A will is a pivotal estate planning document. So it is important that you feel secure with the terms and conditions you have established in yours. If not, we encourage you to consider editing it. Read on to discover how to go about making changes to your will and how a seasoned Broward County wills lawyer at The Probate Lawyers can help make these edits valid and enforceable.
Under what circumstances might I consider edits to my will?
Say, for instance, that you were ahead of the curve in establishing your estate plan. Well, as the years have passed, you may be in a completely different position than you have expected. This may warrant some edits in your will. Examples of this are as follows:
- You may have gotten a divorce from your spouse, so you no longer want to list them as your beneficiary.
- You may have gotten remarried, so you want to list your current spouse as a beneficiary.
- You may have welcomed another child into the world, so you want to adjust how your assets can be split evenly amongst all your children.
- You may no longer speak to the individual whom you appointed as executor, so you want to appoint a new individual to take on this great responsibility.
- You may have moved to a different house in the state of Florida, so you want to clarify which property is to be passed down to your beneficiaries.
- You may have undergone significant health changes, so you want to recalculate the amount of money set aside for your medical care.
Is it possible to make changes to my will?
The short answer is yes, it is possible to make changes to your existing will in the state of Florida. Rest assured, there are three different ways to go about this. They read as follows:
- You may consider making a codicil: this is best if you only want to make minor tweaks to your terms and conditions; as this document will be read and interpreted alongside your existing will upon your passing.
- You may consider replacing your personal property memorandum: this is best if you already have this supplemental document established alongside your existing will; and if your desired changes pertain to what tangible property you wish to pass down to which beneficiaries.
- You may consider replacing your existing will altogether: this is best if you have changed your mind completely in regards to your terms and conditions; as revoking your old will and establishing a new will leaves little to no room for misinterpretations upon your passing.
When it comes to editing your will, you need a competent Broward County estate lawyer by your side. This means that you must contact The Probate Lawyers as soon as possible.