If you are thinking about writing a Will, you may have considered doing it yourself. Although there are a number of templates and tools available online, along with information about the law and how to go about writing your own Will or using an unregulated Will writing service, there are significant benefits to using a solicitor to write your Will and numerous pitfalls in doing it any other way!
Dhruva Patel, Partner & Head of Private Client at Berry & Lamberts Solicitors, gives just five of the many reasons why you should use a solicitor to draft your Will.
1. All the questions – we know what to ask
There are a vast array of issues to consider when drafting a Will, not only from the legal perspective but also from a practical one. Most of these issues do not present themselves in a direct way. Using our experience in the administration of estates, we are able to identify potential issues and ask the relevant questions that allow us to provide comprehensive advice. It is our job to look at, consider and plan for the worst case scenario.
2. All the formalities – we know how to properly draft
A Will is a formal legal document and, as a result, must meet certain legal requirements. While you may have read and understood what these legal requirements are, there are a number of less obvious stipulations that, again experience with the administration process and in depth understanding of the law, gives us the foresight on. Unfortunately, many online Will templates and services fail to observe the legal requirements for validity.
3. All the words – we use the correct wording
Drafting a Will is complicated. It requires careful wording and a comprehensive understanding as to the meaning of the words used. Many Will related disputes arise out of unclear wording, but by using a solicitor you can ensure that your directions are not left open to interpretation.
Solicitors are also required by the Solicitors Regulation Authority to keep their knowledge and understanding of the area of law in which they practice in current and supplemented. This is not an obligation that is required of other unregulated Will writing services.
4. All the complexities – we know how to factor in complex finances or family structures
If you have complicated finances, or you have even a slightly more complex family structure, there are a number of factors that must be considered when drafting a Will. Drafting a Will to provide for stepchildren for example can be complicated and an in depth knowledge of the law is required to understand the potential pitfalls.
5. All round planning – Inheritance Tax
Writing a will is about more than just setting out where your property will go. With the specialist skill and knowledge of a solicitor, you can also plan to mitigate your inheritance tax liability, allowing you to maximise that which you leave behind for your loved ones.
For more information please visit www.berryandlamberts.co.uk
