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Online will
Pipcas
Posts: 81 Forumite
I'm seeking advice on writing an online will. There will only be cash involved and 3 family members. Can I leave values to them in percentage terms?. Any reputable online providers? Tia
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If you want a cheap or free Will service I’d avoid online options and instead use the National Free Wills Network. Lots of charities and solicitors are signed up to the scheme. From the point of view of the charity, they hope you’ll leave a gift to them (although you’re not obliged to) and in return a local solicitor can draw up a Will for you. If it’s a simple Will there will be no cost to you. The solicitor will be able to put in the correct language to ensure that you estate will be distributed in the way you choose.2
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Yes you can leave individual beneficiaries different percentages of your estate.1
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Percentages is the way to go for sure.
My late father specified exact sums which almost became problematic as he had spent a lot more cash than he had expected.0 -
Not necessarily. It can be an absolute pain, since sometimes nothing can be distributed until the last moment and the executors have accounted for every last penny...Ayr_Rage said:Percentages is the way to go for sure.
My late father specified exact sums which almost became problematic as he had spent a lot more cash than he had expected.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0 -
There's no reason why an executor can't do interim payments using the percentage split if there is plenty of money available to cover any unknown debts on the estate.Marcon said:
Not necessarily. It can be an absolute pain, since sometimes nothing can be distributed until the last moment and the executors have accounted for every last penny...Ayr_Rage said:Percentages is the way to go for sure.
My late father specified exact sums which almost became problematic as he had spent a lot more cash than he had expected.
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