×

NORTHWEST LEGAL NEWS

Tuesday May 21 2019

The wills hat-trick we all need to complete




 The wills hat-trick we all need to complete

The average person will need to rewrite their will three times in order to keep it relevant to their changing situation, a leading solicitor has claimed.

Claire Currie, from Kirwans law firm, which operates throughout the UK from their offices in Liverpool and Wirral, said that people who believe they only need to make one will could be putting their loved ones’ inheritance at risk.

Instead, she said, consumers should plan a wills hat-trick, to be written and reworked at various intervals in order to ensure it remains relevant to the different stages of their lives.

Claire said: “People tend to talk about a ‘will’ as a singular, one-off document. However, once written, wills need to be revised at least twice. The initial will should be drafted, at the latest, after the birth of a first child so that provisions, and guardianship in particular, are made for the child in the event of the parent’s death.

“The second revision should be made when the person is middle-aged in order for them to add their children as executors of the estate; with the third being created when the person hits their older years and needs to consider the possibility of a care home at some point in the near or distant future.”

Despite Claire’s warnings, recent research reveals that 54% of UK adults don’t have a will, and 5.4 million people don’t know how to make one.

In addition, 60% of parents don’t have a valid will, either because they have never made one, or due to the one that they have being out of date.

Further research published by Macmillan Cancer Support last year revealed that 42% of over-55’s don’t have a will, and that 1.5 million people may have unknowingly made their will void by getting married – a move that renders any previous wills invalid.

A failure to have a valid will in place could result in a person’s children being cared for by someone they would not choose, while their estate may not be passed on to the person of their choice.

Claire said: “Time and time again we see people coming to us who are completely bewildered to find, for example, that they are not named in their late partner’s will, simply because they never got around to updating a previous one.

 “People should review their will every five years or after major life changes; a failure to do so could mean that their true wishes are not carried out or that monies are lost in care home fees or inheritance tax.”

 



"Once written, wills need to be revised at least twice to ensure they remain relevant to the different stages of life"
Claire Currie








DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.







Entirely Law Jobs


Legal Assistant/Administrator - Healthcare Litigation

Manchester


Legal Assistant/Administrator - Healthcare Litigation Manchester City Centre Salary Negotiable An experienced Legal Assistant/Administrator is required due to expansion, to join a Law Firm in the Manchester area.




Legal PA

Manchester


Description Job Description Job Title: Legal PA Department: Property Location: Manchester Type of Contract / Hours of work: Full-Time Purpose of the role: Provide proactive and professional Legal PA support to allocated group.




Legal Secretary - Personal/ Catastrophic Injury

Manchester


Legal Secretary - Personal/ Catastrophic Injury £24,000 - £26,000 Manchester City Centre As a recruitment partner to an established Legal firm in Manchester City Centre, Platinum are looking for a Legal Secretary who has experience in the Personal Injury/ Catastrophic Injury sector.




Legal Assistant

Knutsford


A Legal Secretary is currently needed to provided secretarial and administrative support within a Financial Services business in the Knutsford area.




Practice Manager

Manchester


A Legal Practice Manager position has become available in an award winning Legal firm in Manchester.




Legal Secretary

Chester


LEGAL SECRETARY - £18,000 to £22,000 DOE Are you an experienced legal secretary looking for a new challenge?Are you experienced secretary who is a confident typist?Do you enjoy working in a fast-paced environment? If you have answered yes to the above then I would love to hear from you! My client is looking for a Legal Secretary to join th.




Legal Secretary

Chester


LEGAL SECRETARY - £18,000 to £22,000 DOE Are you an experienced legal secretary looking for a new challenge?Are you experienced secretary who is a confident typist?Do you enjoy working in a fast-paced environment? If you have answered yes to the above then I would love to hear from you! My client is looking for a Legal Secretary to join th.




Legal Secretary

Chester


LEGAL SECRETARY - £18,000 to £22,000 DOE Are you an experienced legal secretary looking for a new challenge?Are you experienced secretary who is a confident typist?Do you enjoy working in a fast-paced environment? If you have answered yes to the above then I would love to hear from you! My client is looking for a Legal Secretary to join th.




Legal Secretary

Chester


LEGAL SECRETARY - £18,000 to £22,000 DOE Are you an experienced legal secretary looking for a new challenge?Are you experienced secretary who is a confident typist?Do you enjoy working in a fast-paced environment? If you have answered yes to the above then I would love to hear from you! My client is looking for a Legal Secretary to join th.




Legal Secretary

Manchester


Legal Secretary£16K - £18K depending on experienceFallowfieldMonday to Friday 9am - 5:15pmOur client are a firm of solicitors based in South Manchester specializing in the full range of legal services including personal injury claims, immigration, property, family law and criminal law.




Legal Cashier

Rawtenstall


New Job - Legal Cashier – Rawtenstall – Up to £21k - Apply Now! REED Accountancy is recruiting on behalf of an energetic and long-established reputable Law firm based in Rawtenstall.




Legal Cashier

Liverpool


Legal Cashier We are currently looking for a Legal Cashier for a law firm in Liverpool.




RECOMMENDED FOR YOU ON ENTIRELY NORTH WEST






















































Discover the latest Industry News & Opinions on Entirely














We build powerful Financial Models for critical business decision makers.