Still deciding what to do will wise

Hercules_Grytpype-Thynne

paddy's_mum wrote: »

With respect, inflation is not the only thing that affects current costs.

How about massively increased business rates, much higher salaries, more expensive office lease or rental prices ... none of which are generally counted in the official "inflation rate".

OK, but £130 now £300!?!?! Seems a bit OTT to me as I was quite prepared to accept £200, allowing for solicitors living in a different world to the rest of us.

Hercules_Grytpype-Thynne

FreeBear wrote: »

The closer one is to London, the higher the price.

In these parts (rural, 150 miles from London), a basic will for a single person is between £120 to £200 +VAT. The bigger & more established firms charging the top end.

If you are a union member, they might have a low cost service to offer - It would probably be similar to the Co-Op one.

Sounds about right then, as I live 80 miles from London so sliding scale would make it £300 or thereabouts.

Yorkshireman99

Hercules_Grytpype-Thynne wrote: »

Sounds about right then, as I live 80 miles from London so sliding scale would make it £300 or thereabouts.

It is still extortionate! Shop around.

Mojisola

Have you destroyed the old will yet?

bouicca21

I'm in London. My will was nowhere near £300. Shop around.

Hercules_Grytpype-Thynne

Yorkshireman99 wrote: »

It is still extortionate! Shop around.

Well I will certainly try - I presume the only way I am going to find a reasonably priced one is if I can find a "one man business" so to speak?

Hercules_Grytpype-Thynne

Mojisola wrote: »

Have you destroyed the old will yet?

I have copies and presume my old (now £295 + VAT - was £57.50 in 1989) solicitors still have it in their vaults.

Hercules_Grytpype-Thynne

bouicca21 wrote: »

I'm in London. My will was nowhere near £300. Shop around.

And that's what I find very annoying, that here am I living in the sticks (Suffolk) and having to pay what appears to be London prices..............there must be someone in my locale who has reasonable charges.

Mojisola

Hercules_Grytpype-Thynne wrote: »

I have copies and presume my old (now £295 + VAT - was £57.50 in 1989) solicitors still have it in their vaults.

In your other thread you said "I think we do from about 40 years ago and now irrelevant" - unless you destroy the original of this will, it will stand if you die before getting a new one completed.

Rodders53

Easternmost England bit of Suffolk so nearly 130 miles from London.

Our two wills were £114 inc VAT in November 2013. I had to check that sum was not for each will!

However, we have pretty simple wills... but not so simple DIY would have been advisable.

I could probably write an updated will based on the old one; but would consider if it was worth the risk. Especially as my Solicitors do the witnessing and provide free will storage.