Secondly to my knowledge the solicitor is a bit harsh charging you twice as it is only a written document. I could understand him charging your estate twice to perhaps set up two seperate trusts with different vestment dates or what ever the structure but not really you at this stage.
I have no problem. I just told her to shop around. Is it really that complicated? This type of stuff should be bread and butter for any solicitor worth their salt. If she was giving a free will or a tiny fee will I'd understand but a fully paid will doubling the price I've little sympathy! If the amount was trivial in nature I dare say she wouldn't have taken issue! The payment for the will comes in the estate a very well known fact for any solicitor I know at least! In this day and age the consumer has the power to shop around! I guarantee she will get at least one quote for under €75 quid if she writes to them and states her intentions.If the OP wants a more complex will than the bog standard one and the solicitor confirms the additional cost in advance, where's the problem?
I have no problem. I just told her to shop around. Is it really that complicated? This type of stuff should be bread and butter for any solicitor worth their salt. If she was giving a free will or a tiny fee will I'd understand but a fully paid will doubling the price I've little sympathy! If the amount was trivial in nature I dare say she wouldn't have taken issue! The payment for the will comes in the estate a very well known fact for any solicitor I know at least! In this day and age the consumer has the power to shop around! I guarantee she will get at least one quote for under €75 quid if she writes to them and states her intentions.
The classic mistake when making a will is to save maybe €50 by getting the cheapest will possible and failing to ask the solicitors who prepared it what they are likely to charge to process the estate in the event of the testator's death.
Shrewd executors are all fine and well in theory but circumstances can be difficult after a bereavement, particularly where there has been a sudden or particularly traumatic death. Executors can themselves be vulnerable in such situations and many simply don't have the stomach to shop around or switch solicitors at that stage.
That's why its vital that the person making the will takes extreme care in selecting for that purpose a solicitor whom they can trust to safeguard their own and their survivors' interests. A few quid here or there in fees is in the scheme of things utterly irrelevant and this is one task for which people should not be shopping around on the basis of price alone.
In relation to your 60K example, I would suggest the executor was at fault for not asking for a price in advance.
I made my own will based on a draft of a previous will made by solicitor. My executors are 2 brothers whom I trust. My daughter is 15 if anything happened to me they are also her trustees until she us 25. They would be free to access funds for her care and education. If we are both gone I have just split it between my larger family nieces and nephews etc. I thought I was safe enough with this I was not aware the estate would be taxed on anything other than what the invested capital earned. From reading this post maybe I do need more advice particularly tax advice. I note T mcGibney suggests CTA qualified is that capital tax aquisitions? Where can I get this advice and is it ok to draft my own will in the way that I have?
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