Evaluating your options when writing a Will
When writing a Will, there are many key decisions for you to make. Aside from the obvious considerations regarding the contents of your Will, it’s also important to think about how you choose to write up the document, whether you do it yourself or enlist specialist Will solicitors to support you.
This post looks at the various options that are open to you when it comes to writing your Will, and weighs up some of the potential implications of the different routes you could take.
Why do we devalue services?
Sometimes, we want to take shortcuts to save some money. This can often be a false economy and a recent experience has left me feeling like I wish I had not taken the cheaper option.
I recently had my car serviced as I do every year. I usually take it to the local Peugeot dealership because it’s easy to get to and I know the place. I like it because, as I know absolutely nothing about cars, I can drop it off and they do what they need to, so I don’t need to worry.
However, this year I tried somewhere different. It did not go as smoothly. I couldn’t get a quote for the work that needed to be done. It took double the time to collect my car. I emailed twice requesting a copy of the quote as I didn’t receive the first one which was supposed to have been emailed. Unfortunately, I got no response. Overall, it wasn’t a great experience.
So why am I telling you this story? Because it reminded me of what we look for when buying services.
What is the best option when writing a Will?
Making a Will is a fitting example. There are so many different options to choose from. From DIY to cheap online wills, or other will services offering quick and simple Wills.
But is that the best option? How will you know if it’s fit for purpose? Will you get the service and experience you want?
A Will is one of the most important things you will do in your life:
- It needs careful planning.
- It needs to be tailored to your circumstances.
- It needs empathy and sensitivity.
- It needs time and space to think it through.
A Will is so much more than just a document:
- It’s choosing your executors and making sure you have the right ‘fit’.
- It’s having conversations with your guardians to ensure they know what your wishes are for the upbringing of your children.
- It’s planning for Inheritance Tax.
- It’s organising your life, and your paperwork so your loved ones don’t need to worry or deal with additional burdens when you have gone.
- It’s recording your digital assets and ensuring that you can pass on your digital memories.
- It’s thinking about whom you want to pass those sentimental items to.
- It’s deciding what will happen to your pets.
- It’s writing a letter of wishes to record and document all the important stuff.
There is so much more! But most importantly it’s security and peace of mind.