Will Writing Company

Potternerd

Hi does anyone have any experience of using this company? They have quoted about £1300 to do mine and OH's wills to include sideways disinheritance and enduring power of attorney. Is this reasonable value?

Browntoa

what are their "other" fees , often they take a large commission to carry out probate etc


what did a "proper" solicitor quote ??


you can do your own power of attorney for £110 per application direct , its a simple form to fill out

SeniorSam

Overpriced and not always sure of accuracy with 'Will Writers'. Having a solicitor means you have protection if it is not correct as they are liable. Please dont cut corners with such an important issue.
Sam

Yorkshireman99

Potternerd wrote: »

Hi does anyone have any experience of using this company? They have quoted about £1300 to do mine and OH's wills to include sideways disinheritance and enduring power of attorney. Is this reasonable value?

A total rip off! In any case you should use a properly qualified solicitor not a will writer. You can do the LPOA's yourself online without help from anybody. A solicitor will do it but the cost is not worth it.

securityguy

What YM said.

And before the issue is brought up, yes, it is possible for an LPOA (not EPOA: it changed some years ago) to contain the sort of complex terms that need a solicitor to draw up and interpret, which you may not feel able to do yourself. Stop right there. If an LPOA - particularly a financial LPOA - is anything other than straightforward and "out of the box", then it not only needs a solicitor to draw up but there is a strong chance it will need, or will end up involving, a solicitor to interpret it.

My parents proposed some hideously complex LPOA structure, which would have been complex to draft and had my brother and I as joint, but not joint and several, attorneys. We resolved the issue by refusing to get involved: if our parents didn't trust us jointly and severally they didn't trust us (the implication is that the only thing stopping one of us ripping our parents off is the influence of the other) and therefore needed to find other attorneys whom they did trust. In they end, they saw sense.

There is another LPOA (possibly EPOA: it's quite old) active in the family which contains crazy restrictions on acting which, had the sons known about i advance, they would again have refused to get involved. It's resulted in substantial family fallings out and the waste of a lot of money. If you think you need a more complex LPOA than the standard forms provide, then think again: you don't, and it will end in tears. And if you are asked to be an attorney with some complex terms which limit your actions beyond the law and your duty as a trustee, run away: it's just a timebomb of family disputes in paper form.

Yorkshireman99

Thank you for correcting me on the L rather than E! Even if there is an EPOA the attornies can always resign if they wish and that AFAIK, means the EPOA is then unusable. As for the rest of your comments you are spot on. Im case for the health LPOA my heirs were not happy at the idea of having to make decisions of this kind. Hence I have appointed a close friend for this role who is an ex Goose Green para and a retired paramedic who has the same outlook as me and will not shrink from the task if need be. He understands the realities of harsh decisions.