A last will and testament does not have an expiration date per se. Once a will is properly executed and remains unchanged, it can remain valid indefinitely. However, it’s important to keep the following points in mind:
- Regular review: life circumstances change, and it’s advisable to review your will periodically, especially after significant events like marriage, divorce, or the birth of a child. While the will itself doesn’t expire, updating it ensures that it accurately reflects your current wishes.
- Revoking or updating: if you want to make changes to your will, it’s best to create a new will or add a codicil (an amendment) to your existing will. This ensures that your revised intentions are properly recorded and reduces the potential for confusion or disputes.
- Outdated provisions: although the will as a whole does not expire, specific provisions may become outdated or no longer applicable. It’s important to ensure that the instructions and distributions mentioned in your will are still relevant to your current circumstances.
To ensure that your will remains up to date and reflects your wishes accurately, it’s advisable to consult with a legal professional specializing in estate planning. They can guide you on when and how to update or revise your will as needed.