Will writing services
Make a Will online today from £34.95
Make a solicitor checked Will online
70% of the population don’t have a Will! The usual reply is; ‘I haven’t got around to it yet’. Without a Will your assets (money, property, etc) could go to the person you least want to have it, such as an ex-spouse, or the taxman!
MoneyExpert has teamed up with glossLegal , one of the UK’s premier online Will providers. Don’t keep putting it off, make a Will online today from £34.95.Make a solicitor checked Will
Key times you should make / update a Will:
- Marriage, living with a partner, divorce, or family bereavement.
- Children – if you haven’t appointed guardians, the probate court decides who looks after them!
- Buying / moving house.
- Change in financial circumstances
How to make a will online
For instructions on how to make a will online, please watch this video.
No Will? Top 5 assumptions!
If you die without a Will (intestate), you gamble over who will be in charge of looking after your affairs (money, property, etc) and who will get what (beneficiaries). This usually causes heartache, arguments, and unnecessary expenses. In some cases this might mean the Government collects the lot!
1. I don't need a Will as I'm not worth that much...
Wrong! Anyone who has any assets such as bank accounts, car, flat / house, furniture, life insurance, etc should have a Will. A Will states who looks after this if you die, and who will receive the benefit.
2. My wife or husband will get everything...
Wrong! Your wife or husband will not necessarily get everything. If you die without a Will the government has specific legal rules over who gets what - Intestacy Rules. These rules are inflexible and state the amount the spouse will get, and the rest is shared with the close family of the deceased, and not both families. The same rules apply to same sex Civil Partnerships. Where there are children, the spouse gets a certain amount, and the remainder is shared with the children, but held in a trust until they’re 18!
3. My partner will get everything... i.e. unmarried
Wrong! Under UK law and where there is no Will, a partner has NO automatic right to any assets and property of their partner, even though they may have been in a relationship for decades. Intestacy rules apply and the beneficiaries are close relatives instead.
4. My children will be ok, even if we both die...
Only partly right! If you die after your wife/husband, then your children will inherit your estate equally, BUT they will get everything at age 18 which may be too young. It is better to delay the age to, say 25 years with the right adults (Trustees) looking after the money until then. All the money etc will still be available for housing, welfare, etc. If there is no Will, then no Guardians will be appointed to act as 'parent' for your children until they're 18.
5. I'm not married, I don't have children - my brothers and sisters will get
Wrong! Everything you own goes to the surviving parent(s) which may add to their Inheritance Tax bill as you are passing money, assets, property, etc 'up a generation'.
Why make a Will with glossLegal?
All glossLegal Wills are checked by a solicitor and their bespoke Will writing technology enables you to appoint executors, beneficiaries, guardians for children, and add specific wishes on items & money.
The advantages of making a Will online are convenience, privacy, flexibility, and cost.
Latest Financial News
11 Dec 2013
ONS data likely to strengthen argument to bring forward pension age to 68 more quickly than planned
11 Dec 2013
Bank of England Governor, Mark Carney, has called for his successor to keep interest rates low in the UK, arguing that it is essential to the economic growth and revitalisation of the banking sector in the future
11 Dec 2013
With welfare cuts, rising levels of poverty, high levels of debt and decreased standards of living characterising the country at the moment, one can be excused for being pessimistic about current proceedings.
10 Dec 2013
House prices have risen for the 10th straight month in a row, taking the annual increase to 7.7%, the Halifax has identified.
Compare Life Insurance
Protect your family & dependants
Find the best policy for you with free quotes from the UK's major Life Insurance providers