The Goodwill Partnership is the largest distributor of home-visit solicitor-provided wills in England and Wales.
The cornerstone of all Inheritance Tax planning is a properly drawn will.
The Goodwill Partnership's fee for including a Discretionary Trust in your will is very competitive at £95 plus VAT. This fee is in addition to the basic cost of a single or double will, with its guaranteed lowest price.
You may wish to make financial provision in your will for your child or other beneficiary who cannot lead an independent life because of disability by setting up a Disabled Discretionary Trust in your will.
It is very important that legal guardians should be appointed until your children reach age eighteen. The Goodwill Partnership will incorporate their appointment into your will at no extra charge.
We guarantee to refund the difference in the unlikely event that you find a lower price for an equivalent service.
No. We charge a low fixed price, however complex your will, wherever you live, with no hidden extras and with a discount for your partner or spouse.
Our service includes a free, no obligation home-visit consultation plus legal advice and will storage from the panel solicitors who provide your will.
Wills should be regularly reviewed and often need amending. As a client of The Goodwill Partnership you will be charged just £12.50 plus vat for a new or replacement will whenever you require one.
You don't need to leave your home! The process is made extremely simple. There are no visits to the solicitor; your will instructions can be taken in the convenience of your own home by a trained counsellor at a time convenient to you - daytime, evenings or weekends. There are no extra charges for out-of-hours visits.
Your will is checked and provided directly to you by one of our panel firms of solicitors. All solicitors are fully qualified, practising and are regulated by The Law Society.
We recommend that you store your signed will with the panel solicitors for safe-keeping. They will provide you with an unsigned copy will to keep at home for your records. A copy of your will is also stored electronically on a computer data-base for your added convenience and peace of mind.
Either call us on 0844 669 6148 or click the Arrange an appointment button. If you request a call, one of our secretaries will then contact you by telephone to arrange a convenient time for your free consultation. This can be daytime or evening or weekend, whichever is most convenient for you. Allow about 45 minutes for our visit.
Some terms used in wills and probate matters:
Administering a will. Distributing the assets of an Estate according to the terms of a will.
Administrator. A personal representative who is not appointed under the terms of a will.
Attesting a will. The formal procedure of witnessing a will which requires that the will be signed in the presence of two witnesses who then affirm that they have witnessed the signature.
Beneficiary. A person or organisation benefiting from a will.
Bequest. A specific item or asset received by a beneficiary of a will. A gift of property may also be known as a specific devise. The term bequest may sometimes be loosely used to include gifts of money.
Capital Gains Tax (CGT). The tax levied on any capital gain on any assets that are sold or otherwise transferred. No Capital Gains Tax is levied on assets transferred upon death.
Child. In will or intestacy issues, a child of the person who has died includes adopted and illegitimate children, but not stepchildren (unless they are specifically mentioned).
Codicil. A separate legal document altering or supplementing the provisions of an existing will.
Common-law spouse. This term has no legal force, although a partner who lived with the person who died may be able to claim a share of the estate.
Conditional Legacy. A legacy which is conditional on an event.
Deceased. A Testator after she or he has died.
Estate. The assets of the deceased.
Executor/Executrix. A personal representative appointed under the terms of a will.
Gross Estate. The value of all assets comprised in the Estate.
Inheritance Tax. Replacing Capital Transfer Tax as from the date of the Royal Assent of the 1986 Finance Act, it is a tax on the transfer of assets on death. It also affects lifetime gifts when the donor dies within a seven year period of the gift being made; it is then calculated on a reducing scale.
Intestacy. Dying without making a valid will. A person is then said to die intestate.
Legacy. A sum of money received by a beneficiary of a will.
Legatee. A beneficiary.
Letters of Administration. The grant of the right to administer the Estate of person dying intestate. The document issued to the administrators by the Probate Registry to authorise them to deal with the estate.
Net Estate. The Gross value of the Estate less any debts owing by the deceased at the time of death and less any funeral expenses. Note that any Inheritance Tax that is payable is not deducted in calculating the net value of the Estate for tax purposes but for distributive purposes only.
Pecuniary Legacy. A specific sum of money bequeathed in a will.
Personal Representative. A person appointed by the Registrar to administer an Estate, e.g. upon intestacy.
Probate. The grant of the right to administer a will to the Executors of the will. (Also known as grant of probate).
Probate Registry. A court within the Family Division of the High Court which deals with Probate matters. The Principal Registry is in London and there are district registries in other cities and some large towns.
Proving a will. The procedure for obtaining the right to administer a will. The personal representatives have to obtain an official document from the High Court to show that they have the legal authority to deal with the assets of the Estate. The procedure for obtaining this authority is known as Proving the Will.
Residual Legacy. A legacy consisting of the residue of an Estate, or share of it.
Reversionary Legacy. A legacy in which the Testator bequeaths the income from the Estate to one or more people on whose death the Estate will pass to another, or others.
Testator/Testatrix. A person making a will.
Will. A legal document detailing how a person's Estate should be disposed of after death. A new will, will normally replace any existing will.
If you still have any unanswered questions, please call us on 0844 669 6148