03-08-2006, 09:46
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#1
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Next: STS-125 -HST Repair
Join Date: Sep 2003
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Making a will
Hi all,
Anybody got any advice on making a will?
I know you can get these DIY will kits - are they any good etc?
Cheers
Lee
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03-08-2006, 10:25
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#2
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Duh !
Join Date: Jun 2003
Location: S Manchester
Age: 60
Posts: 1,687
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Re: Making a will
Quote:
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Originally Posted by lsainsbury
Hi all,
Anybody got any advice on making a will?
I know you can get these DIY will kits - are they any good etc?
Cheers
Lee
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Bit young to be thinking of a will ?? Have you had some bad news !!
(PS: I DO hope not, I am only  )
__________________
Tone
Think outside the Fox
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03-08-2006, 10:35
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#3
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Next: STS-125 -HST Repair
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Re: Making a will
One word: Mortgage 
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03-08-2006, 10:52
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#4
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Link King
Join Date: Jul 2004
Location: Manchester
Posts: 1,528
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Re: Making a will
Apparently they aren't that good, can't remember why though. Just that mum and dad had bought them but then got it done at a solicitors instead.
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03-08-2006, 10:53
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#5
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cf.mega poster
Join Date: Apr 2004
Location: Minas Tirith, Gondor
Age: 43
Posts: 2,575
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Re: Making a will
Lee,
Find a local solicitor.
The problem with a DIY kit is the only time you find out there is a problem with the wording is after you are dead and then the courts have to figure out what you really wanted!
An example given to me by a probate lawyer was as follows-
Will said along the lines of "I leave £10000 to be split equally between charity A and animal charity B as long as charity B looks after my dog". His dog passed away before he died, and charity A went to court to say we want all £10000 as charity B can't fulfil the obligation to look after the dog! Nobpdy know whether he intended to say 'any surviving dog' or don't give money to B if I don't have a dog. (In the end they both got £5000 and kept several lawyers in business!)
My advice, if you don't want relatives fighting over your wishes, get a decent solicitor to make one up.
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03-08-2006, 12:02
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#6
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cf.mega poster
Join Date: Jan 2006
Posts: 6,111
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Re: Making a will
That is sound advice Aragorn
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03-08-2006, 13:06
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#7
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"Why I oughta..."
Join Date: Jun 2006
Location: Cambridge
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Re: Making a will
You're never too young to make a will. Do it now and then you don't have to worry about it!
My wife and I went to see a solicitor in a well-established local firm. They asked some questions, sent us a document to read, then we went back to sign and seal it. They store the original, we keep a copy, all for a one-off fee.
I'm so glad we did this, even though the cost was quite high (about the same as a new sofa). There is also the security of having it tailor-made by a professional, rather than a mass-produced DIY job. You only have to make one will (probably), so why not make it a good one?
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03-08-2006, 17:41
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#8
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Invalid E-mail - Please contact us with new e-mail address
Join Date: May 2005
Location: In my imagination - its nice!
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Re: Making a will
Some solicitors offer a low rate fixed fee to prepare a will as long as it is straightforward ie not 5 different houses, a couple of private islands, a classic car collection and 50 different beneficiaries, because it's easy money for them, standard format with minimal work involved. In Grimsby we've at least two well established, reputable firms offering a standard will for £80, not much money for peace of mind, if its happening here it must offered elsewhere, so it is worth making enquiries with a few firms in case they have a similar service 
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03-08-2006, 17:48
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#9
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cf.addict
Join Date: Mar 2004
Posts: 102
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Re: Making a will
A firm of lawyers in my home town will do a will for you for a donation to their charity, which is the local hospice. Last time I checked it was for a donation of around £60
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03-08-2006, 20:37
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#10
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Double-Choc
Join Date: Mar 2004
Location: Brighton
Posts: 1,950
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Re: Making a will
The DIY wills are good in the sense that they make you think about what you actually want to happen.
So buy a DIY kit, fill it in, then take it to your solicitor for her to do it properly
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03-08-2006, 22:30
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#11
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Meningitis sucks
Join Date: Oct 2003
Location: Bracknell
Age: 38
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Posts: 1,246
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Re: Making a will
I made a will a few years ago (was going to a dangerous place) and used some will writing software - when I returned, I spoke to a friend of mine whose wife is a solicitor, and she looked at the will and said that I might just as well have not bothered...
My advice is to pay to get one done properly, most solicitors will also hold the will for you (sometimes for a fee) so that should the worst happen, people are not searching the house for it (or should the house be destroyed the will would not be destroyed with it.)
I had a lot of time to think about this and decided that paying for it to be done professionally is the only option worth taking.
Just my 2c
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05-08-2006, 11:38
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#12
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cf.mega poster
Join Date: Jan 2004
Age: 46
Posts: 1,766
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Re: Making a will
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05-08-2006, 16:57
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#13
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"Why I oughta..."
Join Date: Jun 2006
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Re: Making a will
Quote:
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Originally Posted by Mike
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Excellent post - this makes the dangers clear, and illustrates (to those of us not familiar with legal terminology) the importance of hiring a good lawyer.
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05-08-2006, 17:29
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#14
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cf.member
Join Date: Aug 2006
Posts: 28
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Re: Making a will
Agree with what everyone else has said - never too young, and definitely get it done professionally!
Intestacy is a b'stard (sorry) - no control over where your possessions go. A well drafted will ensures the people you want will inherit.
Some Banks also offer a Will Writing service - sometimes cheaper than a solicitor, with the added security that it will be stored safely - solicitors have been know to fold 
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08-08-2006, 09:45
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#15
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Hello !
Join Date: Mar 2004
Location: East Midlands
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Posts: 10,998
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Re: Making a will
Let's say I was to get one done now, can you then add to it in say 10 years time or would you have to make a completely new will ?
Thanks.
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