The purpose of writing
a will is threefold – to name your executors, to distribute
your estate according to your wishes and to mitigate any inheritance
tax.
There was a time
when writing a will was an extremely specialist venture, requiring
the not inexpensive services of a legal expert from start to
finish. So often was it said, only partly in jest, that once
the will had been made there was little left to leave.
That cannot be said
today. With a plethora of low cost will-writing services available
in most localities it really is just a question of taking some
time off and answering some questions before it can be done.
Although it is still important that somebody with legal knowledge
and qualifications assists in the process of drawing up the
will, this does not mean the cost will be prohibitive. In fact
there are many different options available, particularly to
people on low incomes and others who are vulnerable.
Some trade unions
offer free or heavily discounted will-writing services to their
members. Certain people on low incomes qualify for free advice
from the Community Legal Service. Legal insurance as part of
home or car insurance policies sometimes includes the provision
of will-writing templates for those whose affairs are likely
to be relatively uncomplicated. Alternatively there are a number
of charity-based schemes offering free or low cost will-writing
services, as well as numerous solicitors offering an online
service at a competitive price.
Lastly there are
numerous simple templates which will enable you to do the bulk
of the work yourself, especially where everything is reasonably
straightforward.
Low cost
will-writing services are now effectively available to everybody.
They are a common and easily accessible resource and one which
there is no reason, provided due caution is exercised, not to
take advantage of. Please see some of the will-writing websites
above and find a low-cost will-writing service online today.