Writing a clear, comprehensive and legally defined Will is a vital way of ensuring that your assets are passed on in accordance with your requests. But writing a Will is not something that you do every day and, at first, they can appear to be a daunting, time-consuming and could potentially become an expensive process.
However, Wills do not need to be complicated. Theoretically, you could simply handwrite a letter that is witnessed and sealed and keep this as a record of your Will. Although, this type of document can be easily contested and could generate future complications. As a result, DIY kits are becoming increasingly popular. However, there are a range of home and DIY approaches to consider.
Template kits
Template Wills are simple, budget-friendly and easily obtained from high street and internet stores. Typically, they will provide an overall guide along with pre-written forms for most of the areas that need greater consideration, such as estate planning and general advice.
DIY Will kits
If your estate is relatively simple and straightforward, using a DIY Will kit can be ideal. If you are married, have no dependents or only a few assets to consider, it can also be cost-effective and time efficient. DIY kits can cost as little as £4.95 and can be completed in the comfort of your own home. If considering a DIY kit you should find a solutions that includes a professional Will check, physical or online storage and advice around other areas such as estate planning. Using a comprehensive DIY Will kit in these circumstances could provide you with everything that you need.
Bespoke Will services
Many estates are more complicated than they may seem. An estate can consist of savings and financial reserves but often digital assets such as online media, internet store accounts, online banking and subscriptions should be considered within your Will. If your estate is a little more complicated, then you almost certainly require the help of an expert to compose a bespoke Will. Their service should include specific consultations that cover estate planning and they will consider a broader range of assets along with tax and trusts planning. Bespoke Will services can be more costly than home kits, but will offer peace of mind for those with more extensive estates.
To examine the range of Will writing services that we offer, then see our Will writing service page.
For honest advice on generating your Will, our team at IWC Probate Services are on hand to help you. Contact us by calling 020 8017 1029 or email us at info@probatelondon.co.uk with any questions or queries that you may have, or to book an appointment with us.
