Enlisting the services of a qualified solicitor to draw up a Will is typically the most common approach of achieving this important task.
Will writing solicitors in North Wales and other parts of the UK provide a comprehensive and dependable service. While there are costs associated with a Will written by solicitors, these are often mitigated by the considerable benefits that a professional service brings.
Importantly, when a solicitor draws up a Will you know that the job is conducted correctly, providing you with peace of mind knowing you have saved those left behind a great deal of stress and that your wishes will be carried out to the letter.
Why use a solicitor to make your Will?
Wills solicitors in North Wales and other regions can give you confidence that these crucial legal documents are error-free. Common issues with Wills like signatures omitted and incorrect witnesses used can mean they are invalid upon death. Employing a certified solicitor can minimise such risks.
When you task solicitors with drawing up a Will, the most complicated parts are managed on your behalf. For instance, laws surrounding estates like Inheritance Tax (IHT) are complex, but solicitors are familiar with legal requirements can help you make beneficial choices.
Another key advantage of having a solicitor’s help is that your Will is securely stored. Once designed and signed, an original copy of your Will is kept safe by your solicitor.
How much does it cost for a solicitor to make a Will?
The cost of solicitors drawing up a Will can vary depending on certain factors. For instance, the complexity of your estate can have an impact, but also the location of the firm of solicitors. As a rule, always select solicitors that offers total transparency with regarding costs.
Complicated Wills typically cost more to create. Examples of complex Wills include family situations involving divorce and children, but also those involving overseas properties and advice on tax planning. If you and your partner or spouse want to create the same Will simultaneously, mirror Wills are often cost less than drawing up two individually.
Is it best to make a Will with a solicitor?
Perhaps the best reason for having a Will written by solicitors is the protection you receive if an issue arises. The Solicitors Regulation Authority (SRA) regulated all solicitors ensuring they are acting within the law and using best practices. However, there are number of personal circumstances where people are strongly advised to get a solicitor to create their Will. Mistakenly, many people believe they’re affairs are simple and that they only need a basic Will, however they may have complex circumstances that require expert attention.
If your intended Will includes wishes which are complicated, or may be misunderstood, solicitors are essential. They are also a wise choice for Wills that involve overseas assets like holiday homes and when you operate a business, and it forms part of your estate, but also when you have a complicated family situation. For example, if you wish to put arrangements in place for a child or loved one with a disability or have children through a previous partner.
A solicitor-written Will is also a good idea if your loved ones are likely to have to pay inheritance tax (IHT) on your estate after you die. At present this is typically paid on estates with a value of over £325,000 for an individual, or up to £650,000 for married couples.
Additionally, you can select to appoint the solicitors that write your Will to act as the executor of your estate. This means that they manage the arrangements of your estate upon death.
Are you looking for dependable Wills and probate solicitors in North Wales?
At Bennett Smith Solicitors, we specialise in Wills and probate in the North Wales area. As part of our service, we offer expert legal advice to individuals who wish to make personal Wills and those who need assistance to administer an estate upon death.
Despite the value of a personal Will, many people in Wales and the wider UK neglect to put this essential measure in place. Drawing up a Will while you are alive can save your loved ones considerable stress at a difficult time and make certain that your wishes are understood and acted upon.
Offering the highest levels of client care, we pride ourselves on a rapid turnaround when you need a Will written quickly. Reach out to our team today when you need advice and assistance from probate solicitors in North Wales you can trust.
