The risk of failing to update your will

by | Jun 13, 2016 | Blog Posts

forfeit a lease | Commercial property

Whilst people may prepare a will to deal with their affairs, unfortunately a lot of people may simply forget about it for years to come. It is vastly important that these documents are regularly reviewed to take account of any changes to your personal circumstances, your estate or your wishes.

Subsequent marriage

A will is automatically revoked by a subsequent remarriage (unless it is made in contemplation of it), however it is not automatically revoked upon divorce.
Instead, any gifts to or appointment of the former spouse will fail and any residuary provisions will take effect. Problems however, can arise if people separate and fail to obtain a divorce.

Case Study

A recent case has highlighted the dangers of just this.
Norman Martin died in 2012 leaving behind a partner (Ms Williams) of 18 years and an estranged wife.
Whilst Mr Martin’s and Ms Williams’ shared property (worth £320,000) was held as tenants in common which meant that Ms Williams retained her share, Mr Martin’s share together with the remainder of his estate passed to his wife according to the terms of an old will he had failed to update.
Ms Williams subsequently applied to the Court to obtain Mr Martin’s share of the property and was successful with the Judge commenting that she should “retain an absolute interest” in the house where she and Mr Martin had lived in a “loving and committed” relationship.
As Mr Martin had not divorced Mrs Martin, even if he had died without making a will, his estate would have passed automatically to Mrs Martin under the statutory rules.

Common law husband and wife? No.

This case highlights the importance of regularly reviewing your will following changes to your circumstances. As lawyers often point out, there is no such thing as a common law husband and wife.
Whilst Ms Williams was successful in her claim in this instance, she will likely have suffered significant stress and inconvenience in pursuing her claim not to mention the costs; Mrs Martin has been ordered to pay Ms Williams’ costs at £100,000.

Get in touch

If you would like to update your will, please give our specialist Wills, Probate & Trusts solicitors in Leeds, WakefieldBradfordManchester and London a call on 0113 244 9931.

Recently Added

The Importance of a Lasting Power of Attorney

The Importance of a Lasting Power of Attorney

What is a Lasting Power of Attorney? A lasting power of attorney (LPA) is a legal document that lets you appoint one or more people as an ‘attorney’, who have the power and authority to help you make decisions on your behalf if you lack mental capacity and can’t do it...

Personal Injury Trusts

Personal Injury Trusts

Personal Injury Trust (PIT) What is a PIT? If you currently receive means tested benefits and are due to receive a compensation payment for an injury, you may lose some or all of your entitlement to the benefits if your capital goes above the capital limit. Placing a...

What our Clients Say