Do I really need a Will?
Having a Will isn’t a legal requirement, but it’s the only way to ensure your estate is passed on to the people and charities that you want it to go to. Without a Will, the legal system decides who receives what from your estate.
Your Will is personal and deciding what you’d like to leave is the first step. You might choose to leave a specific amount of money, or a proportion of your estate, once friends and family have been looked after. You could even choose to leave a particular item, such as jewellery or shares.
Do I need a solicitor?
Is it easy to make a Will?
Before you visit a solicitor, it’s worth putting together a list of your assets (what you own) and liabilities (what you owe), so you can work out what your estate is worth. Our guide to making your Will is a good starting point and could save you time and money at the solicitors.
Is it expensive?
On average, it’ll cost between £80 and £150 to arrange a new Will, which is a small price to pay for such an important document. A well-written Will can help make sure your loved ones don’t pay any more Inheritance Tax than they need to. It can also avoid any expensive legal complications later.
You may be interested to know that Versus Arthritis is part of the Free Wills Network, which offers supporters over 55 the opportunity to have a simple Will written or updated for free. There’s no obligation to include a gift to us in your Will.
What if I want to change something?
It’s important to regularly review your Will and it’s natural to change your mind. If you’ve already made a Will, it’s easy to change it and for example, add a gift to a charity by using a codicil. You can download a simple codicil form (Word, 108 KB). Or of course you can just ask your solicitor.