This week working with clients, we have been looking at Wills, and the best way to make one according to their needs and personal circumstances. I have to stress here that I myself am not a Will writer. (although I have a Will Writer on the team)
My role is to support and inform clients of everything that needs to be considered and information, in preparation for the writing of the Will. As with so many other things in life, it is all in the preparation.
Once this is in place, then the rest can be relatively straightforward.
I have learnt so much in my time of working closely with my clients and also with professional and legal Will writing bodies who I am in touch with to keep abreast of new updates and considerations in the world of Will Writing and Estate Planning.
One of the many insights I gained this week was considering the costs of updating one’s Will when we have a change of circumstances. I would advise to always read the small print as what could seem like a really good deal for the making of a Will may have expensive update charges.
For example, I have made my Will with an online company which I find so convenient as I can go in and make changes at any time and I pay £10 a year for this. However, if I live for another 40 years, it means that I am paying an extra £400 for what was a free Will!
Now that is a very expensive Will! So do ask this question and check the small print when writing your Will with a Solicitor or Will Writer.
If you would like to get your Will Preparations in place, then book a call with me, to see how I can help you.
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Thank you so much!
Mala x
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