Our unlimited changes that you can get with your will make it quick and easy to update it in the future. Here, we look at how it works and why it's so important to keep your will up to date.
Over 30 million adults in the UK are putting off writing a will. And one of the main reasons for this is that they're worried they'll have to pay to make a new will in the future. So rather than writing a will that protects their family today, they end up putting it off for years.
At Farewill, we understand that life can change in a matter of seconds. That's why we make it easy to update your will anytime in the future. By logging back into your account, you can use our online will writing service to update your will from the comfort and privacy of your own home.
When should you update your will?
It's recommended that you update your will every two years. This is to make sure that any changes in your circumstances are reflected in your will. This includes things like:
You have a new child
You get engaged, married or divorced
You move house
You buy or sell any property
You inherit money or property
One of your executors, beneficiaries or guardians dies
You want to change who is inheriting your estate
You want to add a specific gift or message to someone you love
Inheritance tax legislation or the law governing wills changes
How to update your will with Farewill
After writing a will with Farewill, you can log back into your account at any time to update your will. Simply navigate to the section you want to update and make your changes. Then, when you're done, click the button on the summary page to send your will for checking.
After your updated will has been approved by our will experts, you'll need to print and sign it again alongside two witnesses before putting it away somewhere safe. To avoid any confusion for your executors in the future, it's also important that you destroy your old will.
How much does it cost to update a will?
If you write your will with Farewill, you'll have a year to make unlimited changes to your will included in the price. After that, it’s an optional £10 a year for as many updates as you need. You can cancel unlimited changes anytime and we'll remind you the month and week before each payment so you have plenty of time to decide.
With unlimited changes, you can update your will as many times as you need. You can also take advantage of our free chat and phone support between 9am and 7pm, 7 days a week. So if you have any questions about updating your will, you can speak to an expert from the comfort of your own home.
If you've already written a will with a solicitor or traditional will writer, you'll likely need to get a codicil to update your will. This is a separate document that can cost anywhere between £20 and £80. However, if you want to make a lot of changes to your will or think you may need to update it again in the future, you may be better off writing a new will.
You can find out more about writing a codicil.
I already have a will. Can I update it with Farewill?
If you already have a will from a solicitor or another provider, there's a high chance that they'll ask you to pay if you want to change or update it. In some cases, this could end up costing over £150 – and you still won't have an easy way to update it in the future.
If your old will is out of date, you could make a new will for just £90 by using Farewill’s online will writing service. This would then allow you to update your will anytime in the future for just £10 a year after the first year. And remember: once you’ve printed and signed your new will alongside two witnesses, it’s important that you dispose of your old will to avoid confusion for your executors.
Who can witness and sign a will?