Wills & Power Of Attorney
Our pricing is based on a full start to finish service, with free ongoing help and advice, and very low cost amendments.
Therefore, if you are comparing pricing, be aware that firms which offer very low pricing may well be aiming to sell you many additional services, and may use instruction takers who simply take your information and pass it onto head office, rather than advisers who have enormous experience and draft bespoke Wills.
Our pricing therefore reflects the high service level and level of advice we offer.
Despite the above, we have a range of pricing to reflect the time we will need to spend with you, and the level of advice you may need.
Services
We offer a range of specialized services tailored to meet your individual needs. Our approach is focused on understanding and responding to what you require, providing effective and practical solutions.
HOME APPOINTMENTS
We will see you at home, and provide full advice, making sure you are aware of all options for your Will, and we will ask in depth questions to advise on making sure your Will is tax efficient, watertight, and will do the job.
Single Wills: £300
Mirror Wills: £450
Will trusts are also offered and advised on, and this may be suitable for tax planning, protection against future issues affecting your wealth, and issues affecting your beneficiaries.
There is an additional cost of £240 per person for Will trusts. For example, if a single person making a Will, also wanted a trust, then the cost would be £300 plus £240 = £540. If a couple both need will trusts then the cost would be £450 plus £480 = £930.
Lasting powers of attorney are also very, very important documents to have, and we charge £360 for one LPA for one person, or £600 for both LPAs, or for a couple taking both sets of LPAs (one health and one finance each), the cost is £960
VIDEO APPOINTMENTS
Full advice video appointments are 20% lower in price than home appointments, as we pass on the travel and time savings to you.
This means the pricing is as follows:
Single Wills: £240
Mirror Wills: £360
There is an additional cost of £192 per person for Will trusts. For example, if a single person making a Will, also wanted a trust, then the cost would be £240 plus £192 = £432. If a couple both need will trusts then the cost would be £360 plus £384 = £744.
Lasting powers of attorney are also very, very important documents to have, and by video we charge £288 for one LPA for one person, or £480 for both LPAs, or for a couple taking both sets of LPAs (one health and one finance each), the cost is £768
URGENT VIDEO APPOINTMENTS
If you require a very straightforward solution, and are not in need of full advice and recommendation, then we can offer a low price fast track solution.
Single Wills: £160
Mirror Wills: £280
Lasting powers of attorney:
Single person: £240 for one LPA, or £360 for both
Couples taking both sets of LPAs = £600
To qualify for this, you need to confirm the following:
You have no overseas property.
You are not excluding a spouse or child, or giving an unequal share to surviving children.
You do not need a trust (other than a simple children's 18-25 trust for example).
You are happy to create a Will without an in depth look at your inheritance tax position.
There may be individual reasons why we can not offer a fast track option - and will advise if this is the case.
If the above all apply, then we can offer a fast-track, simple Will solution.
All appointments are by video, and you need to provide us with the information below before we meet. Meetings are usually c. 30 minutes long, as we will not be providing the level of advice as our full meetings (which have no time limit but are usually c. 90 minutes long).
You still receive free ongoing help and support with a fast-track service, and low cost amendments.
Information required up-front for fast track Wills and LPAs
Full name, title, date of birth and address for the person/people making a Will.
Full name, address, and relationship of all people to be named in the Will. This will include beneficiaries, executors and guardians for example.
Please provide a simple outline of your estate value - e.g. you may own a house worth £400,000 plus savings of £25,000.
Please then email these details to:
advice@legaladvice247.co.uk
before the video appointment.
WHY HAVE A WILL
It may be obvious to many people, but will writers are still challenged over why some people even need to consider a will. Here are some simple examples to show you why.
1. Who is going to pick up the pieces after you die? A will is a legal document that gives another person, or people, the right to take care of all the paperwork and necessary things after you die. Without a will, there can be disputes as to who should care of things, and this can be very stressful and upsetting to your family left behind. A named executor can act immediately, while in intestacy, your personal representative has to wait for probate to be granted in many cases.
2. A will disposes of your assets according to your wishes. Without a will, you may find that the people you want money or assets to go to do not receive them. This is very common where a will is not in place. You may even find that your family resort to suing each other for the right to your assets - something becoming more common between a spouse and your children, where the children inherit part of your estate instead of your spouse inheriting everything outright.
3. A will can nominate guardians for your children. Without a will your children are at risk of being taken into local authority care while it is decided who should look after them permanently.
4. A will can be created cheaply and quickly. Once you have a will it will be valid until you marry, divorce or write a new will. Having no Will can be very expensive!
5. A will is not for you - it is for your loved ones! Ask the people who are likely to receive your will whether you should write one!
6. There are countless stories about people facing huge hardship or injustice because a will was not in place. Don't become a news story yourself.
7. You can tell people your funeral preferences. Some people prefer to be buried or some cremated. A will will let your executors know what you want to happen.
8. A will can save a lot of time sorting things out. Without one, there will be many more potential issues. For example, a bank may not release a savings account to a spouse automatically. This can lead to long delays while probate is sorted out.
9. A will can save tax issues. A properly written will can help you organise your tax issues in a better way.
INHERTITANCE TAX
Inheritance tax is currently only payable where the estate of the person who died is valued over £325,000. £325,000 is the level set for the 2025 to 2026 tax year, also called the Inheritance Tax threshold. Where an estate is worth at least £325,000, the amount over this is taxed at 40% (not the whole amount, just the amount over this level).
Currently this can mean a surviving spouse / civil partner can gift up to £650,000 tax free.
Therefore if on the first death, the allowance was not used, then the executors or personal representatives can transfer the first unused portion of the allowance to the surviving spouse or civil partner when they die.
Gifting is one option, but there are ways to gift and yet keep control of that investment.
Investing into inheritance tax friendly investments is another option - especially the older you get.
Please ask us for more information.
WHY WILLS FAIL
Wills can fail, and this can be for various reasons:
Not signed or witnessed A professional will writer will see the whole process through from start to finish, and this includes ensuring the will is signed and witnessed properly.
Gifts or legacies failing It can be easy to say that your house will go to someone, and tempting to write the address of the property you are gifting. If you do that, and you move, you may no longer own that property and the gift can fail. This is the same for anything specifically mentioned that changes, such as cars, bank accounts and possessions etc.
Lost will Make sure your will is stored properly, and that your executors know where it is stored. You can find professional storage for a low single payment these days.
Altered will Altering or amending a will needs to be carried out very carefully, or else they can void a will, or a specific gift.
A beneficiary witnessed a will If a beneficiary or spouse of a beneficiary witnesses your will, they will almost certainly be excluded from benefiting from that will.
Badly written wills This is more common where people try to write their own wills, but professionals get it wrong as well. This is why you should see a will writer with indemnity insurance, so that mistakes can be corrected.
