Several events that occur during many of our lives should be
considered reminders for us to review our estate planning
documents. Three such events are marriage, births and the transfer
of assets during one's lifetime, among others.
Newlyweds rarely think about estate planning. Often, it is not
until they start a family that they seriously think about providing
for others in the event that something untoward were to happen to
them.
Conversely, couples marrying for a second time may consider
their estate planning sooner as they wish to ensure that their
respective children and new spouse are adequately provided for.
Bermuda's laws provide that a marriage can revoke a will
that is in place unless the will was made in contemplation of that
particular marriage.