We have extensive experience of advising on and drafting wills for use in England and Wales.
Nobody feels particularly excited at the prospect of making a will, but once it’s complete you can feel reassured that you have certainty as to what will happen to your family and assets in the future. We always take a bespoke approach, helping you to structure your wills according to your particular needs and objectives.
You can be sure that you are getting the best advice on making a will, and that when the time comes your will shall be valid.
- Prices from £250 + VAT for individual wills
- Prices from £450 + VAT for mirror wills
The above prices are based on simple wills where there are a small number of beneficiaries and where there are no specific gifts being made. During the initial appointment with us, before you commit to using our services, you will be advised if the fee is likely to exceed the minimum fee.
Indian will drafting services in London
We also draft wills for clients with property in India. We work closely with Indian solicitors to ensure that all our Indian wills meet the requirements and formalities to be valid in India.
Fees for Indian wills start from £500 + VAT per will, plus apostille fee of £50 per will.
Our wills solicitor in London works with each client to provide the highest level of service and advice.
We can guide you so that you can pass on your estate more tax efficiently, and help you ring-fence assets for your family and future generations.
Why should I make a will?
Regardless of the size of your assets, you worked hard to obtain them and they should be distributed according to your wishes when you die.
If you haven’t made a will, your assets will be distributed according to intestacy rules – which may leave your loved ones empty- handed.
By making a will, you can control how the things that are most valuable and important to you are distributed and looked after. You can:
- Name a trusted relative or friend who you want to carry out your instructions when you die (your Executor)
- State who you want to act as guardian for your children (minors)
- Leave specific items for people who you know would like to own them
- Give money to charity, friends or relatives
- Provide for family members on your own terms
- Make provisions for an unmarried partner, or give someone the right to live in your home after your death
- Provide for a disabled beneficiary in a way that they are looked after and provided for, without necessarily losing any of their disability benefits
- Direct your business interests to those you wish
- Minimise potential liability to Inheritance Tax
- State your funeral wishes
What is the definition of a will?
A Last Will and Testament is a legal document that sets out how you wish your estate (property, belongings, savings, investments and other assets) to be distributed on your death. It can also include other provisions including what kind of funeral arrangements you would like to have.
A well-structured will can ensure complex family structures are provided for – so that your assets are shared out as you wish to family members, new spouses, second families, and also to people outside your family including charities. This ultimately limits the possibility of family disputes.
Making a will can bring you peace of mind that the people or organisations that you want to benefit from your assets will do so when you die.
Do I need to be old to make a will?
Both the financial and emotional benefits of having a will can be beyond measure. Wills are not just for the old and infirm – anyone who is married, in a civil partnership, living with a partner or has children should make a will. In addition, if you are going through a divorce, it is vitally important to make a will.
This is to ensure that your assets do not pass to your spouse, in the event of your death before the financial side of the divorce is settled.
Why not make your own will?
In order for a will to be valid in the UK or in India, there are a number of criteria and formalities that must be strictly adhered to. This is where will drafting services can be useful.
Failure to adhere to these can render your will, or parts of it, invalid. This would mean that some or all of your assets would pass under the rules of intestacy, rather than how you want them to be distributed. It’s better to ensure something so important, such as making your English or Indian will, is done properly.
What happens if I don’t make a will?
If you don’t write a will, your property, possessions and money (meaning your ‘estate’) will be shared out in a standard way defined by law. This means your spouse, civil partner or partner and children will not necessarily automatically inherit everything from your estate. This is where our will drafting service in London can help.
How can our solicitors in London help?
At MSC Solicitors, we have extensive knowledge of the drafting of English and Indian wills, and advising our clients of the provisions that they can make.
Our experienced wills solicitor in London can guide you through all aspects of making your will, including mirror and mutual wills, and guidance on inheritance tax and estate planning. There is a lot to be considered when making your will and you need a legal advisor that knows everything about the law to make sure your will does what you want.
During your meeting with us, we will take the time to explore how you would like your assets to be distributed, and the effects that this will have when you die. Only once you are completely comfortable that all your provisions have been covered, we will execute the will. Why not give us a call or book an appointment with us if you’re unsure?