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to think that charging £450 for Wills is too much?

(37 Posts)
Bluehyacinth Tue 30-Apr-13 05:46:10

Have been quoted £450 from some solicitors in town to do wills for me and husband. Then there's VAT on top, so altogether nearly £550!

AIBU to think this is rediculously expensive? Are the will packs from Smiths any good?

Tee2072 Tue 30-Apr-13 06:04:35

Are they very complicated? I think we paid £125 for both of our wills.

VivaLeBeaver Tue 30-Apr-13 06:07:57

Marlow wills is very good. Google them, the lady is a mumsnetter. She will do it via phone and post. I think she charges about £150 for two "mirror" wills.

ohforfoxsake Tue 30-Apr-13 06:09:55

Have a Google for WillAid. I think it's usually later in the year, but law firms sign up and you make a donation to charity.

Furball Tue 30-Apr-13 06:26:10
DeafLeopard Tue 30-Apr-13 06:28:42

YY to Marliw wills. Mumblechum is ace. And way cheaper.

BeckAndCall Tue 30-Apr-13 06:53:56

Depedns if your affairs are straight forward or not.

By the time you've got say a buy to let property, or step children, or a private pension, or want to provide for your own siblings, or have commitment to elderly relatives, then you're into more complicated territory.

You wouldn't want to get it wrong by going for a standard off the shelf approach, would you?

ArabellaBeaumaris Tue 30-Apr-13 06:56:44

Another plug for marlow wills. Very reasonable & very straightforward.

ParadiseChick Tue 30-Apr-13 07:27:41

Are you part of a union? Some have free wills as one of the member benefits

mumblechum1 Tue 30-Apr-13 07:50:10

Thanks for the plugs ladies!

OP, no matter how simple or complicated your circumstances, I can certainly help (qualified lawyer with 25 yrs experience).

Have a look at my paid for advert over on Classifieds (5*Willwriting Service Recommended by Mumsnetters).

There's a special offer on at the moment.

smile

annh Tue 30-Apr-13 08:16:46

We have just redone our wills and wrote the cheque out last night for £420, inc VAT. That might have been a slight reduction in the solicitor's usual costs as he is a friend but we thought it was money well spent. Even though I consider our affairs straightforward, it's amazing how many points are raised during the process, particularly once you have children. If you died before they were adults, e.g., at what age would you be happy for them to have access to their inheritance? And what are the effects of preventing them from having access before, say, age 25 as opposed to letting them have the money when you die? In our case, we haven't always lived in the UK and I am not British so there is a question of where I would be considered to be domiciled if I died tomorrow, something that we would never have known about. It's such an important document, I don't think it's an area where anyone should cut corners.

handcream Tue 30-Apr-13 10:16:24

I attended a 'Planning for Retirement' talk at work last year.

One of the attendees said his father passed a year a few years ago and tried to do the will himself using the Smiths pack. He pleaded with us to never go down that route. His father had missed a key area around having his signature witnessed and it ended up null and void.

When we did our wills a few years ago my DH decided he couldnt be bothered to go to the solicitors office and only signed the back page of the will as opposed to all pages!

So, please, do it properly. Its a minefield

mumblechum1 Tue 30-Apr-13 10:20:41

Yes, you certainly do need expert advice. When I worked in high street practice I was charging around £400 inc VAT. The reason I can do it for much less as a freelance is that my overheads are minimal and my firm is currently exempt from VAT

knittingirl Tue 30-Apr-13 11:00:15

It's a legally binding document and so important to make sure it's done right and that everything is covered. To ensure that you need someone who knows what they are doing, who has trained and works professionally and can guide you through the process - that will take hours of their time so no, I don't think that it is unreasonable.

mumblechum1 Tue 30-Apr-13 12:39:39

OP, whether you use Marlow Wills or not, make sure that you use a will writer who's a full member of the Institute of Professional Willwriters.

whistleahappytune Tue 30-Apr-13 12:43:43

Just to say good for you OP, for dealing with your wills. Excellent advice being offered here. All I will add is that no, WH Smith packs are not good.

Scholes34 Tue 30-Apr-13 12:44:37

I think we paid something in that region. We had a home visit and some very blunt questions to answer, face up to and consider, such as no matter how much I love and adore my SIL, my DBro would have sole responsibility for my DC should anything happen to us as we wouldn't want our DC to become a part of any fall out between SIL and DBro.

For the fee we paid, the person who wrote up the wills also stores a copy for us.

MrsGJones Tue 30-Apr-13 12:49:03

We had our wills done through the WillAid scheme last November. 2 wills, quite straightforward ( we have 2DDs), the solicitors are storing a copy, all for £140.

mumblechum1 Tue 30-Apr-13 12:52:45

Have replied to your PM OP, look forward to speaking to you soon smile

babybarrister Colombia Tue 30-Apr-13 21:16:11

Just remember that there is nothing lawyers like better than home drafted wills gringringrin

Mine cost about £100 about 8 years ago, from a local solicitor, but then it was very straight-forward

Solaia Tue 30-Apr-13 21:28:04

When I used to draft wills we charged £500 plus VAT and that was five years ago. It included a few face to face consultations and advice as well as storage in the lead-lined Will Safe. Even at £500 they were loss-leading, and were used to draw future business in.

Solaia Tue 30-Apr-13 21:28:31

£500 for mirror wills, to clarify.

diamondsneezer Tue 30-Apr-13 21:36:18

We used Willaid a few years ago.

Brief explanation - solicitors write your wills (so long as they are reasonably simple), you 'donate' £135 for mirror wills (both of you leave to each other, leave to the children, etc.) and this goes to charity.

Willaid raised nearly £2 million for the 9 charities last year. It's on in November and you need to book - nearer the time.

More information here

kim147 Tue 30-Apr-13 21:55:05

Mine was done free by my union.
It's a case of who gets the life insurance and house (but has to pay off the mortgage and my debts)

Not over complicated.

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