There are certain circumstances when
you should draft a new will, one that supercedes your
previous legal document. Doing so will prevent your will
from being contested and causing your family extended
and unpleasant legal battles when they could be grieving
your loss.
When Marital Status Changes
Perhaps you were never married, and
now have found the love of your life, or maybe you’re
divorced and wrote a will with your first spouse, but
are getting remarried. Any change in marital status is a
perfect time to write a new will.
When Your Property Status Changes
If you have made specific bequests to
individuals for certain items of property in the event
of your death, and those items or those you intend to
bequeath to them change, you will want to make a new
will. For example, say you left your child an expensive
tiffany lamp, and the lamp had been sold prior to your
death. Your child is out of luck and will receive
nothing, as the child would not be entitled to
compensation for the item or a different item in your
personal effects. So, it is best to make a new
will reflecting your current estate, any time your
property holdings change significantly and you have made
specific bequests.
When You Move To A Different State
Although some rules are the same or
similar in many states, others are not, and so what you
may have written in your will in one state may be
legally binding while in another its as effective as if
you never wrote the will at all. There are two specific
situations when this reason for making a new will is
especially important – when you have set up a specific
form of management for young beneficiaries, and when you
are married and are not leaving all or most of your
property to your spouse. In most cases, these two areas
vary from state to state in terms of legal ramifications
if you do not make a new will. So, it is always best to
make a new will when you move to a different state, even
if you only choose to modify these two areas of the
will. It almost goes without saying that you should also
make a new will if you move to a different country
When The Person Named As Personal
Guardian Is No Longer Able To Serve
Your first choice as personal
guardian for your minor children and the estate they’ve
inherited which you chose when you were thirty may
change significantly when you’re sixty. People often
choose close friends who later fade out of their lives,
or become unsuitable for one reason or another. At other
times, the person you appointed as personal guardian has
passed away. In such cases, it is always best to make a
new will so that your minor children and your estate
will be watched over by the person you feel most suited
to do so when you are no longer able to do so yourself.
When The Person Named As Executor
Is No Longer Able To Serve
The executor of your estate is also
often referred to as the personal representative. This
person is responsible for making sure that the
provisions of your will are carried out so that your
wishes are granted. Just as with the personal guardian,
for one reason or another, the person you have appointed
as executor of your estate may no longer be able to
serve or you may find them unsuitable to serve. As such,
it is always best to reevaluate the individual you have
chosen from time to time, and if you find they are no
longer qualified to meet your needs you should make a
new will.
When Your Witnesses Move Away,
Die, or Are No Longer Competent
The witnesses who you have sign your
will are responsible for testifying that you will and
your signature on that testament to your wishes are
valid. If two or more of your witnesses move, die, or
become unable to testify to the validity of your
signature and fulfill their function you will want to
make a new will. This is especially important if you
think there is any likelihood that someone in your
family may contest your will were you to pass on. Your
witnesses must be adults of sound mind and people who
will not inherit under your will. So, if for any reason
your witnesses become incapable of fulfilling their
legal function you should make a new will.
An important thing to remember if you
make a new will for any of these reasons is that you
should immediately sign your new will in front of your
witnesses to make it legally binding. Your new will
immediately supercedes any prior will and testament. As
an additional safeguard, when you make a new will you
should physically destroy any existing original wills as
well as any copies of them.