Jun 30 2008
Anyone who has made a will in order to divide their assets up if they die has been advised to review the document on a regular basis.
Helen Foster, head of wills and legacies at Help the Aged, is convinced of the need for regular reviews if an individual wants to be completely sure that their family will inherit their assets in the way they intended.
Ms Foster suggested that a will should be rewritten when a significant event such as the birth of a child or the sale of a family home has taken place.
"We recommend that you review your will at least every five years, or when your circumstances change," she said.
"Advice is not difficult to obtain. Help the Aged offers a will information pack, and a will advice service, where people of retirement age can obtain free professional advice."
Around 80 per cent of the people quizzed by Fool.co.uk recently said they expect their family home to account for the bulk of the assets they leave behind as part of an inheritance.
