At Iridium Law we provide clients with an efficient cost effective service. Our Will drafting fees can be found below:
‍
Single will
‍From £175 + VAT

Mirror will
‍From £350 + VAT

Trust will
‍From £500 + VAT

Making a Will depends on your circumstances.Just answer some of our simple questions online or speak to our experienced solicitors and we can tailor the Will best suited to your needs. There are different types of Will which include:

‍Single Wills – Are a standard Will for one person who wishes to make their own independent arrangements.  You can make a single will whether you have a partner or not.

‍Mirror Wills – Include two standard Wills, ideal for a couple that have very similar wishes about what should be written into their Wills.

‍Trust Wills - A Trust Will is simply a trust created in your Will. It allows you to control how your assets are managed and distributed after your death. There may be circumstances where you would prefer that your estate doesn’t go directly to the beneficiaries when you die, but rather, that it is held on behalf of those beneficiaries in a particular way.

Almost without exception, a professionally drafted Will is the better option than the more ’DIY’ option. Not only can you be confident that your estate will pass according to your wishes and instructions, but you will be guided in thinking about your assets and family circumstances to ensure that all matters are appropriately dealt with.

A Will drafted by yourself is likely to be limited especially if you require a trust to be set up and this would certainly require professional and careful drafting. Without the assistance of a solicitor, you may be missing the opportunity of leaving the estate in the most secure and efficient way possible.

A standard Will simply outlines how your assets should be distributed after your death. A Trust Will goes a step further by placing those assets into a trust, which are then managed by trustees according to your instructions. This gives you greater control, flexibility, and potential tax benefits compared to a standard Will.

An Executor or executors of a Will are responsible for managing your estate. They will assess the value of your assets, settle any outstanding debts, and distribute the remaining assets to your beneficiaries in line with your instructions. Executors can also serve as trustees if your Will creates any trusts.

It is common to appoint two, but up to four executors can take on the responsibility for administering the Will after your death. It is important to choose someone who can carry out the role. Most people will name someone they know and trust to be their executor.

Yes, a solicitor can be an Executor of a Will. You will have to appoint them as an Executor in the same way that you appoint any others to carry out the role. Solicitors are entitled to charge for their services, however, so will likely charge you to appoint them as an Executor.

This is a person designated to receive assets, property, personal items or investments from your estate. Beneficiaries can include family members, friends, charities or even organisations.

If you have children who are under the age of 18, you’ll need to make provisions for them. This includes naming a legal guardian who will be legally responsible for your children if you and their other parent both die while they are under the age of 18.

If you do decide to create a trust, you’ll need to appoint trustees who will manage the trust on behalf of the beneficiary. Your trustees can be the same people who act as your executors.

A trust can be used is to protect your children's inheritance if they are still under 18. For example, you might want their inheritance to be placed in a trust which they can only access at a certain age.

If you have preferences regarding your funeral arrangements, you can detail your wishes in your Will to guide your loved ones during a difficult time.

To minimise the impact of taxes on your estate, we’ll help you take advantage of available tax reliefs and allowances, ensuring your beneficiaries receive as much of your estate as possible.

You may store your Will with the Probate Registry who will keep it safe. If you wish to do this, we will prepare the necessary documentation to store the Will.