You should consider updating your will when:
(a) Your spouse/domestic partner dies
(b) You have your first child
(c) An intended beneficiary dies
(d) A beneficiary has a relationship breakdown/forms an unsuitable relationship
(e) A beneficiary suffers mental incapacity/has a drug problem
(f) A beneficiary is sued, owes large debts, or starts a business with a lawsuit risk
(g) A beneficiary becomes estranged from the family
(h) A beneficiary suffers a significant financial misfortune.
(i) There is a substantial increase to the size of your estate.
(j) You establish a discretionary trust.
(k) You build up a large superannuation balance.
(l) You get married.
(m) You separate or get divorced.
(n) You commence, or end, a de facto relationship.