You should review your will regularly to ensure that it is still a correct reflection of your current wishes and fits your current situation.

Changing circumstances that could make it necessary to alter your will include:

• A long elapsed time.
  
  
• A marriage, including that of an heir.
  
  
• Birth of a child or heir.
  
  
• A divorce, including that of an heir.
  
  
• Drastic health deterioration in the family.
  
  
• Purchase or sale of a big asset such as a farm, house, etc.
  
  
• Taking on new financial responsibilities.
  
  
• Receiving an inheritance.
  
  
• Death of a family member or heir.
  
  
• Future prospects for the type of business you find yourself in or promotion or changes in your job.
  
  
• Quick growth in the estate assets that could lead to estate duties.
  
  
• Changes in legislation, especially tax legislation, which can change annually.
  
  
• Latest court rulings.
  
  
• New estate planning techniques.