Last will and testament

What Life Events Can Trigger A Change to a Will?

Understanding Life Milestones and Your Will

Life is filled with momentous occasions that not only call for celebration but also necessitate a re-evaluation of our legal preparations, particularly in regard to Will writing and estate planning. In Coventry, recognising these events and understanding their impact on your Will is crucial. Let’s explore these life events in detail and discuss how local services like funeral planning Coventry, Will writing services, and local Will writing solicitors can assist in these processes.

Welcoming Your First Child

The arrival of a first child is a joyous and life-changing event, and it brings with it significant responsibilities, including the need to update your Will. In the UK, adding a child to your Will involves several critical considerations, ensuring that your child is adequately provided for and that your wishes for their future are clearly outlined.

Age of Inheritance

In the UK, the legal age for inheriting is 18, but this can vary. For instance, in Scotland, the default age of inheritance is 16. However, many parents opt to set a different age for when their child can access their inheritance, such as 21 or 25. This is often achieved through the creation of a trust, which allows you to control when and how your child receives their inheritance. Trusts can provide a structured way to manage the assets and can include specific conditions or milestones that the child must meet before they gain access to their inheritance.

Management of Funds

Appointing trustees is a crucial step when including a minor child in your Will. These appointed individuals or entities will manage the funds left to your child until they reach the age specified for inheritance. Trustees have the authority to use these funds for various purposes that benefit the child, such as education, maintenance, or even to assist in purchasing a first home. It’s important to choose trustees who are trustworthy and capable of managing financial matters; often, a combination of family members and professional advisors is chosen.


If, unfortunately, both parents happen to pass before the child reaches 18 (16, in Scotland), it’s crucial to have designated a guardian in your Will. These individuals will assume rights and responsibilities, attending to the child’s everyday necessities and making vital choices about their upbringing. Selecting a guardian is a decision that requires contemplation and a thorough conversation with potential candidates for the role.

Legal Rights to Inheritance

In the UK, particularly in Scotland, legal rights protect a child’s claim to a portion of their parent’s movable estate (this includes money, stocks, and cars, but not land or buildings). These legal rights ensure that children cannot be completely disinherited. Parents need to be aware of these rights when drafting their Will, as they can affect how the estate is distributed.

Specific Bequests and Wishes

Welcoming a first child often leads parents to think more deeply about their values and the legacy they wish to leave. Beyond the financial aspects, your Will can also include specific wishes you have for your child’s upbringing, education, and other personal values. While these wishes are not legally binding, they can provide valuable guidance to guardians and trustees.

Review and Update Regularly

As your child grows and circumstances change, it’s important to review and update your Will regularly. This ensures that it continues to reflect your current situation and wishes. Significant milestones in your child’s life, such as starting school, reaching adolescence, or developing specific interests and talents, might influence how you wish to structure your inheritance.

Acquiring Property

Acquiring property, whether it’s a primary residence, a holiday home, or an investment property, is a significant financial decision that necessitates updating your Will in the UK. By using a Will writing service Coventry, ensures that your new asset is accounted for and distributed according to your wishes after you pass away.

Control of Assets

When you obtain assets, they become a part of your estate. A Will is a binding document that gives you the power to determine the fate of your property after your passing. Without a Will, your property would be distributed based on intestacy laws, which may not align with your desires. By revising your Will, you can clearly state who should inherit the property, whether it should be sold or if it should remain in the family.

Provision for Co-Residents

If you live with a partner, family member, or friend, it’s important to consider their future in your Will. Unlike married couples or civil partners, cohabiting partners do not automatically inherit in the UK unless specified in a Will. You may wish to provide them with rights of occupation, ensuring they can continue living in the property after your death, or make specific provisions for their future financial security.

Inheritance Tax and Care Home Fees

In the UK, owning property can have implications for Inheritance Tax and care home fees. Your Will can be structured to mitigate the impact of these costs. For instance, careful planning can help reduce the Inheritance Tax liability on your estate, preserving more of your assets for your beneficiaries. Additionally, your Will can include provisions to safeguard assets from being entirely used for future care home fees, ensuring there is a legacy left for your heirs.

Property Ownership Type

How you own your property — as Joint Tenants or Tenants in Common — has significant implications for estate planning. Joint Tenancy means that upon your death, the property automatically passes to the other joint owner(s), regardless of the terms of your Will. In contrast, Tenancy in Common allows you to bequeath your share of the property in your will as you wish. It’s vital to understand the nature of your property ownership and ensure it aligns with your overall estate planning goals.

Regular Review and Update

As property values can fluctuate and personal circumstances change, it’s crucial to regularly review and update your Will. This ensures that your estate plan reflects your current situation and the true value of your property. It’s also wise to consult with estate planning solicitors near me, who can provide tailored advice and help you navigate the complexities of property ownership and inheritance law in the UK.

