Here’s a discount code for a Legal Will – 10 reasons why you won’t use it.

If you step through the service at LegalWills.co.uk, you can create a legal Will for £24.95. However, if you use the following discount code, you’ll get twenty percent off. You can have a legal Will in your hands in about twenty minutes for less than twenty quid. Everybody needs a Last Will and Testament, so what on earth would stop anybody from doing this?

In reality though, we know that the price of the service at LegalWills.co.uk is not your barrier to preparing a Will.

Here’s some things that may be going through your mind that could stop you from writing your legal Will right now. Continue reading

Writing a Will: why there is nothing to fear

Many people try to lead you into thinking that writing a Will is so complicated that only a qualified solicitor with years of training should attempt it. You have probably been told that attempting to write your own Will is only going to lead to misery for your loved ones. One of the most common scare-tactics is to compare writing a Will with performing surgery on yourself !

We have explained in the past that writing a Will is neither so complicated that it needs a professional, but nor is it so easy that you could just write one on a blank piece of paper. It is somewhere in between, and it is this mid-ground that LegalWills.co.uk tries to fill with its interactive online Will service.

So what makes a Will a Will?

The answer to this question hasn’t changed Continue reading

Intestate Succession

What happens if you die without a Last Will and Testament?

I don’t need a Will. It is obvious who will get my things anyway. Everything will go to my spouse.

We hear this a lot, and nothing could be further from the truth. The distribution of an estate without a Will (intestate law) is so complicated that the government websites have a question and answer wizard to step you through a number of different family situations. At the end of this they calculate the shares of the estate going to each person. So let us dispel a few myths.

Myth 1: If I die without a Last Will and Testament my spouse will receive everything.

Fact: This is actually true for the first £250k in value. But according to an article published this week in the Guardian, the average house price in England is £272k, with the average price in London now at £514k. The £250k threshold is no longer limited to the interests of the very wealthy. Everything above £250k is divided such that any children will take half, and the spouse will take a “life interest” in half, meaning that the children will receive that second half when the surviving parent dies. Continue reading