Anyone do wills?
Discussion
Cheerful cheerful. But should be done. Current solicitor has quoted at £250 which I suspect is a bit toppy.
We need 2 mirror wills. Married, 1 young child, 2 mortgaged properties, 2 life insurances (1 each), 1 business. No complications as far as we can see. (i.e. Spouse gets everything unless both cop it at the same time then the daughter gets it. In that worst case she and the dog needs to go to sister and sell everything.)
Or is £250 about right?
Happy days.
We need 2 mirror wills. Married, 1 young child, 2 mortgaged properties, 2 life insurances (1 each), 1 business. No complications as far as we can see. (i.e. Spouse gets everything unless both cop it at the same time then the daughter gets it. In that worst case she and the dog needs to go to sister and sell everything.)
Or is £250 about right?
Happy days.
I deal with wills trusts and estates as a TEP. I would suggest you consider trusts for the life cover and also ensure the business shares/assets are also bequeathed to trust on death if the business is a qualifying trader for Business Property Relief purposes if there is sufficient value to justify it.
also need to consider if you die and pass everything to wife, she then re marries and takes the collective assets into the new relationship, new Mr has children of his own, your wife then dies before him..... Trusts offer the solution to mitigate these kinds of issues so maybe speak to an expert about this before you decide what to do.
also need to consider if you die and pass everything to wife, she then re marries and takes the collective assets into the new relationship, new Mr has children of his own, your wife then dies before him..... Trusts offer the solution to mitigate these kinds of issues so maybe speak to an expert about this before you decide what to do.
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