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Wills
Fees & Charges
There are many different types of wills that you can have depending upon your circumstances. Some may be relevant for you and some may not, so we have tried to make it easier for you to spot your life situation with some scenarios.
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These are just outlines, if your life is different to these situation still contact us. Wills are individual to you. You can't just pick something up off the shelf and expect it to fit. A Will should be tailor-made just for you.
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Wills for individuals, not married with no children
This will works for you if you meet the following criteria:-
• You are single
• You do not have children
• You have assets under £325,000
• You do not run a business or operate a farming business
These wills cost £300 plus VAT ie £360 to prepare
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Wills for married couples, with children
This will works for you if you meet the following criteria:-
• You are married
• You have children
• You have assets under £650,000
• You do not run a business or operate a farming business
These wills cost £400 plus VAT ie £480 per couple to prepare together
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Wills for divorced individuals with children
Things can begin to get a little complex when you have divorced. This will works for you if:-
• You are divorced
• You are cohabiting with another
• You have remarried
• You have a mix of children from different relationships
These wills cost £650 plus VAT ie £780 per couple to prepare together
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Wills for families with children with physical or invisible disabilities
When you are a parent of a child with disabilities priorities change completely and you want to make sure, above all else, that your children are safe and protected for the future.
This is where it is necessary to consider using trusts.
These wills cost £1000 plus VAT ie £1,200 per couple to prepare together
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Wills to protect assets against care charges
People are now more concerned about losing their hard earned savings in paying for care should circumstances arise.
Whilst there is only a small number of people who do eventually require long term care would you not feel happier if you had done everything you could to protect inheritance for your children.
These wills cost £1000 plus VAT ie £1,200 per couple to prepare together
More complex wills
If you have estates in excess of £650,000, have assets abroad, run your own business or farm you will require specialist advice which incorporates tax planning advice.
To prepare wills to include tax planning advice costs will be between £1000 and £2500 plus VAT ie £1,200 and £3,000 depending upon your circumstances
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Other fees or charges
Sometimes it is necessary to complete other work to ensure that your Wills are set up correctly. There are some costs called disbursements and some are additional charges made by Argo
Disbursements
These are fees that are payable to third parties other than Argo for other services that may be provided. You may encounter the following charges:-
H M Land Registry office copy entry fee £3 to £6 per property
H M Land Registry land charges subject to valuation of property
Electronic identification check £15 plus VAT (per name)
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What other documents you may need
There may be other services that you require in relation to the completion of your wills. These could be:-
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Letters of wishes £100 plus VAT ie £120 (each)
Notices of severance
and HM Land Registry registration £250 plus VAT ie £300
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