How much does it cost to make a will?

How much does it cost to make a will?
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Make a Will in Minutes

You can Make a Will in Minutes using the Online Will Service from 10MinuteWill.co.ukUnlike other Online services 10MinuteWill offer:

1. Guaranteed fixed price service (£29.95)

2. A FREE Trial and Money back Guarantee

3. A fully solicitor checked service.

4. FREE Updates when circumstances change.

5. You can print your Will immediately.

6. An Enduring Power of Attorney if required.

7. Discretionary Trust Wills if required.

8. Binding service.

Don't delay making your Will. Every day over 1500 people die in the UK and over 70% die without making a will.

Make a fully solicitor checked will ONLINE in Minutes

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If you don't make a Will, you cannot control who will inherit your property after your death. Should you die without one, your property will be distributed according to law (the law of 'intestacy'), which is likely to be against your personal wishes. In some cases your estate may go to the Crown instead of the people you want to benefit. By making a Will you can determine precisely who will inherit your property and let your loved ones know that you have considered their needs.Equally important, you can determine who will handle your affairs after your death and who will act as guardian for any minor children you have if they are left without a surviving parent. You can also use your Will to express your preferences for burial or cremation and for donating organs or your entire body for medical purposes. In addition, making a Will gives you the opportunity of reducing your Inheritance Tax liability. This is particularly important if you have substantial assets.If you die without making a Will, or if your Will is invalid, you die 'intestate'. This means that the management of your affairs is then placed in the hands of administrators who are appointed by the court and who are likely to be close members of your family. The administrators distribute your estate according to the rules of intestacy.The rules are complex, but broadly speaking the bulk of your estate will go to your spouse or, if none, to your children and, if none, to other specified blood relatives. The effect of the rules depends partly on the size of your estate. If you have surviving children, then your spouse will only receive a maximum amount of £125,000 outright from your estate. The balance is then shared between your spouse who takes half of the remainder as a life interest (and thereafter it goes to your children) and your children take the other half outright providing that they are not minors. If you leave no surviving children, then your spouse takes a maximum of £200,000 outright with a life interest in half of the remainder, the rest of which goes to other close relatives as defined. The amount your spouse gets therefore may be less than you expect. It's therefore always wise to have a valid Will rather than rely on the intestacy rules. The rules for spouses set out here are the same as the rules for those gay couples who register as civil partners under the Civil Partnerships Act 2004.It's also possible to die partially intestate. This occurs if you fail to deal with all of your property in your Will or if a particular someone who was due to inherit in your Will dies before you or if you divorce and your ex-spouse's legacy becomes invalid as a result. It's therefore important to keep your Will up to date. It's particularly important to make a Will if you're not married to your partner. Under the law of intestacy, your unmarried partner has no automatic right to any part of your estate and so he or she will have to establish a claim under the Inheritance (Provision for Family and Dependants) Act 1975 which can be costly, time consuming and not necessarily successful.Once you've drawn up your Will, changes to your circumstances (e.g. marriage, divorce, having a child or moving house) can make parts of the Will invalid or unfair and open to a successful claim under the Inheritance Act. You should therefore review your Will regularly to reflect any major life changes, preferably every five years. Click here to make your will now!

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.

TenMinuteWill.co.uk (update)

In addition to being (probably) the best Online Will writing website in the UK, 10MinuteWill.co.uk have recently added two new features to their menu:-

• Enduring Power of Attorney
  
• A Document binding Service
  

These are OPTIONAL extras and the basic cost of a fully legal and printable Will is still only £29.95.

You can see their full price list here

Making a Will Online

Firstly it is simply not necessary to incur the costs involved with using a solicitor to Make a Will!
Then again making a will entirely yourself is NOT to be recommended either! If you are tempted to use DIY Will forms, PLEASE think again!. The whole point of Making a Will is to ensure your estate goes to the people you want it to go to. One small mistake could jeopardise that wish. If you make a DIY Will or use one of the many available DIY Will "forms" you may save a few quid at outset but the cost to your beneficiaries or estate could be huge.

So why Make your Will Online - well, two reasons.

1. Fast - but avoid those who do NOT let you print the Will immediately.
2. Cheap - but you get what you pay for. If you pay less than £25 for a single will the chances are that it is "lacking" in some area. Perhaps it isn't full checked or they may charge you for future changes. ask yourself WHY its so cheap!?

There is only one Online Will Website I would actually suggest - Tenminutewill.co.uk

Why?

* Costs £29.99 for a Single Will
* Can be printed off in minutes
* Is fully legally checked
* There is NO charge for future changes to the Will. Do it now!

You can find out more about Tenminutewill.co.uk here

When should I make a will?

When should I make a Will?

Well the quick answer is, now! Basically it is never too soon.

Making a Will is particularly important if you are anticipating marriage or a civil Wpartnership, having a child, getting divorced or remarried. Also, buying a property or having assets or investments that you would like to decide in advance who gets what.

In England and Wales, your will becomes invalid when you become married or enter into a civil partnership, unless the Will clearly stated that it was written in anticipation of you marrying or entering into a civil partnership with a named person. You can make a will immediately online by clicking here, www.tenminutewill.co.uk This is certainly the best online will making site. If you would like to obtain a free booklet on making a will click Will Drafters.

If you become divorced then your former spouse or civil partner, if included in your Will, would be treated as having died before. Therefore, if your previous Will said that everything was to go to your spouse but if he/she died before you then everything was to go to your children. Now you are divorced, your former spouse will be ignored (treated as having predeceased you) and, in this example, everything will go to your children.

Every five years you should review your Will. Changes that should trigger a review of your Will include any changes in your financial, marital or emotional circumstances. Your family and friendships can change and your Will ought to reflect these changes.

You can either draw up a new Will or add clauses to your existing Will through a codicil. Drawing up a new Will is more advisable and may be no more expensive. If you draw up a new Will you will need to destroy the old one so as to avoid confusion in the future.

With Will Drafters, should you choose the more comprehensive WillPlus service then any future changes to your Will are completely free of charge. And each time a totally new Will is written for you. This thereby avoids the need for a separate and sometimes contentious codicil.

Will Advice

What is a Will?

A Will is a legal document in which you state what you would like to happen to your estate. Your estate consists of your house (less any outstanding mortgage or other loans secured on it), cash and savings, your car, household and personal effects, proceeds from any life assurance policies and pensions where there isn't a named beneficiary or the plans are not written in trust LESS any outstanding loans, credit card balances, household bills, funeral expenses, etc.

If the gross value of the total estate is less than £5,000 (England and Wales) or £25,000 before debts (Scotland) it is called a "small estate" and can be distributed without a Grant of Probate or Confirmation of the Estate.

However, it doesn't matter how little you think you are worth, it is important that you make a Will. Without a Will, your relatives and friends could face severe difficulties. And, although you may not like it, if you don't make a Will the law will decide for you, which may not be what you would have wished. You must sign and date your Will in the presence of two witnesses (England and Wales) or one witness (Scotland).

You must appoint an executor in your Will to ensure the terms of your Will are carried out. Sometimes one executor is sufficient but where there are potential beneficiaries who are not yet 18, then two executors are advisable. The executor's role is explained further below.
To make a will online click here now!