As pointed out elsewhere there are places to get DIY wills. However, personally, I would seek professional advice from a solicitor and get them to do it. The chances are they will save you far more (in IHT) than it actually costs through their knowledge and experience. I read a story a while ago that solicitors actually make more money out of untangling DIY wills after someones death than they do in actually writing wills in the first place. In all likelihood you'll be doing your heirs a big favour by getting it done professionally at the outset.
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Crikey, is the traffic that bad then?Originally posted by css_jay99Comment
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Nah! He's a contractor. Not knowing what offers he gets during the day...he never knows where he will end up tomorrow!Originally posted by css_jay99Comment
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I have a will, I'm 30 and have had one for about 8 years, got my solicitor to draw one up, it did run to several pages, as its deals with family, children, investments etc. can't remember the price, but does the price really matter at least you know it is all legal and correct.
One thing to remember is to keep it up to date with your personal changes, not so much if you buy a new flat/house as an investment because things like these are covered as a group not separate items.
SA says;
Well you looked so stylish I thought you batted for the other camp - thats like the ultimate compliment!
I couldn't imagine you ever having a hair out of place!
n5gooner is awarded +5 Xeno Geek Points.(whatever these are)Comment
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On the avoiding inheritance tax end if you are about to remortgage at any stage you can get is down as co-ownership rather than joint ownership with your partner.
This means that you both own half the house rather than you both owning the whole house.
As half a house can not be sold or mortgaged. it has a legal value of £0.
Very quick win for lessening inheritance tax.
just bmy 2p worthComment
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Great name btw - can you provide links for this?If you think my attitude stinks, you should smell my fingers.Comment
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