Property News · February 9, 2015

The dangers of DIY wills


It may be cheaper to avoid using a professional, but a simple mistake can mean paying a much higher priceDrawing up a will is essential a way of ensuring that your savings and assets are distributed according to your final wishes, yet many people fail to prepare one for fear of the cost. If you go to a solicitor, a basic will can start at between £100 and £300, but the bill could rise to £600-plus for inheritance tax advice or more complex planning.By contrast, DIY wills offer a far cheaper alternative, usually costing around £20, with less than £10. Look online, and it’s possible to pick up a DIY kit from WH Smith for £16.99; cheaper options still are available on Amazon and other retail sites. Continue reading…

Source : theguardian.com
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