We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Free Will cost us over £500
wendare
Posts: 2 Newbie
We opted for free Wills in support of a charity as they are simple and straight forward ie mirror Wills, no trusts or other complications. We were advised to severe the ownership of our house to become tenants in common, which we agreed made sense. We also have a rental property (already owned as tenants in common), which is in effect our pension. The cost of severing the ownership and including the rental house in the otherwise simple Wills cost us an additional three and a half times the value of the 'voucher' provided by the charity. Question is, when is free Will a free Will?
0
Comments
-
The will was free. Being given and taking advice is not free as it is completely separate from making a will. You could have done either on its own. You did not need a solicitor to move to TIC.0
-
No such thing as free.0
-
We opted for free Wills in support of a charity as they are simple and straight forward ie mirror Wills, no trusts or other complications. We were advised to severe the ownership of our house to become tenants in common, which we agreed made sense. We also have a rental property (already owned as tenants in common), which is in effect our pension. The cost of severing the ownership and including the rental house in the otherwise simple Wills cost us an additional three and a half times the value of the 'voucher' provided by the charity. Question is, when is free Will a free Will?
When you stick exactly to the T&C of the offer. It is quite clear that you were given legal advice and then acted upon it.0 -
I think we met with the '2nd hand car salesman' of the solicitor world and, yes, we were stupid to be drawn in by his 'banter'. From memory the TIC cost around £350 (we haven't got a breakdown of his fees), something I now know we could have done ourselves. Thank goodness we didn't opt for Lasting Powers of Attorney!0
-
No, you instructed a solicitor to prepare a will, discussed other things and accepted their advice.
As with any service you had the option to go away, think about it and make a few phone calls to other firms to see if their prices were on par.Mortgage started 2020, aiming to clear 31/12/2029.0 -
I think we met with the '2nd hand car salesman' of the solicitor world and, yes, we were stupid to be drawn in by his 'banter'. From memory the TIC cost around £350 (we haven't got a breakdown of his fees), something I now know we could have done ourselves. Thank goodness we didn't opt for Lasting Powers of Attorney!
I hope that means you are doing your own LPAs rather than not doing them at all.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.4K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards

