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Clarke & Son Blog​

Update Your Will Week 2023

SFE Update your Will

This week (23rd – 29th January) is Update Your Will Week, an awareness campaign hosted by SFE to encourage more people to update their will and ensure their wishes are carried out when they die. This helps minimise disputes – easing distress (and costs) for your loved ones.

New research commissioned by SFE revealed only 56% of UK adults have updated their will within the last five years, meaning around a half of wills are out of date. It also showed that half of UK adults have experienced a life changing event, such as getting married, divorced, or having a child, since last updating their will.

We recommend that wills are reviewed and updated every five years, or when a major change occurs that impacts you or your loved ones.

In addition, the research revealed that almost three quarters (70%) of parents in the UK have no legal guardian in place to care for their children in the event of their deaths. According to the research, parents are almost completely unaware of the risks of not identifying a legal guardian in a will; this includes the courts or social services deciding what happens to your children.

With only two out of ten parents understanding that social services or the courts can step in to decide what happens to your children if you don’t have a will in place, Clarke and Son Solicitors are keen to raise awareness of the risks involved when a guardian isn’t appointed.

So, if you don’t have a Will how do you start the conversation? We see people and families from all backgrounds and circumstances here at Clarke & Son and we don’t have a “one size fits all” Will package as we treat all our clients individually. This doesn’t mean making a Will is expensive it just means you get a Will tailored to you and your needs. Our single Wills start from £450 + VAT and mirror Wills £800 + VAT. We also offer a free of charge storage service for your original Will once signed. During the course of the meeting we will touch on inheritance tax planning and asset protection, as well as a variety of other issues e.g what to do if you have assets overseas.

If you have a Will, and are simply not sure if it needs updating, we do offer a free Will health check, to see if it’s still current enough for your current needs.

For more information, give us a call at 01256 320555 or email us at mail@clarkeandson.co.uk

Wills And Estate Planning

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