Last Will and Testament
Where there's a Will .....
Anyone with some form of asset, whether it’s savings, a property, a business, or just something they value, ought to have a will. Without a valid will, you are potentially leaving your loved ones with huge legal problems, and the people you may want to inherit from you could be left with nothing.
Are DIY wills valid?
You can buy ‘off the shelf’ Wills in some newsagents or the post office. If your affairs are straightforward and your wishes are simple, a DIY will might be fine. If your wishes are more complex, or if you are concerned about making mistakes, it would be advisable to instruct a professional to write your will – it doesn’t have to be expensive.
As a compromise we offer our On Line Will service for very small amount of money. This allows you fill out all the relevant details and then a professional Will writer will check and prepare your Will. You then get the Will witnessed and signed yourself. Check out our On Line service here. This is fine for a basic Will, but if in doubt call Bayarmaa directly for advice on the best way forward on 07903 460472
Why use a will writer?
Professional will writers are specialists. They provide a personal service, usually coming to your home when it is convenient for you. They will talk to you about your personal circumstances, including your assets, who you would like as your executors and of course who you would like to benefit from your will. You may have in mind specific gifts, charitable legacies or concerns regarding power of attorney or your tax liability. Will writers can help with all of these matters and more. They also tend to be less expensive than solicitors.
How do I know a will writer is properly qualifed?
Your will is one of the most important of documents you will ever make, so it is important to carry out due diligence before employing anyone to write your will, whether it is a will writer or a solicitor. If a will writer belongs to the Society of Will Writers, you can be safe in the knowledge that they are trained, qualified, carefully vetted and carry a professional indemnity insurance, see www.willwriters.com
How long does the process take?
An interview can take between 1 and 3 hours, depending upon the complexity of your affairs. The Will itself takes about another 5 – 10 days to be written and witnessed.
How should people store a will?
Ideally somewhere dry and fi reproof, a home safe is perfect of course. The Society of Will Writers
has a secret location in Wales in which they store hard copies of clients’ Wills, plus they have digital
copies on file for quick access. If Oakwood Estate Planning Ltd prepare your Will we offer you free storage in a secure fire proof safe.
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