At Whitehead Monckton, we think it is important to talk to our clients about succession and tax planning, at the same time as helping clients with their Wills. However, we recognise that sometimes a “standard” Will is all that is needed.
It may be that you are off on holiday and simply don’t have the time to commit to a more detailed conversation, but will come back to talk to us about succession and tax planning upon your return. Or, it may be that you have just bought a house or got married and now need your first Will. Whatever the reason, we have developed the “Standard Will Arrangement” to provide you with this service at a fixed cost.
A Standard Will is intended to provide you with a straightforward Will, enabling you to include provisions for the distribution of personal effects, expressing your wishes for your funeral and if relevant appointing guardians, as well as the straightforward distribution of your assets to your beneficiaries.
Examples where it can be appropriate are:
- A couple wish to leave everything to each other or to their children (equally) on the second death
- An individual wishes to leave his or her estate to certain named beneficiaries
As part of the “Standard Will Arrangement” we will always include funeral wishes and the appointment of guardians for your children where appropriate.
It is still vital to ensure a “Standard Will” reflects your wishes and enables your executors to administer your estate, so professional advice from experienced lawyers is key to this.
How much will it cost?
- Single Standard Will £300 exclusive of VAT
- Two Standard “Mirror” Wills £450 exclusive of VAT
An experienced member of our Tax and Estate Planning Team will complete your Will with you.
In some circumstances a Standard Will may not be appropriate and if this is the case, we will advise you and clearly set out the additional fees which would be charged. You can then make an informed decision as to how you want to proceed without concerns over future fees.
If you would like to make an appointment or have an initial discussion regarding your Will, please call 01622 698044.