Will Writing and Storage
Making a Will can be an emotional and daunting task but is an important step in safeguarding the future of your loved ones. A well-crafted Will can provide protection and is one of the most important steps you can take to ensure that your wishes are carried out after you are gone. Without a Will, you lose control over how your assets are handled and distributed.
Will Writing
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Single Will - £125
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Mirror Wills - £200
A Will is a legal document which sets out your wishes for when you die.
You appoint Executors to handle your estate and your chosen beneficiaries to inherit. You may also include sections such as guardians or any specific gifts.
Without a Will, you lose control over how your estate is distributed.
Will Trusts
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Single Will with Trust- £225
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Mirror Wills with Trust - £400
A Trust can add an extra layer of protection to your Will. A Trust works somewhat like a box, instead of the assets passing directly to your beneficiaries the assets go into the box (the Trust) for safekeeping, adding protection against various factors.
We offer two types of Trust:
Property Protection Trust
A Property Protection Trust, also known as a Life Interest Trust, is a tool to ‘ringfence’ your property to protect it for your beneficiaries.
Common uses for this Trust include protection against hostile creditors or protection against remarriage.
The Trust allows for a person to remain living in the property without owning it. At the end of the Trust, the property passes to your beneficiaries.
Discretionary Trust
A Discretionary Trust allows you to leave an inheritance for your beneficiaries at the discretion of your Trustees. The Trust can benefit a number of people (you must have at least two beneficiaries) and allows the Trustees to distribute the assets as they see fit. You can write a Letter of Wishes to your Trustees to give them guidance.
Common uses for this Trust include protection against a beneficiaries change in circumstances (such as marriage/divorce or financial hardship) or to protect a vulnerable person who may not be able to manage their own inheritance.
Will Storage
Your Will is a very important document. It should be kept safe as if it is lost or damaged in any way, it could be invalid.
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Single Will - £20
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Mirror Wills - £30
Taken by annual Direct Debit. You are free to cancel at any time.
We can store other documents such as LPAs or deeds.
You will receive a storage ID card and a copy of your Will for your records.
The storage package also entitles you to free amendments to your Will in the future.
* All prices are inclusive of VAT.