Are more DIY Wills being written?

13/10/2011 » In: DIY Wills, Wills »

Are more DIY Wills being written?

Throughout the UK, Europe and indeed many parts of the world there is a fear of recession and what it might bring. Many people worry about how their standard of living might change and decline.

There can be a fear of job loss or even their house. With all that going on discretionary spending is falling rapidly.

Writing your Will is in the ‘discretionary purchase’ bracket. It can be made any time or never. Of course for many it is a sensible and desirable thing to do. It may even be seen as a rite of passage by some.

So perhaps it would not be surprising to hear that more people want cheap or free wills. That is my interpretation of internet search results.

The problem is that this sort of ‘product’ can be a big mistake for many.

Just picture the sad scenario where the £9.99 Post Office bargain DIY Will is discovered to be invalid or ineffective during the fallout period after the death of that person you love and care about.

Dying intestate because your money-saving DIY Will has not been signed correctly is a rotten epitaph.

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