ChatterBank0 min ago
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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Hc, the witnesses have to state that they signed in each other's presence and in the presence of the testator,for one thing ! And nobody puts "being of sound mind" in a will, if they ever did in England, because it would be self-serving statement which does not prove itself ; a person of unsound mind could put that; and it doesn't serve to prevent the will be challenged for lack of testamentary capacity.And, for the avoidance of doubt, it is customary to put "and I hereby revoke all wills and testamentary dispositions made by me", or similar words, after "last will and testament"
Daisy Nonna, as well as what is in the bank what about your goods and chattels how are they to be divided?
As has been said what happens if one of your children predeceases you, will their share go to their children or would you prefer it went to your remaining child?
I wouldn't dream of handing over money to a will writer that didn't ask questions, whatever they charge that could never be considered good value for money.
As has been said what happens if one of your children predeceases you, will their share go to their children or would you prefer it went to your remaining child?
I wouldn't dream of handing over money to a will writer that didn't ask questions, whatever they charge that could never be considered good value for money.
Daisy, if these conditions apply to you at the time of your death:
You are not married;
You do not have a live in partner who is financially dependent on you;
You are not financially supporting one child but not the other
You do not need a will. The rules of intestacy mean that your two children will inherit equally.
You are not married;
You do not have a live in partner who is financially dependent on you;
You are not financially supporting one child but not the other
You do not need a will. The rules of intestacy mean that your two children will inherit equally.
Daisy - the forty or so answers here are of surprisingly variable quality
Fred - St Freddie in my opinion being tops as usual - I think he may have ground out wills for a living poor lost soul - didnt he also say once that he cd nt understand why he gave advice on this stream since so much money was made by the lawyers litigating do-it-youself cock-ups ? perhaps
you have easily enough advice to make a decision
this is an area where you dont say to the lawyer - oh do a crap job and give me 50% off oh and I dont want to pay VAT.......
Fred - St Freddie in my opinion being tops as usual - I think he may have ground out wills for a living poor lost soul - didnt he also say once that he cd nt understand why he gave advice on this stream since so much money was made by the lawyers litigating do-it-youself cock-ups ? perhaps
you have easily enough advice to make a decision
this is an area where you dont say to the lawyer - oh do a crap job and give me 50% off oh and I dont want to pay VAT.......
A good solicitor/will writer should spend more than 10 minutes. For example he/she needs to establish certain points first such as those mentioned by hc (which I mentioned yesterday as well-e.g. assets, other possible claimants as dependants, who to be executors, what happens if one or both predeceases you). You are also paying for their knowledge and expertise. Of course a good solicitor/will writer will be efficient and won't take as long as one who has less experience, so I agree that the total time won't be more than 30-45 minutes. If you feel it's too high I'd shop around a bit more.
What price do you feel is about right?
What price do you feel is about right?
But HC's draft IS fatally defective PP (see my post above).
Crucially, nowhere does it state that the witnesses sign in each other's presence, (nor, indeed in the presence of the testator). My own father's will was rejected for probate because the witnesses hadn't signed that they did so in each other's presence. The family had to try to find the witnesses, years after the date of the will, but, luckily, did trace one who swore to the omitted fact.The will was only admitted once that was done.
My father's mistake was to copy exactly the wording of a will form sold in bookshops.
Crucially, nowhere does it state that the witnesses sign in each other's presence, (nor, indeed in the presence of the testator). My own father's will was rejected for probate because the witnesses hadn't signed that they did so in each other's presence. The family had to try to find the witnesses, years after the date of the will, but, luckily, did trace one who swore to the omitted fact.The will was only admitted once that was done.
My father's mistake was to copy exactly the wording of a will form sold in bookshops.
