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Making a will... How much does it cost.
Student_of_£
Posts: 68 Forumite
Hi, I've been looking at the laws of intestacy and although I may seem precocious, you never know what is around the corner, I think I need to make a will.
The reason for this is I believe that my dad (formerly estranged for 19 years) would inherit my estate, and I DO NOT UNDER ANY CIRCUMSTANCE want that to happpen.
I don't have a partner / children / grandchildren.
How would I go about making a will and how much would it cost?
Thanks
The reason for this is I believe that my dad (formerly estranged for 19 years) would inherit my estate, and I DO NOT UNDER ANY CIRCUMSTANCE want that to happpen.
I don't have a partner / children / grandchildren.
How would I go about making a will and how much would it cost?
Thanks
0
Comments
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I made a will about 5 years ago and it cost me £120. I'd goto a solicitor to make the will0
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If you know what you are doing you can DIY for nothing. If you don't seek professional advice0
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If your mother is still around, it is her who would inherit first.
,
Google Will Aid, or AgeUK you can get free ones with a donation to the organisation.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
If your mother is still around, it is her who would inherit first.
,
Google Will Aid, or AgeUK you can get free ones with a donation to the organisation.
Where does that come from?
Intestate both parents inherit 50% share
http://www.hmrc.gov.uk/manuals/ihtmanual/IHTM12125.htm
If the deceased had no surviving spouse or civil partner (IHTM11032) or issue others may benefit in the following order- parents - equally if both living
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Student_of_£ wrote: »Hi, I've been looking at the laws of intestacy and although I may seem precocious, you never know what is around the corner, I think I need to make a will.
The reason for this is I believe that my dad (formerly estranged for 19 years) would inherit my estate, and I DO NOT UNDER ANY CIRCUMSTANCE want that to happpen.
I don't have a partner / children / grandchildren.
How would I go about making a will and how much would it cost?
Thanks
It costs between £75 upwards on average.
Why do you feel your Father may out survive you?
Do you have any sibling?
It is difficult a descision as you are spending money to 'spite' somebody else, I have done 'similar' but from the other way in that I don't want estranged offspring to inherit from my estate0 -
Student_of_£ wrote: »The reason for this is I believe that my dad (formerly estranged for 19 years) would inherit my estate, and I DO NOT UNDER ANY CIRCUMSTANCE want that to happen.It is difficult a descision as you are spending money to 'spite' somebody else, I have done 'similar' but from the other way in that I don't want estranged offspring to inherit from my estate
I wouldn't want someone I'd been estranged from for 19 years to benefit from my death, either. It would probably be upsetting for your mother to see him getting money from your estate, too.
There's nothing wrong with phoning around a few solicitors and asking for an approximate price for a basic will.
Which? do some good books on wills and probate. If you read them before going to the solicitor, you'll have a clearer idea of what you want to do and that will save time.0 -
I wouldn't want someone I'd been estranged from for 19 years to benefit from my death, either. It would probably be upsetting for your mother to see him getting money from your estate, too.
There's nothing wrong with phoning around a few solicitors and asking for an approximate price for a basic will.
Which? do some good books on wills and probate. If you read them before going to the solicitor, you'll have a clearer idea of what you want to do and that will save time.
It's sort of too late for the OP, but some Solicitors do wills for 'free' during November under the Will Aid scheme, where a donation to charity is encouraged.
But yes, if a person does not want their estate to fall under the intestate rules , then a last testament statement will is essential.0 -
My situation is:
My mother died 6 years ago and my father got in touch after walking out on me when I was a baby. I also a half brother from my mum (who I want to inherit my estate) and half siblings from my dad's subsequent marriage (who I don't want to inherit)
As far as I am aware the order of intestacy is
- Children (don't have any)
- Grandkids (see above)
- Parents (I don't want my dad to inherit anything!)
So I assume I need a will in order to have my wishes carried out upon my death.
Thanks for your help and replies!!0 -
i would honestly encourage anybody to make sure you
have all your wishes clearly stated with a solicitor,
make sure every last detail is down in writing.
my mother in law recently passed and none of her wishes were followed as she only made a basic will,0 -
If your mother is still around, it is her who would inherit first.
,
Google Will Aid, or AgeUK you can get free ones with a donation to the organisation.
Completely incorrect. As the OP as no children both parents would equally inherit whatever there was left in the estate after all debts are paid. There is no he/she gets it first
Rob0
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