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MAking A Will
Fixed Fee Will Writing from £175 + vat
FROM THE 1ST OF APRIL UNTIL THE END OF LOCKDOWN WE WILL DONATE 15% OF THE COSTS FROM ANY WILLS WE DRAFT TO THE NHS
Will Writing Solicitors North Wales & Cheshire.
Are you ready to make a Will?
A Will Writing Solicitor is a qualified legal professional who will work with you to create a robust and legally binding document to express your choices and instructions on how your wealth, assets and estate will be divided and distributed after your death.
For many of us, it can be tough to face up to the prospect of not being around one day to care for those around us. It is for exactly for the purpose of protecting those around you that makes having a Will, written professionally by a qualified Solicitor, one of the most important and positive actions we can take in life.
Not making a Will leaves things to chance and failing to adequately plan for the future can leave your estate and personal wealth open to higher levels of taxation than may otherwise have been necessary. The lack of a Will can also leave your family and loved ones facing problems at a time when any form of additional pressure would be unwanted and unwarranted.
Writing a Will is the only way to ensure your wishes are upheld after your time, and to ensure the best provisions are made for those around you.
The Will Writing Solicitors at PSR Solicitors in North Wales & Cheshire will consult with you closely in order to understand and document exactly what should happen to your money, property and possessions when you have gone.
This important step will give you great peace of mind that you have prepared and done all you can to carry on caring for those dearest to you. A Will ensures your assets will be divided and shared amongst the people you wish to benefit.
For more information about our will writing services, contact us today.
How much does it cost to write a Will with a Solicitor?
We offer a fixed fee service for a will and we charge £175 plus VAT. If we make a Will for two people (in a cohabiting relationship) at the same time (Mirror Wills), then we will charge £250 plus VAT as a combined price for both Wills.
If you have an existing will but require something changing, this may be able to be done by Codicil. We offer a fixed fee service for this of £90 + VAT
If your Will is particularly complex, (due to 2nd marriages, property portfolios or offshore assets), then we may need to charge more, and your exact circumstances will be considered on a case by case basis and discussed in advance of you giving us instruction.
Making Your Will
Anyone aged 18 or over and of sound mind can make a Will. Although you may think your situation is simple, either because of the nature of your family structure or because you don’t have vast wealth or complicated assets to distribute, the process of thinking carefully about different outcomes can throw up some challenging points to consider.
Today, there are numerous online will making services offered to people by commercial business of varying degrees of comprehensiveness and some of questionable integrity.
Given that a Will is a legally binding document with the potential to ensure your wishes and instructions are guaranteed to be enacted the way you intended, it is vital and of great value and reassurance to seek expert legal advice from fully qualified Will Writing Solicitors.
It makes no sense to leave things to chance or to create risks for your loved ones to navigate.
Forward-thinking and planning about such an emotive, yet, unavoidable time of our lives can be uncomfortable, or perhaps feel too complicated to consider, but it is the only way to protect your wealth and assets and guarantee that they are divided and shared out as you would want.
We will provide the best legal advice when you feel the time is right for you to make your plans for the future. We help make the process quick yet comprehensive, but also positive in providing you with the confidence that your loved ones will be looked after in the ways you want.
By selecting PSR Solicitors to make your Will, you are guaranteed that you will receive the best legal advice available. We provide a thorough and cost-effective Will Writing service that will best support you and your family, including:
- Preparation of a draft copy for your approval before you sign the final version.
- Ensuring the will is valid and that it is signed and witnessed correctly.
- Providing you with a copy of your will.
- Creating Mirror Wills if you and your partner choose to make a will at the same time
- Storing your will securely
- Codicils; revising your Will.
We can also offer expert legal advice on setting up trusts for children, inheritance tax planning, living wills, probate and Lasting Powers of Attorney.
Why Should I Make a Will?
Think about it this way. You’ve worked hard all your life to build up your assets, wealth and to create a certain quality of life for your family. You’ll have paid ample amounts of tax on your earnings along the way. So, surely you alone should decide where your wealth goes after you die and how your family, loved ones, friends and good causes stand to benefit. This is absolutely your right.
Without a Will, the reality you want for those you leave behind simply may not take the shape the way you would have hoped. You could find:
- Assets are handed to the wrong people
- UK Courts decide on matters that should have been your decision
- Legal disputes could arise between family members you leave behind, incurring expensive legal bills.
- Your inheritance tax contribution ends up higher than it may otherwise have been
Making arrangements for life after you’ve gone is not the most appealing thing for any of us to consider, but our Will Writing Solicitors and Estate Planning teams are here to help make these arrangements with you and for you, and, in total support and appreciation of what you want.
Taking the time to consider the future is quite simply the right thing for everyone to do.
The Benefits of Making a Will
By making a will you can:
- Stipulate which people or charities you want to benefit from your estate (Beneficiaries) and how much you would like each of them to receive
- Appoint a trusted family or friend to take care of your children (Guardianship)
- Appoint people you trust to administer the terms and instructions of your Will (Executors).
- Leave gifts of specific items or fixed sums of money (Legacies).
- Create Trusts to preserve wealth for future generations or to provide long term support for vulnerable or disabled beneficiaries.
- Stipulate your exact wishes surrounding your funeral.
There are many benefits in making a Will that legally records your future wishes. When considering what could happen to those you love most if you don’t make a will. The choice for all is clear.
What Will Happen if You Don't Make a Will?
If, when your time comes, you die with no Will in place, then your entire ‘estate’ (property, investments, assets, shares etc.) will be subject to the Rules of Intestacy.
