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Cost Of A Will
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What is the going rate for a simple will which stipulates all money and possessions to be shared equally between two children?
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The disclaimer is really to protect the lawyers on here by suggesting that our advice is worth exactly the amount you paid for it ! But watch out for one thing about the cheap will services; there is a possibility that they will suggest that their staff be appointed as executors, a proposition that should not be agreed to since it may well cost the estate money
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Have a look here - trusted organisation, reasonable price.
Although you can do it yourself
This is my last will and testament.
I,...................., being of sound mind and body will my estate, property and all assets in its entirety and without hindrance to be sold and the proceeds to be divided equally for the benefit of my children, (name here) and (name here).
I nominate (child one) and (child two) as executors.
Signed................................ Dated.................
Witnessed by ...............(not children) and ..............................
addresses here............................... .....................................
Date ...................... ....................................
If anyone can pick any flaws in that I'd appreciate comments.
Have a look here - trusted organisation, reasonable price.
Although you can do it yourself
This is my last will and testament.
I,...................., being of sound mind and body will my estate, property and all assets in its entirety and without hindrance to be sold and the proceeds to be divided equally for the benefit of my children, (name here) and (name here).
I nominate (child one) and (child two) as executors.
Signed................................ Dated.................
Witnessed by ...............(not children) and ..............................
addresses here............................... .....................................
Date ...................... ....................................
If anyone can pick any flaws in that I'd appreciate comments.
Even what appears to be a simple situation can lead to problems- eg is either child living in the house, is there a spouse, what if one or both children predecease you, should both be named as executors, will not witnessed properly, possible ambiguity in the wording,,,,
Will writing kits can be okay but I'm sure Barmaid has lots of stories of where they went wrong. You are paying the solicitor to ask the right questions, write it properly using his/her expertise, agree it with you, store it for you, arrange witnesses.
Will writing kits can be okay but I'm sure Barmaid has lots of stories of where they went wrong. You are paying the solicitor to ask the right questions, write it properly using his/her expertise, agree it with you, store it for you, arrange witnesses.
Yes tambo- I'm sure most go through smoothly but some don't- so it depends whether you want to take a chance to save £100-£150. It's a competitive market- you can shop around and choose the cheapest deal. Or you can do one with a charity for a very low price although I think they expect to get something from the estate
