Reviewing and updating your Will is exceptionally important as family circumstance and the law changes constantly. If you have not up dated your Will your Executors may not be able to claim the recently introduced residential nil rate band allowance which by 2020 will allow a husband and wife to claim up to £1,000,000 before inheritance tax is paid, so long as the appropriate Will has been drafted, the couple own their own house or have own their own house and are gifting to linea descendants. Is it time that you reviewed and updated your Will?