Review my will

You should review your will regularly to ensure that it is still a correct reflection of your current wishes and fits your current situation.

Changing circumstances that could make it necessary to alter your will include:

• A long elapsed time.

• A marriage, including that of an heir.

• Birth (including adoption) of a child or heir.

• A divorce, including that of an heir.

• Drastic health deterioration in the family.

• Purchase or sale of a big asset such as a farm, house, etc.

• Taking on new financial responsibilities.

• Receiving an inheritance.

• Death of a family member or heir.

• Future prospects for the type of business you find yourself in or promotion or changes in your job.

• Quick growth in the estate assets that could lead to estate duties.

• Changes in legislation, especially tax legislation, which can be changed annually.

• Latest court rulings.

• New estate planning techniques.