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Writing A Will – What Are Your Options?

Writing A Will – What Are Your Options?
Writing A Will – What Are Your Options?
Mon Mar 5

When it comes to writing your will, there are a number of options that you can choose from depending on your personal preference and financial circumstances.

From relying on the expertise of solicitors to choosing to go it alone with a do it yourself will, read on to find about the different ways that you can go about writing a will.

Writing it yourself

While this is the cheapest way to go about producing a will, it is also the most risky option.

For a will to be valid, it needs to meet certain criteria that the average person is unlikely to be unaware of.

Because of this, it should only really be considered as an option for people that have very simple affairs.

For example, if you are married or in a civil partnership and have children, you may choose to leave everything that you own to your spouse or split it between your children in equal shares.

Be sure to search online or in stationary stores for will templates that you can use and also have your will signed, dated and witnessed properly.

Hiring a solicitor

Solicitors are experts when it comes to writing wills so if you are keen to achieve something that is both legally sound and performs in exactly the way that you want it to, you should consider hiring one.

Solicitors are particularly beneficial if you have a complex family situation that may include former partners or estranged children and you want to be sure that your estate is divided in a way that is fair for everyone.

Relying on a solicitor is also a good option if you want to protect the interests and welfare of somebody when you pass away, such as a disabled family member.

Remember that the more complex your affairs are, the higher the rates will be.

Using a will writing service

This is the middle ground option and is good for people that don’t want to fork out huge sums of money on solicitors but equally don’t feel competent enough to write a will themselves.

A will writing service will provide you with some support and guidance, but it’s important to recognise that your will writer might not necessarily be legally qualified, so may not be able to offer the same type of service that a solicitor can.

Will writers are also not regulated, meaning that there is less opportunity for you to be compensated if anything was to go wrong.