A popular misconception regarding wills and last testaments is that you have to have them prepared by a solicitor. In fact, the vast majority of a will consists of standard legal phrases designed to protect you and as long as these are written correctly and completely, the information is complete and the finalised will is duly witnessed according to law then your will, even if written by yourself, is legally binding in a Court of Law.
Unfortunately around three quarters of people do not prepare a will which can create needless expenses and confusion as well as the Government, not them, deciding who receives what. Many people keep putting it off while recognising that it should be done “some day” either through not wanting to think about their death or because they believe that it is expensive and/or time consuming.
These days a will doesn’t have to be expensive or time consuming to prepare and although it is recommended that a will is verified by a lawyer there is no legal obligation to do so. Many possibilities exist to help you with writing a will and some of them are remarkably inexpensive and straightforward.
DIY Will Writing Kits are available from the larger stationery shops which consist of pre-printed stationary, examples and instructions. These are relatively inexpensive (about £5 – £10) and are legally binding as long as you follow the instructions carefully.
Will making software is available to buy or use online for approximately £10 to £70. These have a few more options than the stationery kits and more advice; some even include the verification by a legal team. There are now a number of online options – have a look here form more information.
You could opt for completely writing it yourself but it is important to correctly use the legal terms and layout so this option is not generally recommended.
The above methods are more than satisfactory solutions for preparing a fairly standard will but to prepare a more complex will including for example beneficiaries from outside the family, overseas property, children’s trusts and other more complex subjects it is recommended that you seek the advice of a solicitor, either at an office or online.
