Making a Will
Before making Wills, it is important to consider the value of your estate both now and in the future. Estate planning is straightforward and will help you plan what you wish to include in your Wills. Completion of the process will enable you to calculate the estimated Inheritance Tax liability arising when each of you dies. This knowledge will enable both of you to plan the terms of your wills so that you achieve a sensible balance between the practical needs and tax saving.
A “standard” Will (where everything passes to one or more people outright, with no tax or trusts complications) will cost around £150 and for standard “mirror” Wills for a couple it will cost £200. If the Will needs to include more complex gifts, trusts, or tax planning and meetings with clients this takes more time and we can let you know if this is the case.