Do I have an option to make substantial changes to my existing will?
Full Question:
I am planning to get married and wanted to make substantial changes to my existing will. Can I revoke or cancel my existing will and create a new one?
11/09/2016 |
Category: Wills and Es... ยป Revocation |
State: ALL |
#26493
Answer:
A person may use a Living Will Revocation if he wanted to revoke an existing will, or if he has changed his mind about life sustaining procedures or if he wanted to make substantial revisions to his present living will and he thinks a starting over will be easier. The person may have changes as to the distribution of assets, end of life care, beneficiaries. He may also have plans to get married and have a joint living will. A Living Will Revocation can help in such situation.
By using a Living Will Revocation, the person can cancel the current living will and start with a clean slate. This method can be used when the person wanted to make substantial changes in the current living will and making changes to the existing will would drag the will into confusion. In order to avoid such confusion one can use Living Will Revocation. But it is important to keep the records and paper works also changed along with the new will. The revocation shall be effective when the person who has witnessed the revocation communicate it to person’s attending physician or healthcare provider.