Wednesday, March 15, 2006

What is the BEST way to Make your Will

Having looked into this now for several weeks I would advise as follows:_

If your Will (or joint Wills) is/are relatively simple then making a will online is probably the best route to take. It is quick, cheap and easy. However there are certain proviso's to be clear about. You should make sure that you use an Online Will Writing service that:
  • Is not overly expensive (not more than £30 for a single will)
  • Where you can print your will off IMMEDIATELY
  • Where it is solicitor checked
  • Where they will NOT charge you for changes or additions
  • Has a free trial and money back guarantee.
  • Where you can add an enduring power of attorney if required
  • That offers an optional Discretionary Trust if required
  • Offers Secure Copy Storage for updates etc.
Of all the Online Will Services I have looked at ONLY ONE offers ALL these facilites at the right price - TenMinuteWill.co.uk

I would urge you NEVER to do a DIY Will or one of the Cheap (under £20) Online Wills as none of them offer all the above. At best a cheap or DIY will could end up costing your beneficiaries a fortune and at worst the Will may even be invalid.

If you DO require a "higher" end Will or it is complicated then you should consider the service offered by WillDrafters Ltd. They offer a free brochure (by email) and will talk through your requirements (on the phone) at length.

Finally - If you prefer to write your Will in the comfort of your own home you should do this with a local "home visit" will-writer. There is no need to incur the extra expenses involved in using a solictor ( see below). You can request a call from a local will-writer here

You SHOULD seek proper legal advice if:-
  • You are not a British citizen and your permanent home is not in the UK.
  • You own a business, a farm, or shares in a private family-owned company.
  • You are a member of a Lloyd's underwriting syndicate.
  • You have the power of appointment under a trust.
TenMinuteWill.co.uk has and excellent Questions and Answers page if you require further information.

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