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Know how to change your will when necessary

When you review your will periodically, you want to make sure it accurately conveys your wishes. If the will doesn't make your wishes known, you will need to update it. Updating your will isn't as easy as just jotting down the changes you want to make. In most cases, you will have to rewrite the will. Thankfully, doing so isn't too difficult.

When you update or rewrite your will, you need to make sure that you make it clear that previous versions of the will are void. This means that you should include a statement in the current will that makes it clear that any prior versions of your will mustn't be considered and are revoked.

There are many different things that might lead to you to change your will. Many of these are the same situations that would require you to review the will. If you get married or divorced, have children or grandchildren, amass considerable assets or sell off assets, it may be time to update your will.

You might also want to change your will if you want to remove certain heirs. If that happens, you might need to take steps that would prevent those heirs from challenging the will later. You could also decide to leave something to a favorite charity. In all of these situations, you can handle the changes by writing out a new will.

Ultimately, you should only change your will if you want it changed. Don't let anyone pressure you into changing it. This might mean that you need to sleep on the changes to make sure that they are what you really want to do.

Source: FindLaw, "Changing a Will," accessed Sep. 26, 2017

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