
daily living, work, and other things take over. However, it is a sound part of
your overall financial planning.
If you happen to die befor Read More »
Traditionally, the way to write a will and get your affairs in order has been to
engage the services of a solicitor. Having expert help to walk you through the
legal steps required gives a level of comfort and security when it comes to
making plans for your estate.
It also comes at a price.
Using a solicitor to document how you want your finances and assets managed in
the event of your passing does not come cheap. It can also take more than one
appointment which can rack up the cost.
An onl Read More »
You may have thought once or twice about preparing your will. It is one of those
tasks that is easily put off, but it is essential to protect your family, your
estate, and convey your wishes legally and effectively.
However, like many others you may have delayed writing your will for any number
It can be time consuming
It can be stressful or unpleasant
It can be expensive
To draft a will in the traditional manner you will need to book an appointment
with a solicitor, sort out Read More »
Now the hangover has passed and we are back into daily routine here are three
simple things you should sort out in the New Year to keep your AFFairs In Order
(thats the origin of the affio name).
1. Write your Will – it should take between half an hour and an hour to do on
affio. Print it, sign it in front of witnesses and put it somewhere safe.
Tell someone you trust where your Will is! Wills are much simpler than
people realise and it is better to have something and come back lat Read More »