 |
Life changes fast—has your will kept up? |
 |
Discover the 5 key moments you must update your will to protect what matters most. |
1. Marriage or Divorce
Any major change in your relationship status, like getting married or divorced, should prompt an update to your will. This ensures your spouse or ex-spouse is included or removed according to your current wishes.
2. Birth or Adoption of a Child
When you have a new child, it’s essential to update your will to include guardianship instructions and ensure your children are provided for financially.
3. Significant Financial Changes
If you acquire or sell major assets—like buying a home, starting a business, or receiving an inheritance—your will should reflect your current financial situation and asset distribution.
4. Moving to a New Province or Country
Laws governing wills vary by jurisdiction. If you move to a new province or country, your will may need adjustments to comply with local laws and ensure it remains valid.
5. Passing of a Beneficiary or Executor
If someone named in your will as a beneficiary or executor passes away or is no longer able to fulfill their role, you need to update your will to appoint someone new or reallocate assets.
Keeping your will current ensures it reflects your latest wishes and life circumstances.
#helpingpeoplesucceed #willsweek