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• #102
The service I'm being offered is also meant to mean you don't need solicitors involved when executing the will or something so there's a large cost saving there (that I won't care about coz I'll be dead, but also saves drama for the partner or executors).
They sell it like it's a cheaper alternative to involving solicitors which could cost up to 5% of everything. Plus there's the free lifetime updates and stuff, not that that's going to happen much.
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• #103
Just had a look and my wife and I paid £300 in November 2020 for a solicitor to prepare our joint wills and store them, £1,500 seems a bit outlandish unless fees have rocketed in 4 years
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• #104
administering a will doesn't really require a solicitor, it is just a bit time consuming that's all. Further up this thread you'll see that my dad died. I'm a solicitor but my sister and brother were thhe executors of his will. I didn't need to be called upon to do anything. Personally I wouldn't be minded to have that level of service.
As for obtining a will they aren't usually expensive unless you are doing something funky. Most require information as to carving outspecific gifts to persons. (£100 to nellie, my fixie skidder to my son etc) then usially the residuary to the main beneficiary. Anything else you'd like doing which doesn't relate to your estate division goes in a letter of wishes uch as spread my ashes on the Tourmalet or suchlike -
• #105
The will writing itself is like £100. It's all this other stuff that's the 1400 quid:
Compliance check of the Wills to ensure validity
Notification to Executors as to the location of your Wills and procedure for release
Storage of your Wills and any other estate related documents (eg house deeds, policy documents, certificates etc)
Free unlimited deposits and retrievals
Registration of your Will with The National Will Register
Unlimited free updates of your Wills during your lifetimes, including all associated legal advice
Free assistance for your Executors, enabling them to put your Wills through probate so that they do not need to hand the matter to a solicitor*
Assistance with two further estates requiring probate where the deceased is an immediate family member and there is a valid Will in place*
Free access to the online AAG Wealth Hub and complimentary one-to-one Financial Consultations
25% discount on all Will-related Trusts
25% discount on Lasting Powers of Attorney
The assistance thing was what they were trying to make sound like it could replace costly solicitor involvement during execution of the will(s).
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• #106
Sorry for your loss.
It's a mirror will so each of us would do the other's will and it should be "simple enough". But if we both get run down at the same time, then it will fall to people outside the country and selling property and stuff and that's where I'm afraid that solicitors would need to get involved and it could cost a bomb. I guess this service is designed to play on that and is kind of an insurance against drama for the executors?
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• #107
I think you're overthinking this. Back in the day solicitors used to charge a percentage of the estate for probate. These days it is easy enough to make the probate applications that the smoke and mirrors have disappeared. I wouldn't worry too much about the what ifs of you both dying at the same time, just ensure you've made the wills
Thanks for your condolences. The sad thing is that we'd not spoken for 10 years. As it happens we're scattering the ashes on the 14th May. It's now about building bridges with my brother and sister. Families eh?
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• #108
The assistance thing was what they were trying to make sound like it could replace costly solicitor involvement during execution of the will(s).
You're confusing execution of the Will and the administration of the estate by the executors. Two very different things.
I suspect their 'free assistance' is simply sending the executors a bunch of 'here's how to apply for probate' pdfs and some stock forms which you can easily get on the internet. Sounds like money for old rope to me.
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• #109
Sounds a positive. Good luck. I should speak to mine more often. It's not like there's bad blood or anything, I'm just not the communicating type when it comes to family that much (unless they happened to be on a bike forum, in which case they'd hear from me all the time).
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• #110
Thanks both. I'm always immediately put on guard when a product is immediately "up sold" and it sounds like I was right to be, once again.
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• #111
But if we both get run down at the same time
If your partner is anything like my ex's they'll insist on riding 150m behind irrespective of the speed you're travelling. Which makes the potential worst case scenario unlikely
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• #112
I wasn't confident enough to say the above from EcuriePeril and Brommers but this was pretty much my understanding and why I went for the cheaper, hosted service from Farewill. I think it's a fairly comprehensive offering, even if your situation is a bit complicated, as you discussed.
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• #113
P.s. I don't work for Farewill! I just looked into it when my Mum was very kindly contacted be 'her' solicitor to update her will for the bargain price of £2k after my Dad died. Cunts.
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• #114
Haha my missus is pretty good unless, for example, I spot a bunch of triathletes or a Vespa to motorpace for the ride back into Zurich and drop her like a stone. She needs to be a bit quicker on the "is he chasing them, oh, yeah, it's hippy, of course he is, once a wheelsucker always a"
That sounds like a con to me.. .
https://farewill.com/make-a-will-online?utm_source=google&utm_medium=cpc&utm_campaign=1727780399_129752016690&utm_term=farewill&utm_content=696290736617&utm_channel=paid_brand&gad_source=1&gclid=Cj0KCQjwir2xBhC_ARIsAMTXk87yLMqCiGSKt6xK7CiCFD7WZEQ05RZcYQAr-6EjhHhzhaq6NKZSwMgaAlVmEALw_wcB
https://farewill.com/r/jwhaymand-86631 (use my code and get 50%) I then just pay £10 a year to keep it all legit