We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

changing a will

Options
2»

Comments

  • Mojisola
    Mojisola Posts: 35,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    That's outrageous we don't have one of these solicitor provided free wills, but if we did, are you saying that they would want to take take approx. £440k? Surely they would have to disclose this.

    You don't have to appoint the solicitors to be your executors.
  • Errata
    Errata Posts: 38,230 Forumite
    10,000 Posts Combo Breaker
    FreddieM wrote: »
    There is no such thing as a free will, when you go to a solicitor, he/she will take their 8% + as executors. Oooops they don't tell you that bit ;-)

    For goodness sake, they 'don't tell you that bit' because it isn't true!
    .................:)....I'm smiling because I have no idea what's going on ...:)
  • whitewing
    whitewing Posts: 11,852 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    We had our wills done through Will Aid and didn't appoint the solicitors as executors.
    :heartsmil When you find people who not only tolerate your quirks but celebrate them with glad cries of "Me too!" be sure to cherish them. Because these weirdos are your true family.
  • FreddieM
    FreddieM Posts: 1,002 Forumite
    Part of the Furniture 500 Posts Photogenic
    Errata wrote: »
    For goodness sake, they 'don't tell you that bit' because it isn't true!


    I beg to differ, as Executors they charge their own fees, something that is never disclosed your right.
    If youcan lie down at night knowing in your heart that you just made someone’s day just a little bit better,you know you had a good day!!
  • Errata
    Errata Posts: 38,230 Forumite
    10,000 Posts Combo Breaker
    FreddieM wrote: »
    I beg to differ, as Executors they charge their own fees, something that is never disclosed your right.

    Solicitors who draw up a will don't automatcially become executors.
    .................:)....I'm smiling because I have no idea what's going on ...:)
  • FreddieM
    FreddieM Posts: 1,002 Forumite
    Part of the Furniture 500 Posts Photogenic
    Errata wrote: »
    Solicitors who draw up a will don't automatcially become executors.
    That is correct but they highly recommend themselves and because they are "solicitors" people are readily hoodwinked.
    If youcan lie down at night knowing in your heart that you just made someone’s day just a little bit better,you know you had a good day!!
  • I have only ever known seriously wealthy people to have professionals (solicitors or someone at the bank) acting as executors. Everyone else seems to use family or friends. My sister-in-law wanted me to be her executor but I declined because we are similar age wise and I would likely be dead or dotty when she dies.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.7K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.4K Spending & Discounts
  • 243.7K Work, Benefits & Business
  • 598.4K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 256.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.