A properly prepared Will protects your loved ones and family and minimises the financial worry during what can be an upsetting and stressful time. At OneLaw Chambers, our Wills, Trusts and Probate Solicitors and Barristers are here to help you plan for your family’s future.
How are wills drafted?:
A will can be made on any sheet of paper and follow any format, provided it is signed by you and witnessed as required by the law. But an invalid will, or one with conflicting instructions, could be challenged in court. This can cause family conflict, and inflict the stress and expense of a lawsuit on your loved ones. If you're planning to write a will, you can choose whether to do it yourself or seek help from a professional. The right option for you will depend on how complex your affairs are, and how much assistance you're likely to need.
Making changes to an existing will:
You may want to change your will in light of new circumstances. You must not amend the original will after it has been signed and witnessed, the only valid way to amend a will is either by a codicil or by revoking the original will and making a new one.
A codicil is a formal testamentary instrument which acts as an add-on to an existing will; the original will plus all codicils to it are read together and the estate is distributed in accordance with their combined effect. To be valid and admitted to probate alongside the will, a codicil must comply with the same requirements as the will itself (see above).
A codicil supplements the terms of an existing will and can be used to add a provision e.g. additional legacy, amend a provision e.g. change the value of a pecuniary legacy, or revoke a provision in a will e.g. remove a particular beneficiary’s entitlement.
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Visit us at onelawchambers.com/our-legal-services/wills-trust-… for more information on drafting a will. You can also contact us by email at advice@onelawchambers.com or give us a call on 0208 616 1819.
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