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making a will for my wife and mother-in-law

  • 22-06-2017 10:27pm
    #1
    positivenote
    Registered Users, Registered Users 2 Posts: 2,337 ✭✭✭


    hI guys,
    Im looking for a quick bit of advice regarding doing making a will for myself, my wife and my mother in law. My mother in law is not in good health and has terminal cancer so we are trying to get her to make up a will as soon as is convenient for her. I have recently been quoted a cost of ?150 per person for this service but i always thought that this was a service that was provided for free or a much lesser cost as the solicitors would usually get further business when the will is being executed.
    Myself and my we have two you children if this has an impact upon the type of will we need to make and my mother in law has two daughters as her only remaining possible benefactors.
    Any help or advice would be greatly appreciated. We live in D15
    thANKS


Comments

  • #2
    uck51js9zml2yt
    Closed Accounts Posts: 18,268 ✭✭✭✭uck51js9zml2yt


    Cost seems about right. There isno guarantee of further work and the solicitor needs to pay his bills as well.
    Each of you should be treated separately and dealt with in private to prevent any accusation of cooercian


  • #3
    coylemj
    Registered Users, Registered Users 2 Posts: 25,620 ✭✭✭✭coylemj


    positivenote wrote: »
    hI guys,
    .... i always thought that this was a service that was provided for free or a much lesser cost as the solicitors would usually get further business when the will is being executed.

    The executor can decide not to use any solicitor or to use a particular solicitor who would not necessarily be the one who drew up the will.

    Either way, the prospect of future business doesn't pay for electricity or the wages bill.


  • #4
    December2012
    Registered Users, Registered Users 2 Posts: 4,695 ✭✭✭December2012


    No reason why a professional would work for free. Particularly skilled work that is time sensitive. Surely the 150 is cheaper than a court case?


  • #5
    Pat Mustard
    Registered Users, Registered Users 2 Posts: 9,554 ✭✭✭Pat Mustard


    positivenote wrote: »
    i always thought that this was a service that was provided for free or a much lesser cost as the solicitors would usually get further business when the will is being executed.
    It used to be the case that there were more solicitors who used to offer free Wills in the hope that after the death of the testator, the executor would use the services of that solicitor to administer the estate. Part of the reason for this is that until relatively recent years, it used to be that probate fees were much higher than they are today.

    However, times have changed. Many things changed during the recent recession, regarding competition and pricing wrt legal services. The market is much more competitive now. As a result, probate fees tend to be much lower these days. Furthermore, solicitors are more conscious of the fact that there is no guarantee that they will get the business after death of the testator. Clients are more mobile these days and they can and will retain other solicitors more readily.

    Therefore, it is more likely that solicitors will charge for drafting and overseeing execution of Wills, these days.
    positivenote wrote: »
    Myself and my we have two you children if this has an impact upon the type of will we need to make and my mother in law has two daughters as her only remaining possible benefactors.
    Any help or advice would be greatly appreciated. We live in D15
    thANKS

    As regards the cost of it, Wills that have minor beneficiaries tend to incorporate trusts. Therefore, there is more drafting and more work and solicitors tend to charge more for these "Trustee Wills".

    I don't think that €150 is at all unreasonable for such a Will but I suppose that it is possible that you may find a cheaper price out there, if that's what you want.


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