On-line will writing

[Diver]

My money all goes to asylum seeker and refugee causes

[NotAllThere]

I'm thinking of using this one to draw up my will: http://www.tenminutewill.co.uk/main....f=2736&page=58

That's the one I used. I think it's fine for setting out a basic inheritance path. Interestingly, we had one drawn up ten years ago with a solicitor. And the online one is to all intents and purposes identical and considerably cheaper!

We set it up so that:

1. the surviving spouse gets the lot.
2. then the kids (equally)
3. then any grandkids

If me, the missus, the kids and all the grandkids get wiped out, then we've worked out a few other paths.

We also specified the guardianship of our children - but our oldest will be 18 soon, so we'll change that so he'll get guardianship of his siblings.

Our situation is complicated by living in Switzerland, but what they do here is honour the inheritance laws of your home country, so long as no beneficiary challenges it. But only if you've made a will.

Making a will is probably one of the best things you can do for whoever you care about who might survive you.

[RichardCranium]

My wife assures me we sorted our wills out at the solicitor's on a Saturday morning (i.e. outside billing time).

[Tensai]

does this will writing thing have anything to do with your trip to aberdeen ?

I knew it was bad, obviously didnt realise how bad though

Just a coincidence, I've been meaning to sort this out for months, but like the other 87 things on my to-do list, I just haven't got around to it.

Do yourself a favour and take the hit. It could cost your family a great deal more than a day's billing to sort out your estate if you make a mistake in your will.

I've come to the same conclusion. And after charging clientco for being stuck oop North all weekend I think I can take the hit now.

[LostInBrussels]

This is an interesting article from Moneyweek:

Intestacy law is complex but follows some basic principles.

If you are single and have no children your estate will be split equally between your parents (whether they need it or not). If they are dead it is split between siblings. Next in the queue are grandparents, then aunts and uncles, and finally cousins.

If you are married without children and your estate is worth less than £450,000, then the whole lot will go to your spouse or civil partner. Anything over that amount is split equally between your parents, or siblings, or nephews/nieces (in that order) and your spouse.

Children always make life more complicated – especially when it comes to tax! Should you die intestate leaving behind a spouse and children, your spouse would get £250,000. Half of whatever is left is split equally among your children when they reach 18. Your spouse would get the income or interest from the remainder for the rest of their life with the capital being split amongst your children upon the second spouse's death. If a single person leaves behind children, they go to the front of the queue described earlier.

Bear in mind that if you are not married or in a civil partnership – this is not the same as a 'common law spouse' – then your partner will get nothing if you die intestate. Instead, your estate is split between any children you have. If you have none then the death estate assets flow down a list of people, depending on who is alive.

Once again the law starts with your parents. If they are dead an equal share goes to your surviving brothers and sisters. Next come half-siblings, then grandparents, then aunts or uncles, then half-blood aunts or uncles. If the statutory list has been exhausted every bean you leave behind goes to the Crown.

[DiscoStu]

Too much of a tightwad to take a billable day off....

Do yourself a favour and take the hit. It could cost your family a great deal more than a day's billing to sort out your estate if you make a mistake in your will.

[LostInBrussels]

WILL options.

I'm thinking of using this one to draw up my will: http://www.tenminutewill.co.uk/main....f=2736&page=58

Other charity options are:

Willaid.org.uk which is a charity scheme that operates in Nov. A solicitor will draw up your will for free, in return for a charitable donation of 75 gbp.

Or Cancer Research uk freewill service which will pay the first 100 gbp in solicitors fees if you are over 55.

[mrdonuts]

does this will writing thing have anything to do with your trip to aberdeen ?

i knew it was bad, obviously didnt realise how bad though

[Tensai]

Can't you just exchange emails with a solicitor? Most do use PCs these days.

The legal profession is renowned for being a bit reactionary when it comes to IT, particularly the smaller firms

[OwlHoot]

Has anyone out there ever used an on-line will writing service? Any recommendations? I haven't got time to go to a solicitor, and I'd rather not have someone come to the house.

TIA

Can't you just exchange emails with a solicitor? Most do use PCs these days.

[Tensai]

Just how little time has the doctor given you???

Too much of a tightwad to take a billable day off....

[RichardCranium]

Has anyone out there ever used an on-line will writing service? I haven't got time to go to a solicitor

Just how little time has the doctor given you???

[Tensai]

Has anyone out there ever used an on-line will writing service? Any recommendations? I haven't got time to go to a solicitor, and I'd rather not have someone come to the house.

TIA