'Do I need a new will? - I already have one...'
You should review your will regularly - but that doesn't necessarily mean you need a new one.
YOU NEED A NEW WILL IF:
* your will specifies your children by name as beneficiaries and you have had another baby in the meantime;
* your will makes cash gifts that you no longer have the money for unless your house is sold;
* your named executors can no longer act;
* the executor is the Public Trust or a lawyer and you don't want your estate to have to pay the level of fees they will charge;
* your ex-spouse/ex-partner is the executor and your separation/ dissolution happened after the will was made;
* you have married or entered a long-term relationship since making the will;
* you have changed your mind about who gets what, or your will specifies particular property that you no longer own;
* you need to appoint a 'testamentary guardian' for your children, and your current will does not do this.
I hope this helps.
Cheers
Cheryl S.
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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78.7% Yes! It's better to regift what I don't need
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21.3% No. It's the thought and effort that matters
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Christmas Spirit
Went to New World Christmas Eve brought some groceries and as I went to pay a
very kind Lady behind me in the queue reached out and paid for my purchase.
The world still has some wonderful people in it even in these troubled times.
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