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2 seperate smaller wills or 1 single will.....paying taxes....which is better

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Comments

  • gramy1
    gramy1 Posts: 32 Forumite
    10 Posts
    my father has cancer...he is 95....he has his full capacity at moment.....our main concern is getting the solicitors off the will as executors due to the high charges....is there any other adjustments them may need to be made to the wills...thanks
  • gramy1
    gramy1 Posts: 32 Forumite
    10 Posts
    on the which website it states

    Some examples of when you might use a codicil include:

    • Appointing a new executor if, for example, a named executor has died
    or i could get the solicitors to issue a 

    Deed of Renunciation 

    ..removing themselves from the will
  • 74jax
    74jax Posts: 7,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    As you have an appointment today, now is the time to ask all these questions, to the legal professional you are paying for. 
    It's great to go in with an idea of things so you aren't ripped off, but your appointment is today, ask them. If anything seems strange, make sure you ask them to clarify. 
    Forty and fabulous, well that's what my cards say....
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Estate is worth £850k, but you'd rather accept the advice of a bunch of doubtless well-meaning but unqualified strangers on an internet forum, over the advice given by your professionally qualified solicitor, who will be liable for the advice given if it proves to be bad?
    No free lunch, and no free laptop ;)
  • gramy1
    gramy1 Posts: 32 Forumite
    10 Posts
    yes i went with the codicil for my father.....the will then going from my father to mother and then to me ....
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