Why can’t most people afford a Will?

We know that every adult should have a Will. There is never an appropriate situation to die intestate; it leaves a mess for your loved ones, and key appointments like those of the Trustee or the guardians for children are left up to the courts. However, lawyers continue to charge several hundreds of dollars or pounds to prepare what is often a very simple document.

Canada’s top judge once again berated the legal profession for making themselves inaccessible to the majority of citizens. It’s nothing new, she said the same thing a year and a half ago. She made the point that writing a Will is a basic right, and everybody needs one, but how many people can afford $600, and why would a lawyer charge this much for a Will that could be generated by an intern by using Will creation software.

If we look at the average pay of “the 90%”, in the US, they are making about $36k a year. After paying bills, it doesn’t leave much for a discretionary spend of $600 for a Will. Particularly, if the Will might only have a useful lifespan of a few months or a year. Does this mean that 90% of the population have to just do without?

One of the comments under this article summed it up beautifully

When you have to work a week to pay one hour of legal fees, the system is broken.

Other options are available, like the blank form Will kit, but as we’ve written in the past, they are terrible, and it’s not fair that people on a tight budget should have to make do with a solution that is inherently problematic.

Yesterday we received a wonderful letter from a customer;

I have just completed an on-line Will for my 82 year old mother-in-law who is about to have a hip replacement operation, not serious but made her think about her Will. She has no property and her estate is worth less that £10,000 enough for her funeral and a few Premium bonds left to the children. She is currently living off a state pension so £200 solicitors fees for a Will would have meant hardship. Your software was easy to use and took up very little of my time.   The price of £25 was excellent value for money and affordable for a person on a state pension….You should be very proud of your Company and I wish you every success

We are indeed very proud of our company and what we are able to do. Through the services at LegalWills.caUSLegalWills.com and LegalWills.co.uk we have been able to help tens of thousands of people prepare their own Will, every bit as solid as a Will created by a professional, but at an affordable price. We do feel that writing a high quality, legal Will is a basic human right and that legal professionals are too expensive for the vast majority. We also feel that lawyers and solicitors charge too much for what is often a very simple service.

Unfortunately today, this is a conversation you will rarely hear

Client: “I want a simple Will, everything I own to go to my spouse, and if something happens to both of us, to be shared equally between my two adult children”.
Lawyer: “You know, that will only take about 10 minutes, and I can get a legal clerk to put it together – let’s call it $25”.

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