Marriage and Divorce

In the UK, changes in marital status – whether getting married, getting divorced, or even separating – have significant implications for your Will and how your estate is managed after your death.

Engaged Couples

For those planning to get married, it’s important to be aware that in the UK, marriage automatically revokes a Will unless the Will explicitly states it is made in contemplation of that specific marriage. This is known as a ‘contemplation of marriage clause.’ Without this clause, a new Will must be made after the marriage to ensure that your estate is distributed according to your wishes. Including this clause allows your current Will to remain valid even after your marriage, making it a critical consideration for engaged couples.

Separated Couples

Separation, unlike divorce, does not automatically alter the terms of a Will. If you are separated but not yet divorced, your spouse could still inherit under your Will as if you were still together. Therefore, it is crucial to update your Will to reflect your current wishes if you no longer want your estranged spouse to benefit from your estate. This could involve reducing their share or removing them entirely as a beneficiary. It’s also important to consider updating other elements of your estate plan, such as life insurance policies and pension benefits, which may still name your estranged spouse as a beneficiary.

Divorced Couples

In the UK, once you are legally divorced, your Will is read as if your former spouse has predeceased you. This means that any provisions in your Will favouring your ex-spouse are automatically nullified. However, if you wish for your ex-spouse to still inherit from your estate, this intention needs to be clearly stated in an updated Will. Otherwise, your estate could be distributed in a way that you did not intend, potentially causing complications and disputes among your remaining beneficiaries.

Additional Considerations

  • Children and New Partners: Changes in marital status can also affect provisions for children and any new partners. It’s important to ensure that your Will reflects your wishes regarding their inheritance.
  • Asset Distribution: Marriage or divorce might change how you wish to distribute your assets. For example, you might want to leave specific assets to your children or new spouse.
  • Legal Advice: Given the complexities involved in marriage, separation, and divorce in relation to estate planning, it’s advisable to seek legal advice. This ensures your Will is valid, reflects your current circumstances, and adheres to UK law.


Retirement is a significant life milestone that often prompts individuals to reassess their priorities and financial circumstances. In the UK, retirement not only marks the end of your working life but also initiates a phase where careful estate planning becomes crucial. This is particularly important as retirement may alter your financial landscape and personal relationships, making it an ideal time to review and potentially update a Will.

Review of Will

In the United Kingdom, it’s advisable to regularly review your Will, especially after retiring. This ensures that any changes in your life circumstances, such as the arrival of new family members (like grandchildren), marriages, divorces, or significant alterations in wealth, are accurately reflected. Retirement can often bring about changes in your assets; for example, you might downsize your home or receive a lump sum from a pension plan. These changes can impact how you wish to distribute your estate.

Distribution of Estate

A Will is an essential tool for ensuring that your estate is distributed according to your wishes. This becomes increasingly important in retirement, as you might have specific ideas about leaving a legacy to family members, friends, or charities. In the absence of a Will, the distribution of your assets Will be subject to the UK’s intestacy rules, which may not align with your personal wishes. These rules follow a set hierarchy for distributing assets, which might not consider your unique familial or personal relationships.

Consideration of Pension and Retirement Benefits

Retirement often involves dealing with pensions and retirement benefits, which can be a complex area in the UK. It’s important to understand how these assets will be handled upon your death. Some pension schemes may pay out a lump sum to a nominated beneficiary, while others might offer a spouse’s pension. Ensuring that your Will is in line with these nominations is crucial for the intended distribution of these benefits.

Legal and Tax Implications

Retiring in the UK also brings certain legal and tax considerations. For instance, how your estate is structured can significantly impact the inheritance tax that may be levied upon your death. Strategic planning, such as the use of trusts or gifting, can be used to mitigate these taxes. It’s advisable to consult with a legal professional to understand how your retirement assets can be best structured to benefit your heirs while minimising tax liabilities.

Reflecting Life Changes

Finally, retirement is a period of life where personal reflections often lead to changes in your worldview and priorities. This might include supporting charitable causes or leaving a legacy in a specific way. It’s important to ensure that these personal evolutions are mirrored in your Will so your final wishes are carried out as you intend.

Lasting Powers of Attorney Guidance

It’s also crucial to consider setting up a lasting power of attorney (LPA) alongside your Will, particularly in later life stages or in case of health deterioration. Local probate solicitors Coventry can provide guidance on LPAs, ensuring that your affairs can be managed according to your wishes, even if you’re unable to do so yourself.

Regular updates and reviews of your Will, guided by the best solicitors for Wills near me, ensure that your estate plan remains aligned with your life’s changes. Each of these milestones not only marks a significant personal transition but also a crucial point for legal consideration. By staying proactive with your Will and estate planning, you can have peace of mind knowing that your wishes will be honoured, no matter what life brings.

For further information or advice please contact us today!



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