Gifts in Wills – What you need to know

Do I need a Will?

Yes! Everyone needs a Will

What kind of things do I need to think about?

You need to think about who you would like to leave an inheritance to and how much you would like them to inherit.

Who should I remember in my Will?

Whoever you want; family, friends, or a charity close to your heart.

Do I need a solicitor to make a Will?

Quite simply, no. You can buy a DIY kit, but it may be simpler and safer to consult a professional.

How much does it cost?

For a simple Will, the cost is usually between £100 and £200 for a single person or a couple. Or, you could sign up for LOROS’ Free Will Writing Month! You can give as much or as little as you wish, and this is a great opportunity to leave a gift to LOROS in your Will.

Is my Will written in stone?

Not at all. People are able to review and change their Will as often as they need.

I’m worried that if I make a Will then I will jinx myself!

This is something we hear many people say. Making a Will may seem grim, but it’s a reassuring act! You’re making sure your wishes are followed and that your loved ones are cared for.

What impact does Coronavirus have when making my Will?

Solicitors are a resourceful bunch of individuals and so we’ve simply found ways around the Government guidance of social distancing. We now mainly take instructions from you via one of the many video calling apps, such as Skype or Facetime, whichever you prefer. However, if needed, we are also able to take instructions via telephone or email, but much will depend upon the circumstances. As regards the signing of your Will, we can either provide your Will ready for signature along with signing instructions for you to do this yourself. Or alternatively, we can come to see you and do a “drive-by” signing, a doorstep signing or witnessing your Will through a window into your home.

To find our more visit loros.co.uk/wills