Making a Will
It is the responsibility of every adult to make a Will. This responsibility applies to husbands and wives, couples who are just living together, young people and old people, and people who are single. It is particularly important to make a Will if you own property or other assets, or if you have children from one relationship or perhaps from several relationships.
If you die without having made a Will then you leave behind for your loved ones a situation of great uncertainty and a great many unnecessary problems. Here are a few to consider:
- The loved ones you would have wished to benefit from your Will, if you had made one, may in fact now receive absolutely no benefits at all from your estate
- The loved ones whom you would have wanted to look after any of your minor children may not in fact be entitled to do so
- The loved ones whom you would have wanted to be able to continue to live in certain property owned by you may not in fact be able to do so
- The loved ones whom you would have wanted to continue to receive the benefits of your previous pension may not in fact be able to do so
You will potentially cause great conflict between, and great expense for, all the loved ones you leave behind, at a time that when they are least able to cope. Your own wishes may not in fact be carried out at all. It is true that solicitors make much more money out of unravelling Estates where there is no Will then they ever do dealing with Estates where the deceased has been prudent enough and responsible enough to make a Will.
There is therefore absolutely no question that it makes sense to have an up-to-date Will and that you will ultimately save yourself money by doing so, and perhaps more importantly save the loved ones you leave behind from unnecessary heartache.
Basic Will drafting service fixed fee: £250 + VAT
Mirror Will drafting service fixed fee: £395 + VAT
PROBATE & INTESTACY
When someone dies then the executors of their Will are responsible for collecting the estate in and distributing it in accordance with the Will. Executors are formally appointed, by the deceased, in their Will.
If the deceased hasn`t made a Will then the closest relative will need to be approved by the High Court as a Personal Representative of the estate.
We are able to provide appropriate representation and advice to both Executors or Personal Representatives, at what is always a very difficult time for the family.
Many Solicitors and banks charge a percentage of the estate for dealing with the administration of an estate. Here at Laker Legal Solicitors we believe that approach to be unfair and disproportionate. The firm`s fees are determined upon the complexity of the estate and not the size of the estate.
The firm`s national hourly charging rates are set at a maximum of £220 + VAT and that rate is for our most experienced Solicitors. Our practitioner’s hourly charging rates range between £140 – £220 + VAT depending upon their individual levels of experience.
Please see Probate fees for more information on specific probate charges.