This is called ‘dying intestate’ which often results in imperfect decisions being made on your behalf. Even worse, those you love could be left with less than adequate provision altogether.
Indeed, your assets and wealth could end up being divided and shared out in ways that you simply would not have agreed with at all.
Frankly, the courts do not care about or consider your personal relationships after you die. The rules are strict and clear, Rules of Intestacy can sometimes leave those you love and care for most with nothing.
Laws of Intestacy prioritise estate value wealth distribution to your closest relatives, with spouses first, then followed by children, parents, siblings and so on. For many people in modern-day society, these historical rules can lead to dire consequences, given that many modern family structures are vastly more complex than these archaic laws were designed to cater for.
For instance, if you cohabit with an unmarried partner but are not married, then if you died intestate, your property would go to your closest relatives in the order set out above. This could leave your partner without anywhere to live.
There are other problematic consequences to be wary of in leaving no Will, for example, there is no provision under UK Intestacy Law for stepchildren, even if you have been a stepparent for years and consider these children as your own.
If you have any concerns at all, you should talk to one of our expert Will Writing Solicitors in Cheshire or North Wales to ensure your family or your loved one’s needs are enshrined in law, with your wishes at the heart of all decisions to be made.
Family Scenarios where no Will is left
- James and his partner Louise have been together 30 happy years. Louise’s first husband, Mike left her 35 years ago (they had no children), she hasn’t seen him since but they never applied for the Decree Absolute. If Louise dies, Mike gets the bulk – if not all – of her wealth. James ends up with nothing.
- Pete has 3 children and 1 stepchild who he’s raised and loved as his own. Pete’s wife (and biological mother of the stepchild) died some years back. If Pete were to die, his estate would be split evenly between his 3 biological children and the stepchild would receive nothing.
- Stanley, an elderly man who lives on his own with no known relatives. Stanley has developed a strong relationship with the family who live next door to him over the last 20-year period. They have come to treat him as part of their family and cared for him greatly in his final two years of life with an illness. When Stanley died, his beloved adopted family receive nothing, and his Estate may be split between his distant relatives.
Revising a Will
Life has a habit of surprising us, and none of us can see where the land may lie in a few years from now. If you already have a Will and your circumstances change, you may want or need to change your Will.
Reasons to ‘Change your Will’ include but are not limited to:
- You were married when your Will was written, and you have since become divorced.
- Your children have grown up and had their own children. You may wish now to make special provisions for your grandchildren.
- You might want to change which beneficiaries receive specific proportions of your estate’s value
- You get married. Marriage revokes a Will in England and Wales (but not Scotland)
- You may have an irreconcilable fallout with a family member already written into your existing Will as a beneficiary. You may now wish to exclude them.
Depending on your reason and what needs to be changed, there are essentially 2 options:
- A codicil; a signed and witnessed separate document (an addendum) to the Will.
- Have a completely new Will written
We urge you to remember, you are unique, there is no such thing as a standard or normal Will. Your Will should be a personalised legally binding representation of your wishes, providing clear instruction on how your estate should be divided and who should benefit.
If you are wondering about how to change your will? You are not alone and PSR’s Will Writing Solicitors can help. Lots of people choose to change their Will when life changes take shape.
What about Writing your own Will or using an online service?
It is possible to draft your own Will, but as this is one of life’s most important documents and as legal professionals. We would always advise clients to have a professionally drawn up Will drafted by a Will Writing Solicitor.
Your Will needs to be legally watertight to ensure it is not open to challenge and only an experienced and qualified Will Writing Solicitor can guarantee that all is as it should be in the eyes of the law.
Clients get more reassurance from being safe in the knowledge that their Will has been written correctly from a legal perspective, and peace of mind, especially in later life is priceless.
If you want to guarantee that your wishes regarding your estate are followed to the letter, then a Will constructed properly by one of our Wills & Probate Solicitors will provide complete confidence.
We would also point out that where clients have an extensive estate portfolio or a complicated family background then it is even more crucial to have the Will drafted by a qualified legal professional.
Why Choose PSR when it's time to make a Will?
We approach all Wills & Probate work with the utmost professionalism, sensitivity and with a strong commitment to delivering exceptional client-care.
Our Will Writing Solicitors are regulated by the Solicitor’s Regulation Authority for England & Wales. We are also a LEXCEL accredited Law firm, so, we have achieved standards excellence in the management of our practice and in client care.
We stay up to date with changes to the relevant legislation and rules surrounding inheritance tax thresholds, ensuring we are always able to offer our clients the best advice.
We understand the distress and difficulty that bereavement causes, and we treat all our clients with respect and dignity.
Get in Touch with our Will Writing Solicitors in North Wales & Cheshire
PSR Solicitors have long been recognised as a leading Wills & Probate Solicitors practice in North Wales and Cheshire.
We offer a first, free consultation over the phone or in-person with no-obligation, with our Will Writing Solicitors in Wrexham, Rhyl, Colwyn Bay, Shotton (Deeside) and in Cheshire (Ellesmere Port).
We regularly act for clients on 'end of life' matters such as Estate Administration and Will Writing across North Wales, Cheshire, Liverpool and Merseyside, but we can support your needs wherever you live in England and Wales.
Contact us in confidence, safe in the knowledge that one of our legal professionals will support your needs and put your needs first.
We will respond to any query within one hour of normal office hours, or the next working day if you contact us during the evening or at the weekend.
We are proud of the Wills Writing services we provide and the positive difference we make for our clients. Our experienced Wills and Probate Lawyers are experts in their fields. Talk to us today.
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