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Will writer suggests 'substitute executor & trustee'
Comments
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Of course the attraction is the no cost aspect.
The free will service is funded by the charities in the hope that they will be left a legacy.
Be wary of the cost of Redlake storing the will.
It's worth looking at this before paying a company - there's a one-of charge of £20 -
https://www.gov.uk/government/publications/how-to-deposit-a-will-with-the-probate-service-a-guide-for-people-who-want-to-deposit-a-will-for-safekeeping-pa70 -
how did you find Redlake ??0
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Wow! Ok the will writer 'hopes' to get a future income stream, but gets nil income currently. I don't know what son would pay (any) charity.. if anything. Delete addtn trustee, keep will yourself (will looks good/OK). What does a dad do other than foot the bill for a sit at local solicitor job? Duh. Having been IFA for donkeys years I have a total (dis) respect for 'anyone' in the legal 'profession'0
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Will writers often try it on big time. Charging for will storage per month, soliciting POA applications for several hundred pounds when it can be done online for the basic cost an so on. Earn out solicitor by personal referral and stick with them. I have used the same one for 25 years. He will retire soon but his firm have proved reliable and I am confident his successor will be OK. I also know the senior partner.Wow! Ok the will writer 'hopes' to get a future income stream, but gets nil income currently. I don't know what son would pay (any) charity.. if anything. Delete addtn trustee, keep will yourself (will looks good/OK). What does a dad do other than foot the bill for a sit at local solicitor job? Duh. Having been IFA for donkeys years I have a total (dis) respect for 'anyone' in the legal 'profession'0 -
Personally, I would not use a 'will writer'. We had one who decided they were giving up the 'will writing' business some years down the road and asked us to recover the will from their storage facility. I was in the midst of a divorce at the time and made a new will at solicitors - where it is stored. There was big surge of will writing services 20/25 years ago - my parents got involved in one and there was always an issue of the will storage. When my Dad died my Mum made a will at a solicitors - when she died 18 months ago - we knew where it was. Personally, think you need the advice of a solicitor in the writing of the wills as if they are not done/worded properly can create all sorts of issues when they are invoked.0
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I found out a firm of Will writers had charged my in-laws over £1000 for 2 basic wills . The company concerned had changed names multiple times over the years ( not a good sign) and had a long list of ridiculous fees for everything
A small Change was required to both wills , I got it done for £150 using a local solicitor for both wills.Ex forum ambassador
Long term forum member0 -
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He whole procedure is fraught with pitfalls. There is NO substitute ffor doing it properly.nom_de_plume wrote: »Correct me if I'm wrong but would this not invalidate the Will?0
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