Why a £59 Facebook Will Isn't the Answer - MLP Law

Why a £59 Facebook Will Isn’t the Answer

  • Wills, Trusts & Probate
  • 27th Feb 2024

“You are too expensive – I can get a Will for £59 on Facebook.” Perceptions needs to change. A will should not be cheap – you do not want it to be cheap.  This is a document that dictates who the guardians of your children are and who cares for them if you are not […]

By Jane Hunter

MLP Law

“You are too expensive – I can get a Will for £59 on Facebook.”

Perceptions needs to change. A will should not be cheap – you do not want it to be cheap. 

This is a document that dictates who the guardians of your children are and who cares for them if you are not here.  Think about that.  This is a document that deals with every single item that you own. Think about that.   

Your house, your car, your jewellery, your investments, your money in the bank, your shares in the business… EVERYTHING. Think about what they mean to you and how hard you have worked to achieve them.  Do you still want your Will to be cheap?

Every family is different, every situation is different and what each person needs in their will is different – it is bespoke to you, your family and your personal situation. 

Your Will is an investment. The upfront expense saves cost and heartache later.  

Inheritance tax efficient save hundreds of thousands of pounds, care home fee efficient will save hundreds of thousands of pounds, trust wills protect your entire wealth.  

Cheap usually means it’s prepared by someone who isn’t legally qualified, is not regulated, cannot advise on tax, sells you things you do not need or that do not work and is not insured.  

So what are you paying for? 

Bespoke advice tailored to you which includes inheritance tax advice and advice on mitigating this.  Business property and agricultural property advice and advice on mitigating exposure.  Advice and assistance on income tax, capital gains tax, ensuring property is owned in the correct way so it goes exactly where you want when you are not here.  Making sure your business goes exactly where you want when you are not here.  Protecting you estate from attack from third parties.  You are dealing with experienced qualified insured lawyers who understand you and your family inside out.  

To book an appointment, contact the team via wtp@mlplaw.co.uk or for further information visit https://www.mlplaw.co.uk/wills/

 

About the expert

Stephen Attree

Managing Partner

Stephen is the Owner of MLP Law and leads our Commercial, IP and Dispute Resolution teams which provide advice on all aspects of the law relating to mergers, acquisitions, financing, re-structuring, complex commercial contracts, standard trading terms, share options, shareholder and partnership agreements, commercial dispute resolution, joint venture and partnering arrangements, IT and Technology law, Intellectual Property, EU and competition law, Brexit and GDPR.

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