26 Nov Why do you need to review your Will?
Does your current Will reflect your current situation?”
Legal Tip: If you already have a Will, is it up-to-date? Does it reflect your current situation? Your financial or personal circumstances may have changed since you signed it.
If you don’t have a Will yet, or need to update a previous Will, you should get one drafted.
A Will needs both an executor and a trustee. An executor obtains probate of your will from the court (when required) and the trustee carries out your wishes as set out in your Will when you die.
Whilst it is good practice to review your Will on a regular basis it is important to definitely review your will whenever you have a big life change like the birth of a child or separation. In this legal article, Ian Mellett of Auckland Law Firm, Quay Law discusses the importance of regularly reviewing and updating your Will, which is a very important document that formally sets out how your assets are to be dealt with upon your death.
Don’t delay – contact an experienced Auckland lawyer at Quay Law. Whether you need us to update your will or draft your first will our experienced team of lawyers are able to guide you through this process. This legal tip is shared by our Auckland law firm team.Your Will is law - Legal article