WHY IS IT IMPORTANT TO UPDATE YOUR LAST WILL AND TESTAMENT WHEN YOU GET MARRIED?

Getting married is a significant life event that often brings about many changes, including changes to your financial and personal circumstances. It is important to update your last will and testament once you get married as the laws governing inheritance and estate planning are affected by marriage.

A will is a legal document outlining an individual’s preferred asset distribution after their passing. To ensure that your assets are distributed according to your wishes and that your loved ones are taken care of in the way you desire, your will need to be up to date.

When you get married and do not have a valid last will and testament, your spouse and children become your default heirs. This means that if you die without a will, your spouse will inherit a portion of your estate according to the laws of intestate succession. However, if you have specific wishes regarding the distribution of your assets, it is vital to update your will to reflect these wishes.

If you have children, it is important to consider their needs and ensure that your will provides for them in the event of your death. Updating your Will can also help to avoid potential disputes among your heirs and provide peace of mind for you and your loved ones.

In conclusion, updating your last will and testament once you get married is a vital step in estate planning and protecting your assets. It ensures that your assets are distributed according to your wishes and that your loved ones are taken care of in the way you desire. By updating your will, you can avoid potential disputes among your heirs and provide peace of mind for you and your loved ones.

Drafting and updating of last wills and testaments and administration of estates are included in the specialized legal services we, Burden Swart & Botha Attorneys offer. Our experienced team will take care of your affairs after your passing which will allow your loved ones to focus on celebrating your life and continuing their life journey.