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NATIONAL WILL WRITING WEEK

 

Next week is National Will writing week so it seemed appropriate to write an article on preparing a will. The internet is full of offers of cheap wills but consumers need to be aware.

The first thing to ensure is that the will writer is properly trained, qualified and insured. At the present time will writing is an unregulated profession. So anyone can prepare one. The consequences of getting it wrong can be very serious indeed.

The next thing to ensure is that the will writer does not appoint themselves as an executor or joint executor. If they do so it may prove very difficult for your beneficiaries to remove them when the time comes.

Thirdly it is worth checking to see what fees the solicitor or will writing firm are likely to make for obtaining probate Many relatives ask the firm holding the will to act for them because they do not feel like shopping around when they have recently been bereaved.

Finally make sure that your will is stored somewhere secure and can be found when it is needed.

NATIONAL WILL WRITING WEEK

22/04/2010


Next week is National Will writing week so it seemed appropriate to write an article on preparing a will. The internet is full of offers of cheap wills but consumers need to be aware.

The first thing to ensure is that the will writer is properly trained, qualified and insured. At the present time will writing is an unregulated profession. So anyone can prepare one. The consequences of getting it wrong can be very serious indeed.

The next thing to ensure is that the will writer does not appoint themselves as an executor or joint executor. If they do so it may prove very difficult for your beneficiaries to remove them when the time comes.

Thirdly it is worth checking to see what fees the solicitor or will writing firm are likely to make for obtaining probate Many relatives ask the firm holding the will to act for them because they do not feel like shopping around when they have recently been bereaved.

Finally make sure that your will is stored somewhere secure and can be found when it is needed.
Approximately 1/3 of all wills in secure storage facilities are never retrieved.

 

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