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Pros and Cons of Writing Your Will by Yourself

August 2, 2021 6:46 pm

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You may have thought that you need a lawyer in order to write a legally binding will but that is not the case. You are able to do it yourself, as long as you include the essential declarations such as that you of a legal age, a sound mind, and include the name of your executor or trustee to make it legal. However, there are pros and cons to writing your will by yourself which is why I’ll share them to help you decide whether it’s the right decision for you.

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Firstly, the number one benefit of writing your will yourself is that you don’t have to pay expensive lawyer fees.

A second advantage of a do-it-yourself will is that it saves time. You won’t have to book an appointment with a lawyer and using a template online can make things even quicker and easier.

On the other hand, some disadvantages of creating a will yourself are that if you make a mistake, which is likely considering how complicated wills are, you could cost your heirs time and money. The whole point of your will may be to protect your heirs from financial difficulty, so you really don’t want to get this wrong just because you want to save time and money during your life.

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Lastly, another negative of writing your own will can be that DIY wills can be too simple. You’ll want to make sure you include as much information as possible in order to avoid any family disputes after you die. Hiring a professional in will writing Cheltenham, such as Bees and co, to do it for you can save you this worry, and ensure that everything that needs to be included, has been.

Overall, I think to be safe it would be best to hire a professional writer of wills if you can afford it. This will make sure that everything has been covered in your will and your death won’t leave loved ones feeling bitter due to errors you have made in your will.

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