reasonable charges for wills and LPA

[awful999]

Hello everyone, do your have any recommendations for lawyer firm that provide reason charges for will writing and/or LPA?

Thanks

 

[quirkyhill]

for LPA check out office of the public guardian's website, they got relevant resources: https://www.publicguardian.gov.sg/The-LPA/How-Can-I-Make-a-Lasting-Power-of-Attorney

share your experience after you're done

 

[wondrdoggie]

It depends on how complex is your will. Will cost about $300-1500. Service include drafting, advice, witnessing and registering it to the Wills Registry.

 

[jjtml]

Would recommend Mr Tay. He's my friend's father.

http://www.willandlegacy.com/home/pages/cm/ttp-services/services

 

[goldsilvercity]

oh yah... this is a reminder to myself to set up my will and LPA.
have been delaying this for faaaar too long...

 

[NiteX2]

Hi, I am a rep from Rockwills. It's a company that provides mainly estate planning services. Feel free to PM me if you require help with writing your will. Have a good day!

 

[james9195]

My will was done in Dec2014 submitted through NTUC, see this link https://www.income.com.sg/value-added-services/referral-services/will-writing-services

The costs will depend on the complexity of the will, and starts from around $300 for a simple will. My will was considered slightly more complex $360 as i had added in an additional condition on distribution.

Registration with Wills Registry costs $50. I also opted for the will to be held in custody with the law firm which costs $500 for 10 years.

Prices should be competitive, you can also check with the various parties mentioned in this topic. I also suggest you list down your assets and think carefully how you want the distribution to be done and to whom and in what % (if not equally). Most people will only need a simple will (or with one or two additional requirements). Well, if there is a complex family situation or to cater for a special needs child, the costs of the will be higher.

 

[james9195]

By the way, i heard the prices at the law firm which did my will have been revised (increased). So for simple will i figure is around $350.

 

[wts2013]

I'm trying to write my own will based on template from a book, there is no need to register nor keep it with lawyer, so zero cost to me, hahaha, I no multi-million leh, then can try to simplify distribution lor, hahaha

 

[wts2013]

My will was done in Dec2014 submitted through NTUC, see this link https://www.income.com.sg/value-added-services/referral-services/will-writing-services

The costs will depend on the complexity of the will, and starts from around $300 for a simple will. My will was considered slightly more complex $360 as i had added in an additional condition on distribution.

Can share your template, help use cut cost leh, hahaha

 

[james9195]

Can share your template, help use cut cost leh, hahaha

will try to but i lazy leh, haha....see how as i am rather busy right now...

Can draft your own will if it is simple requirements but make sure it is valid in eyes of the law. Key thing is I wanted make sure only my loved ones are not left out of asset distribution when I pass on.

Requirements vary from person to person. If for instance there is a man with 2 young kids (and the wife has passed on) and this man is writing up a will, there will be complexities.

 

[tidalstorm]

Would recommend Mr Tay. He's my friend's father.

http://www.willandlegacy.com/home/pages/cm/ttp-services/services

Mr tay is highly recommended. Have used his service 8 years ago.

I know some people want to DIY own wills to save cost but imo the last thing we want is the will that we diy was not recognised in the eyes of the law. End up children, spouse or people who should get yr monies cannot receive it as the will is not recognised.

Writing the will is more complicated than you think. It should.cover all angles. Last time when mr tay drafted mine, there is a clause whereby monies will be distributed to the children that is born by me and my wife (with name). If I got a mistress and a child with the mistress. The child will not be entitled to my monies. I was like wtf? Like dat also can?

Me not affiliated with mr tay. Just a satisfied customer.

Hope this helps

Sent from Bona Fide Phone using GAGT

 

[awful999]

Thanks for all the advice

 

[hwmook]

Mr tay is highly recommended. Have used his service 8 years ago.

I know some people want to DIY own wills to save cost but imo the last thing we want is the will that we diy was not recognised in the eyes of the law. End up children, spouse or people who should get yr monies cannot receive it as the will is not recognised.

Writing the will is more complicated than you think. It should.cover all angles. Last time when mr tay drafted mine, there is a clause whereby monies will be distributed to the children that is born by me and my wife (with name). If I got a mistress and a child with the mistress. The child will not be entitled to my monies. I was like wtf? Like dat also can?

Me not affiliated with mr tay. Just a satisfied customer.

Hope this helps

Sent from Bona Fide Phone using GAGT

Now we all know you got a mistress outside.

 

[tiny]

Now we all know you got a mistress outside.

That's why many businessmen likes to go Bangkok and Vietnam...

 

[daewood]

this thread is helpful

 

[JuniorLion]

DIY wills using OCBC WillGenerator should be fine.

 

[fire]

For LPA it's free for sinkies at the moment, just apply at the website below:

https://www.msf.gov.sg/what-we-do/opg/lasting-power-of-attorney/what-is-a-lasting-power-of-attorney

You have to pay for the certificate issuer though but not much $50-60+ if you get the CI from a GP clinic.