When Should You Make a Will? Signs It’s Time to Get One
Introduction
Many adults put off writing a Will because they feel it’s only necessary for the wealthy or older individuals. The truth is that a Will is important for any adult who wants to protect their loved ones and ensure their wishes are followed. Life is unpredictable, and having a legally valid Will in place provides peace of mind and security.
In this blog, we’ll explore the key life events and signs that indicate it’s time to make a Will, and why it’s never too early to start planning.
Major Life Events That Signal It’s Time
Marriage or Civil Partnership
When you marry or enter into a civil partnership, your estate may automatically pass to your spouse, but there are nuances, especially if you have children from previous relationships. A Will ensures your intentions are clear and legally enforceable.Divorce
A divorce can nullify certain parts of a previously made Will. It’s essential to update your Will to reflect your new circumstances, including any changes in asset distribution or guardianship responsibilities.Having Children or Stepchildren
Children are one of the most common reasons to create a Will. A Will allows you to:
Appoint guardians for minor children
Ensure your assets are distributed fairly
Set up trusts if needed to manage inheritance
Stepchildren and blended families also benefit from clear instructions to avoid legal complications.
Buying Property or Significant Assets
Purchasing a home, investing in property, or acquiring valuable assets makes it even more important to have a Will. Without one, intestacy laws will determine who inherits these assets, which may not align with your wishes.Receiving an Inheritance
If you inherit money or property, updating your Will ensures these assets are included and properly distributed.
Other Signs You Might Need a Will
Starting a family business or partnership: Protect your business interests and ensure smooth succession.
Changes in your health: Serious illness or health concerns are reminders to organise your estate.
Significant life changes: Moving abroad, remarrying, or changes in relationships may require updating or creating a Will.
Even if none of these apply, it’s wise to have a Will to protect your loved ones and your assets. Life can be unpredictable, and planning ahead is an act of care.
Benefits of Writing a Will Early
Peace of mind: Knowing your family will be taken care of eases anxiety.
Avoids family disputes: Clear instructions reduce the chance of disagreements.
Protects minor children: You can appoint trusted guardians and manage their inheritance.
Controls asset distribution: Decide who receives what, including sentimental items or charitable gifts.
Practical Example
Emma, a 28-year-old teacher, thought she was too young to need a Will. After the birth of her first child, she realised she wanted to choose guardians and manage her savings for her child’s future. By creating a Will, she ensured that her wishes would be legally recognised and her child protected in case the unexpected happened.
Even for young adults, having a Will is not about wealth—it’s about clarity, protection, and peace of mind.
Tips for Making a Will
Start simple: A basic Will can be sufficient for many individuals, and you can update it as life changes.
Review regularly: Life events such as marriage, divorce, children, or asset changes should trigger a Will review.
Seek guidance if needed: While DIY Wills exist, a solicitor or professional service ensures your Will is legally valid.
Consider all assets: Don’t forget savings, property, digital accounts, and sentimental items.
Even if your estate is modest, planning ahead prevents stress and uncertainty for those left behind.
Conclusion
You don’t need to wait for a major life milestone to start planning. A Will is a thoughtful, practical step that protects your loved ones and ensures your wishes are honoured.
Next Step: Download our Free Will Guide PDF to get practical, step-by-step advice on creating a Will that suits your family and your circumstances.