Creating a will is a necessary step in ensuring that your assets and estate are distributed according to your wishes after your passing. When it comes to drafting a will, you have two main options: using a will writing service or seeking the assistance of a solicitor. Both approaches have their merits and drawbacks, so it's essential to weigh the pros and cons before making a decision. In this blog, we'll explore the advantages and disadvantages of each option, helping you make an informed choice that aligns with your specific needs.
Using a Will Writing Service
Will writing services have gained popularity in recent years due to their convenience and cost-effectiveness. Here are some key points to consider:
If your estate is relatively straightforward, with minimal complexities or disputes, a will writing service will be sufficient. Even if your estate if more complex the right will writing service would suffice provided they have adequate training and keep abreast of changes in law by maintaining a high standard of CPD. They can help you create a simple or a complex will without the need for expensive advice.
Seeking Assistance from a Solicitor
Engaging a solicitor for your will-related matters is generally expected to offer a high level of legal expertise. Consider the following points:
Not all Will Writing Services are proper, so you do need to look at who you're instructing to undertake the work. If they are not part of The Society of Will Writers, if they don't have proper insurance, and if they do not have an adequate CPD record, it's likely you are not dealing with a proper company. By working with a solicitor, you are told to expect to benefit from their professional oversight, minimising the risk of errors or omissions that could compromise the validity or execution of your will. However, even qualified solicitors have made costly errors, so it's important to do your research.
Deciding whether to use a will writing service or a solicitor ultimately depends
on the complexity of your estate, your specific needs, and your budget. Will writing services provide an affordable and convenient option often offering the same quality of knowledge as a solicitor, while solicitors are expected to offer a higher level of legal expertise. It's crucial to consider the advantages and disadvantages outlined above and choose the option that aligns best with your requirements. Remember, consulting with a legal professional is always advisable to ensure your wishes are properly documented and legally binding.
If you’re looking to write your will or lasting power of attorney book an appointment with Joshua Young. I am A Will Writer covering Farnborough, Basingstoke, Camberley, Aldershot and the surrounding areas.