The current Wills Act has been in force since 1987. While the core principles remain, modern developments and shifts in social norms have prompted the Law Commission to propose areas for reform under a new Wills Act.
Here are the key proposed changes:
- Minimum Age Reduced: The legal age to make a will would drop from 18 to 16, extending testamentary rights to younger individuals.
- Digital Wills Permitted: Wills could be created, signed, and stored electronically, with secure systems ensuring authenticity.
- Marriage No Longer Revokes Wills: Entering into marriage or a civil partnership would not automatically cancel an existing will, reducing risks of accidental disinheritance and exploitation.
- Dispensing Power for Formalities: Courts could approve informal documents as valid wills if they clearly represent the testator’s wishes.
- Protection Against Undue Influence: New provisions would make it easier to contest wills influenced by coercion or undue influence.
The key proposals and the draft Bill will be reviewed and a report is expected from the Government as to whether the proposals will be implemented.
If you would like to discuss preparing a Will, get in touch with our specialist team today for expert advice