Changing your will

Money Advice Service

Wondering how to change a will? You’re not alone. Lots of people change their wills when they have children, grandchildren or when their financial situation changes. Depending on what sort of change you’re making, you should either add to your will or write a new one. This guide will help you decide and answers common questions such as “how to change a will”, “how much does it cost to change” and “what is a codicil”.

Do you need to change your will?

It’s a good idea to review your will every now and then to make sure it still says what you want it to say.

You should definitely review your will if:

  • Someone named in your will dies.
  • You have children or grandchildren. You might want to change who gets what.
  • You get married. Marriage revokes a will in England and Wales (but not Scotland).
  • You get divorced. Getting divorced doesn’t revoke a will, although in England and Wales your ex-husband/wife or civil partner wouldn’t benefit from it.

You shouldn’t alter the original will document.

If you would like to make significant changes to the will, then it might be better to write a new will.

If you do write a new will you can revoke the old one by destroying it.

You can make small changes to your will – such as changing the executors or adding a legacy – by using a document called a codicil (more on this below).

Using a codicil

What is a codicil?

A codicil is a straightforward document that needs to be signed and witnessed in the same way as a will.

It allows you to make amendments to an existing will instead of completely re-writing an already written version.

There are no rules about what you can change using a codicil – it could be anything from a single word to many different sections of your will.

But it’s a good idea to use codicils only for very small changes, because they can make sorting out your will more complicated when you die.

A codicil has to be signed and witnessed in the same way as your original will, but you don’t need to use the same witnesses.

Don’t use someone as a witness if they or their husband/wife or civil partner benefits from a gift in the codicil – it will make the gift to them (in the codicil) invalid.

Codicils: pros and cons

  • If you’re using a will writing service or a solicitor, adding a codicil is usually cheaper than writing a new will.
  • A codicil should be kept with your original will – codicils can get lost and raise questions over the original will.
  • If you’re changing several parts of your will, it’s usually better to write a new will.

Writing a new will

A single will, drawn up by a solicitor can cost between £100 and £200, depending on which part of the UK you live in and how complicated your situation is. If you get a quote make sure it includes VAT.

This is usually the best option, especially if you want to make anything more than very small changes.

It’s just like writing your will for the first time, but with a few extra things to look out for.

  • Make sure your new will clearly says that it revokes any older wills or codicils.
  • If you own assets in different parts of the world and have a corresponding will, make sure that your new will does not inadvertently revoke that other will.
  • Destroy your old will and any copies – either by tearing it up, shredding it or burning it. Otherwise two (or more) wills could be found and it might not be clear which one should be followed.
  • Tell your executor where your new will is kept so they can find it when the time comes.

This article is provided by the Money Advice Service.

Links with an * by them are affiliate links which help Rest Less stay free to use as they can result in a payment or benefit to us. You can read more on how we make money here.
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email

Get the latest ideas, advice and inspiration​

No spam. Just useful and interesting stuff, straight to your inbox. Covering finance, learning, jobs, volunteering, lifestyle and more.

By providing us your email address you agree to receive emails and communications from us and acknowledge that your personal data will be used in accordance with our Privacy Policy and Terms and Conditions. You can unsubscribe at any time by following the link in our emails.

Join Rest Less for free

Rest Less is the UK’s fastest growing site for the over 50s, focusing on finance, learning, careers, volunteering, lifestyle and more. 

Good luck with your application

Before you go, we’d love to stay in touch to find out how you get on. Sign up to Rest Less today to get the latest volunteering, careers, learning, financial planning and lifestyle resources sent straight to your inbox.

By providing your email you agree to receive emails and communications from us and acknowledge that your personal data will be used in accordance with our Privacy Policy and Terms and Conditions. You can unsubscribe at any time through the link in our emails.

Good luck with your application

Before you go, we’d love to stay in touch to find out how you get on. Sign up to Rest Less today to get the latest jobs, learning, volunteering, financial planning and lifestyle resources sent straight to your inbox.

By providing your email you agree to receive emails and communications from us and acknowledge that your personal data will be used in accordance with our Privacy Policy and Terms and Conditions. You can unsubscribe at any time through the link in our emails.