Estate planning: Do not set and forget

With around 50% of adults lacking a Will or other forms of estate planning those of us that have our estate planning in order should be congratulated.

But it's not a set and forget legal document. Wills are prepared to take account of your current life situation. And while our estate planning lawyers do everything they can to ensure they achieve your wishes for many years to come the reality is that they can be impacted by a variety of changes in your life so that they no longer achieve what you want. A badly out of date Will can cause as many, or more, problems for your family as no Will at all.

So when should you update your Will? What events in your life are key triggers to revisit your estate planning documents?