How much should I pay for a basic will?
The cost of a basic will in the UK varies depending on who prepares it and how complex your circumstances are. A straightforward single will typically costs somewhere in the low hundreds of pounds, with mirror wills for couples costing more. Because pricing depends on your situation, the best starting point is our free initial consultation, where we can understand what you need and explain the cost clearly before you commit.
Who cannot be the executor of a will?
An executor must be aged 18 or over and have the mental capacity to carry out the role. Anyone who is under 18, or who lacks mental capacity, cannot act as an executor. A person who has been declared bankrupt can be named but may face practical and legal difficulties carrying out the duties. It is sensible to choose executors carefully and to appoint more than one where possible.
What is more powerful than a will?
A trust can offer more control than a will alone, because it can govern how and when assets are passed on rather than transferring them outright. A Lasting Power of Attorney is also more relevant during your lifetime, as a will only takes effect after death. In practice, the strongest approach is usually a combination of a will, any appropriate trusts and an LPA, which is exactly what proper estate planning brings together.
How much does estate planning cost in the UK?
Estate planning costs depend on how complex your estate is and which elements you need, such as a will, trusts, an LPA or inheritance tax planning. Simple arrangements cost less, while estates involving trusts or significant tax planning cost more. We will always explain the likely cost clearly at your free initial consultation before any work begins.
What is the biggest mistake in a will?
One of the most common and serious mistakes is failing to keep a will up to date after major life changes such as marriage, divorce or the birth of a child. Other frequent errors include unclear wording, not appointing enough executors and not signing or witnessing the will correctly, any of which can make the will difficult to carry out or even invalid. Reviewing your will regularly helps avoid these problems.
Who decides if probate is needed?
Whether probate is needed depends on the size and type of assets in the estate rather than a single person deciding. Banks, building societies and other asset holders set their own thresholds, and a grant of probate is usually required where there is property or larger sums involved. If you are dealing with an estate and are unsure, we can help you work out whether a grant is needed as part of our probate and estate administration service.
Does Jerroms provide will writing and estate planning to people in Shirley?
Yes. Jerroms provides will writing, estate planning, trusts, Lasting Power of Attorney, inheritance tax planning and probate support to people in Shirley and across the Solihull area. Our Solihull office at Blythe Valley Park is a short drive from Shirley, and we offer a free initial consultation with no obligation.
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