DIY wills
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Transcript of DIY wills
IWC Estate Planning & Management Ltd. Regulated by the Society of Will Writers & Estate Planning Practitioners Registered Office: Suite 43-45 Airport House, Purley Way, Croydon, CR0 0XZ. Registered in England No. 4532330
DIY Wills
Making a will can be a daunting prospect, and finding an online form, or a pack that can be
bought from a stationers might seem like an easy, practical, inexpensive and ultimately perfect
solution to all that worrying about who to go to for advice.
However, DIY will kits can sometimes cause more trouble than peace, and although they are a
cheaper option, more often than not the old adage of 'you get what you pay for' really is true.
And it will be your family and loved ones who will have to sort out any problems that your
cheap will left behind.
Over half of UK adults have not made a will, and one of the main reasons for this is cost. A DIY
will can be as little as £10, whereas a will made be a solicitor can sometimes be upwards of
£300. That's a big difference, and one that many people see as a good one; they will use it to
their advantage. But in some cases it is most definitely a false economy. It can even be worse
than not having a will at all.
Any errors within a will can invalidate the entire document, and lead to major issues for
beneficiaries andexecutors. Errors include problems such as neglecting to sign the will, having
no witnesses, using beneficiaries to act as witnesses, the witnesses signing at different times
(they must sign together), forgetting to include the name of a guardian for any children, or failing
to put money into a trust account, should you need to.
Without a solicitor or expert will writer's involvement, the will could even be locked away and
not even found once the deceased has passed away. It might also never have been updated - an
expert's advice may cost more, but it tells you more as well.
Without expert advice, a will can be as good as useless, allowing nothing to be inherited, and
causing the estate to be found intestate.
IWC offer a range of will writing services, including home visits. We also offer an online will
writing form, but the difference between this and other online forms is that we check it
thoroughly, to ensure that there are no errors.
Contact us today for advice and guidance on writing your all important will.
Call us for a quote, instant help or impartial advice on Freephone
0800 612 6105 or 020 8150 2010