Why should I pay a lawyer to prepare my will?

Why Pay a Lawyer to Prepare a Will

Almost everyone is starting to question their spending, particularly as we head into a new financial year and the price of everything seems to be rising.

There is an increasing number of online will provides that can cost as little as 5-10% of the cost of seeing a lawyer. As a firm that specialises in wills and estates, we have the knowledge and experience to avoid errors in drafting and failures of appointments and gifts due to a lack of clarity.

We have had experience dealing with wills prepared by online will providers after the will maker has passed away and some have had significant issues, akin to homemade wills. Some examples of those issues are set out in our earlier blog post, available here.

The costs of rectifying or seeking the Court’s interpretation of homemade or online wills can run into the tens of thousands of dollars, money that would otherwise go to your intended beneficiaries.

A common reason you may put off finalising your will may be that you are not sure about certain aspect of your estate planning goals, or your instructions may change throughout the process. Our experienced lawyers will work with you to understand what it is you are trying to achieve and provide you with options for how to get there.

We will ensure that our work achieves your objectives to the extent that they can be achieved within a legally binding framework. It might take three to four weeks from your initial consultation until sign up, or it may take many months of working together to ensure that your estate planning framework is in place. Of course, there are some situations where a will needs to be prepared almost instantly, and we are equipped to deal with this also.

Typically, we will meet with you twice during the process, although there may be circumstances where it is appropriate to meet more than this. We will work with you to take the hassle out of your estate planning.

The costs of paying a lawyer to prepare your is a good investment – you are paying for experience and knowledge. As well, you should have the peace of mind that comes with knowing that the assets you have worked hard to build during your lifetime will end up with your chosen beneficiaries.

You can get started right now using our Online Questionnaire tool before booking an initial consultation to ensure you get the most out of your first meeting with one of our lawyers.

By Kate Donnan

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