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I revoke all prior Wills, codicils and testamentary dispositions made by me and declare this to be my last Will and testament. The revocation clause is important to show that your current Will is the Will that should be used on your death, and that all Wills made by you previously should be ignored.
Revocation of a Will / Loss of a Will By execution of a subsequent will. By some writing and declaring an intention to revoke the will. By burning of the will. By tearing of the will. Otherwise destroying the will.
When a person (the Testator) makes a valid Will, section 20 of the Wills Act 1837 states that it can only be revoked in three ways: by the Testator making another Will or codicil; by them signing a revocation provision (a professionally drafted Will will always include this provision) or by destruction.
Provided a testator (the person making the Will) retains testamentary capacity a Will can be revoked (cancelled) at any time during the testators lifetime. If a Will is revoked and a replacement Will is not made, then the testator will die intestate.