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Previous Next Up Topic Other Boards / Foo / Cost of wills?
By Star (***) [gb] Date 01.01.10 12:12 GMT
New Year etc and makes you think what lies ahead. Any idea what a will costs via a solicitor. Because some family still at home, provision for dogs etc its more complex than trying a diy. Someone has told me it could cost £500. If thats the case I shall need to save up pennies first.lol

Anyone any info they could point in right direction
Thanks
Straight to the Point(ers)
By furriefriends (***) [gb] Date 01.01.10 12:43 GMT Edited 01.01.10 12:45 GMT
I would ring 2 or 3 solicitors to get an estimate they must beable togive you some idea
OH is in financial services and  has justs looked over my shoulder he suggest between 80-150. He recons £500 is ott unless serious complicated trusts needed and most people don't need that but says defo get quotes for better idea
By weima (**) [gb] Date 01.01.10 13:25 GMT
I think I only paid £100 a few years ago
By LindyLou (***) [gb] Date 01.01.10 14:12 GMT
My 15 year old daughter just made a will last week. It cost £150. I would shop around if I were you. :-)
Life is not a bed of roses but a comedy of errors
By JeanSW (****) [gb] Date 01.01.10 14:37 GMT
I made my will, making provision for my dogs, back in 2001, so guess it's gone up a tad by now.  But not to that extent.

My will is pretty straightforward, and couldn't have taken up much of the solicitors time.  It cost me £100 back then.
The hurrier I go - the behinder I get!
By Harley (***) [gb] Date 01.01.10 15:08 GMT
I made a new will last year and it cost me £65. I used a solicitor who runs a small family business and was very pleased with the service and the fee.
By Star (***) [gb] Date 01.01.10 16:11 GMT
I dont think it will be so straightforward though. All do do with some of my family would want to stay in house for dogs and to continue what we have. Others would want the ir money as they are not so fussed about them. Plus there will still be somemortgage left on house (not loads but enough to need sorting out. Its about doing what is best so I guess that is why I need expert advice!
Straight to the Point(ers)
By suejaw (****) [gb] Date 01.01.10 19:17 GMT
You are making me think now about this.

I have no dependents or mtg, so just wondered if it were worth me doing one?? My pension pot with work goes to my NOK should anything happen to me.

I'd guess its the dogs that i'd most worry about..
By Brainless (*****) [gb] Date 01.01.10 19:52 GMT

> Plus there will still be somemortgage left on house


Normally a mortgage is repayed on death from a compulsory life cover.
Barbara and the Grey Curly Tails.
By Lexy (***) [gb] Date 01.01.10 22:10 GMT

> Normally a mortgage is repayed on death from a compulsory life cover.


Not all mortgages has a life cover
Live life on a daily basis cos tomorrow might never come!!!
By arched (***) [gb] Date 01.01.10 22:11 GMT
I have no dependents or mtg, so just wondered if it were worth me doing one??

It's always worth making a will. It can save your family a lot of worry and heartache over your wishes. It also saves a lot of money and time. If no will is left it's not as straightforward as you might think and your next of kin could spend ages claiming their inheritance.
By Jeangenie (*****) [gb] Date 01.01.10 22:13 GMT

>I have no dependents or mtg, so just wondered if it were worth me doing one??


If you want most of your assets to go to the government, or in legal fees if your family want anything, there's no need.
A closed mouth gathers no feet
By ali-t (***) [gb] Date 02.01.10 11:12 GMT

> You are making me think now about this.
>
> I have no dependents or mtg, so just wondered if it were worth me doing one?? My pension pot with work goes to my NOK should anything happen to me.
>
> I'd guess its the dogs that i'd most worry about.


I made one a few years ago and think it was about £80 with one of the big local firms in my area.  Like yourself I have no dependents but my will outlines what I want done with any dogs I have at the time and the financial input that will be provided each year for each dog to ensure they are well looked after and all their needs met.  Good use of £80 for the peace of mind.

I went on a website that had a will planner on it and took that with me to the appointment so I was only with the solicitor for a short period and he did the work in line with my request and then it was signed and sealed.  http://www.willaid.org.uk/will_makers/will_planner-88  Will aid only runs in November but the planner is good.
The artist formerly known as cheekychow! - with a staffy and a rottie not a chow, but very cheeky!
By Daisy (****) [gb] Date 02.01.10 14:25 GMT
It's worth knowing who will benefit if you don't make a will :-) Not always the person that you want :-)

Order or priority of entitled relatives (Administration of Estates Act 1925 s. 46 & 47)
Spouse or civil partner
Issue (children, grandchildren or their descendents)
Parents
Brothers and sisters of the whole blood, or their issue
Brothers and sisters of the half blood, or their issue
Grandparents
Uncles and aunts of the whole blood, or their issue (first cousins or their descendants)

Also, a wife/husband doesn't automatically get ALL the estate - if there are children then only, about, the first £200,000 goes to the spouse, the rest to the children. This can cause major problems although for a lot of people they won't have that amount to leave :-)

Daisy
You grow up the day you have your first real laugh, at yourself
Trop de paroles noient la vérité.
By Star (***) [gb] Date 02.01.10 16:02 GMT
Thanks all. Will make an appointment and get on with it :-)
Straight to the Point(ers)
By Tricolours (**) [gb] Date 03.01.10 22:39 GMT
Because we had a mirrow will, both of us wanting the same, will cost us £150.00 for the pair of us, & we had that done in October 2009.
By Brainless (*****) [gb] Date 04.01.10 08:56 GMT

> although for a lot of people they won't have that amount to leave :-)
>


This si a problem these days as some peoples houses are worth more than the automatic entitlement, soa  will is still best.
Barbara and the Grey Curly Tails.
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