Can I write a will myself?
Yes, but
you should be confident about properly expressing what you want to do in the
correct legal terms and executing the will correctly, otherwise you may end up
doing something you don’t intend or making an invalid will.
The rules relating to matters
like how gifts are made, taxes and execution of a valid will can be complex and
easy to get wrong. As it is a very important document, many people choose
to have their will made with a solicitor.
Who should witness a will?
There are
important rules around how a will is witnessed and executed which are easy to
break, making the will or parts of it invalid. For example, a beneficiary
or spouse or civil partner of the beneficiary should not witness a will. It is
easy to get these rules wrong. If you use a solicitor to draft the will,
they should also tell you how to properly execute it.
How much should it cost to
make a will?
Research
suggests that the average cost of a basic will made with a solicitor is about
£195. However more complex wills dealing with estates that may involve
Inheritance Tax issues, for example, will be more. It is possible to buy a will
pack and do it yourself much cheaper, but you should be confident about what
you are doing.