The start of a new year is the perfect time to take stock of your personal and financial affairs. Lots of people review their goals and set New Year’s resolutions, yet most give up on these by the 10th January. As 2025 begins, it’s worth reviewing whether you need a new Will—whether that means creating your very first Will or updating an existing Will to reflect changes in your life. At APT Legal, we understand that any aspect of estate planning can feel overwhelming, but our dedicated team is here to guide you every step of the way.

Why a ‘New’ Will Is Not Always Your First Will

A ‘new Will’ does not have to be your first Will. Your circumstances can evolve over time, and your Will must keep pace with these changes. Significant events such as marriage, civil partnership, divorce, the birth or adoption of children, a new home purchase, or a substantial shift in your financial situation can all prompt the need for a new Will. Instead of adding multiple amendments to an older Will—known as codicils—it can sometimes be simpler and clearer to write a fresh Will that captures your most up-to-date wishes.

When Might You Need to Update Your Will?

While everyone’s situation is different, the following life changes often trigger a need to review or update your Will:

• Marriage or Civil Partnership: You may not know this but marriage revokes a Will. It’s not uncommon, particularly in second marriages, that you don’t want your new spouse to inherit and instead, you’d like your children to benefit. A new marriage or civil partnership generally revokes any earlier Will unless specific wording states otherwise. If you’d like advice on this, let me know.
• Divorce or Separation: If your relationship breaks down, you may need to remove or change the provisions made for your former spouse or partner. Divorce normally treats your ex-spouse as though they’d pre-deceased you.
• Children or Grandchildren: The birth or adoption of a child or grandchild can prompt you to review guardianship arrangements and inheritance decisions.
• Property Transactions: Buying or selling property can change the value of your estate. You may also want to protect property or a share in a property for the benefit of specific people.
• New Business Interests: If you become involved in a business—whether starting a new venture or investing in one—you may need to update your Will to reflect your stake.
• Inheritance or Large Gifts: Receiving a significant sum of money or gifting assets can also warrant a Will update.

Review Your Will Every 3–5 Years

Even if there are no major changes in your life, we recommend reviewing your Will every three to five years to ensure it remains accurate and valid. Legislation and tax rules can change over time, and it’s best to keep your Will current with the latest developments and your personal circumstances.

What Is a Codicil?

A codicil is a legal addendum or supplement to an existing Will. It allows you to make minor amendments—such as changing executors or updating a beneficiary’s name—without having to rewrite the entire Will. However, codicils can sometimes create confusion if there are multiple alterations or if the changes are significant. In these cases, drafting an entirely new Will is often the clearer solution.

Potential Pitfalls of Using a Codicil

• Complexity: Multiple codicils can become complicated to interpret.
• Inadvertent Contradictions: There is a higher risk of inconsistencies or contradictions between the original Will and its codicils.
• Risk of Disputes: Confusion arising from codicils can lead to disagreements among beneficiaries.

Free Consultations and Transparent Fees at APT Legal

At APT Legal, our initial consultations are always free—whether you are making your first Will or reviewing an existing Will. We will take the time to understand your circumstances and explore your options, including whether a codicil will suffice or if a new Will is the better choice. Our team will then set out any fees clearly, so you can make an informed decision before proceeding.

Remember, your Will is one of the most important documents you will ever sign. By ensuring your wishes are accurately recorded and legally sound, you provide clarity and security for your loved ones. Let 2025 be the year you take control of your estate planning: New Year, New Will.

Get in touch with APT Legal today to arrange your free consultation. We’re here to help you safeguard your future and that of your family.