It is important for you to make a will whether or not you consider you have many possessions or much money for the following reasons:-

  • If you die without a will, there are certain rules which dictate how the money, property or possessions should be allocated. This may not be the way that you would have wished your money and possessions to be distributed
  • Unmarried partners and partners who have not registered a civil partnership cannot inherit from each other unless there is a will, so the death of one partner may create serious financial problems for the remaining partner
  • If you have children, you will need to make a will so that arrangements for the children can be made if either one or both parents die
  • It may be possible to reduce the amount of tax payable on the inheritance if advice is taken in advance and a will is made
  • If your circumstances have changed, it is important that you make a will to ensure that your money and possessions are distributed according to your wishes. For example, if you have separated and your ex-partner now lives with someone else, you may want to change your will.


Your will is a living document. Although a will’s intent is to provide for what happens to your estate after you have died, your will needs to change as your life changes.

The following are some of the reasons why you may need to change your will:-

AFTER A MARRIAGE. You need to include your new spouse in your estate plan, and if you didn’t have a contemplation of marriage clause in your will, your will is now invalid.

AFTER YOU EXPERIENCE A SIGNIFICANT CHANGE IN YOUR ESTATE’S VALUE. For example, your stock holdings may go way up (or way down!).

AFTER A DIVORCE. You most likely want to change what you planned to leave to your ex-spouse.

AFTER YOUR SPOUSE’S DEATH. If you left a significant portion of your estate to your spouse in your will, you need to update your will.

AFTER THE DEATH OF ONE OF YOUR HEIRS OR DEPENDENTS. If an heir dies before you do, you need to update your will to reflect a new recipient.

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On behalf of APS Legal & Associates Ltd, Head office: Worksop Turbine Innovation Centre, Shireoaks Triangle Business Park, Coach Close, Worksop, Nottinghamshire, S81 8AP

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