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  • Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    Does a will have to be written by a solicitor to be legal? HOw much do solicitors charge for it?

    Anyone bought the “Legal Will Kit” from the POst Office for $19.95? How is it?

    Can people write their own will themself?

    ***********************

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544

    Hi Fulloout,

    We paid $520 for a solicitor drawn up will & enduring power of attorney 18 months ago.

    For me the $ is a sound spening of our money as it ensures our assets will be distributed according to our wishes. Even though our situation is relatively simple husband, wife and two kids with no ex-partners in the picture it ensures there is no ambiguity in the readings and will help preserve the peace after we move on.

    Why cut a few corners to save a few dollars now – when the ultimate cost could be far greater. It is a bit like people who use public trustees for their ‘free’ wills – ever wondered how they get paid – by taking a percentage of your assets at time of death.

    Derek
    [email protected]

    Property Investment Support Available. Ongoing and never stopping. PM welcome.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    You do not have to use a solicitor to make a will. But if you do something wrong – eg getting a beneficiary to witness it, it could end up being uselless.

    check out http://www.lawcentral.com.au for some wills you can purchase on line. also look up testamentary trusts.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 3 posts - 1 through 3 (of 3 total)

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