Will creation is an important task that we should all consider to ensure our final wishes are met. Often, this decision is left until a time of crisis, which leaves room for disputes or critical situations where a Will cannot be done.
Many people do not want to think about making a Will and none of us like to think that one day we will not be here, but it is important to consider the difficulties that are left for our loved ones if we do not have a Will in place.
When a Will is not in place, assets are distributed in line with government legislation, which means that those who are most important to you, could be left with nothing.
At Terrells LLP, we are specialists in family law, which means we understand that each family is unique and we are here to help you understand exactly what you need to protect and how to proceed.
Specialist Will Writing Solicitors
Making a Will is a way of ensuring that your wishes are carried out in the future. It also allows your family members to deal with your assets more efficiently and with the knowledge that everything has been given to the right people, just as you wanted.
We advise all of our clients to make a Will, whether they are single, cohabiting, married, separated or divorced and even if they think they have nothing to leave at the time.
Making a Will allows you to, amongst other things:
Nominate a person or people who you trust to collect in your assets
Pay your debts and liabilities
Distribute your estate to your chosen beneficiaries
State if there is anyone who you do not wish to inherit from your estate
Appoint guardians for your children
Express wishes about your preferred funeral arrangements
Terrells LLP can ensure that all of the necessary formalities are complied with.
Related Expertise
Why Choose Us?
To give you peace of mind and avoid problems after your death, you can take steps now to make a Will through Terrells.
We can arrange an initial appointment, either at our offices or at your home, to meet you and discuss your requirements. We then prepare a draft for you to consider. Once completed, we arrange to meet you again so that you can sign the final document.
We can even store your original Will for you in our secure storage facility should you wish.
We are fully regulated by Solicitors Regulation Authority and Members of Resolution, the UK Family Law Association.
Will Writing FAQs
We advise our clients to review their Will every 2-5 years.
However, if there have been major changes to your life such as getting married, divorce, having children and other change in circumstances, it is advisable to update your any prior document to reflect these changes.
In particular, unless a Will is made in contemplation of your marriage, it becomes invalid should you later marry.
Our fee for a simple Will is £300 plus VAT. This is based on the following assumptions:
- Up to two Executors
- Up to two substitute Executors
- Up to two specific gifts
- Up to two legacy beneficiaries
- Residuary state passing to up to four beneficiaries on first death
- Substitute residuary estate passing to lineal descendants/charities
Where a Will is more complex, prices shall increase. For example: –
- Complex residuary estate and substitute residuary estate
- Providing for pets
- No provision clauses
The inclusion of a life interest trust for a surviving partner/spouse to remain living within the property until they pass away
Severing a tenancy in relation to a property to allow a separate share owned by you to be gifted to beneficiaries of your choosing (additional £100 plus VAT)
A mirror Will is one which is identical to that of a spouse or partner. Our fee for simple mirror Wills is £450 plus VAT. This is based on the following assumptions: –
- Appointing your spouse as Executor on first death
- Appointing up to two substitute Executors on second death
- Up to two specific gifts
- Up to two legacy beneficiaries
- Estate passing to surviving spouse on first death
- Estate passing to lineal descendants/charities on second death
Where mirror Wills are more complex prices shall increase. For example: –
- Three or more specific gifts within the Will
- Three or more legacy beneficiaries within the Will
- Complex residuary estate and substitute residuary estate (additional £100 plus VAT)
- Providing for pets
- No provision clauses
- The inclusion of a life interest trust for a surviving spouse to remain living within the property until they pass away
- Severing a tenancy in relation to a property to allow a separate share owned by you to be gifted to beneficiaries of your choosing (additional £100 plus VAT).
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