3 Reasons Why You Need to Update / Make Your Will if You are Divorcing
In Divorce, there are so many things to think about and it is easy to go through the process without considering your Will. Many people think, ‘I’ll change my Will after the Divorce is final.’ This is understandable, when finances are already squeezed, the last thing you want to spend money on is the very small possibility of your death.
However, there are real reasons you should put this on the top of your ‘to do’ list:
- Your ex: If you are in the middle of a Divorce and the Final Order has not been issued, you are still legally married and your existing Will is valid. This means your soon-to-be ex-spouse can inherit as set out in the terms of your existing Will.
- Children. If you have children and want to make sure they are provided for the way you intend, you should update/make a Will.
- Parents: Your Will is a great opportunity to appoint guardians to look after your children if something were to happen to you before they turn 18. If you and your soon-to-be-ex spouse share Parental Responsibility for your children then the surviving parent will automatically get sole Parental Responsibility. However, you should still set out your wishes in a Will in case you were to both tragically die before they turn 18.
These three reasons are just that – simplified examples, but they do help to illustrate how Divorce can impact all aspects of your life, some of which many people are unaware. This is why we always recommend you seek legal advice from a qualified Solicitor if you are considering Divorce or in the early stages of a separation.
Get in touch
If you want to find out more, do not hesitate to call us and one of our private client lawyers will be more than happy to help.
Please call us on 01323 727321, visit our website www.hartreade.co.uk or email us on info@hartreade.co.uk. We offer appointments at any of our offices in Eastbourne, Meads, Polegate or Hailsham.
Please note the above is for information purposes only and is intended to be a short summary. It should not be treated as a comprehensive guide and should not be acted on without qualified legal advice.