The Dangers of DIY Wills
We all need a will, and there’s no question that it’s one of the most important documents we will ever write. Surely it makes sense, then, to seek professional advice when deciding who you want to inherit, so that when the times comes your estate is handled the way you want, and your family is provided for; if you die without making a will (intestate) then the law will automatically decide who will inherit your estate.
However, many people choose a “do-it-yourself” approach to writing their will . . . and that could cost their loved ones dearly.
DIY will packs are available in stationery shops and post offices on the High Street, and are increasingly available online. There are a number of DIY will websites that allow the user to add in their details and download a will to print. These options usually cost less than £20, but do they really represent ‘value for money’ compared to a professionally drafted will?
Talbots Law are experts in both will writing and will disputes. More and more we are seeing the false economy of DIY wills – either created online or via DIY will packs – and here are some common, and very alarming, issues that we’ve found:
- The will doesn’t meet legal requirements in order to be a valid will and executors would not be allowed to follow any instructions contained in it.
- Language has been used that is confusing, ambiguous, or has caused unintended consequences that the family find difficult to understand, particularly in the sensitive time following a bereavement
- The will doesn’t accurately reflect the wishes of the deceased, leaving a loved one without adequate provision and potentially leading to family disputes.
Talbots Law has over 25 years’ experience in helping individuals and families across the Black Country and wider West Midlands. We are experts in will writing; we are members of the Law Society’ Wills and Inheritance Quality Scheme (WIQS) and are all Dementia Friends; many of the team are also members of the Society of Trusts and Estate Practitioners (STEP) and Solicitors for the Elderly (SFE).
At Talbots Law we understand that cost is a huge concern for those looking at writing a will for the first time, which is why our highly competitive prices are fixed with you at the outset. A small investment now offers you peace of mind and protection for your loved ones. We also offer a package that allow you to make both types of Lasting Power of Attorney at the same time as making your will for a very affordable fee.
If you would like to know more about writing a will or if you have a question about the will of a loved one who has recently died please contact Talbots Law on 0800 118 1500.