Will Writing Process
Will Writing
Why 96% of Singaporeans do not plan for their Will?
Well, because thinking about writing a Will inevitably involves thinking about what happens after our death, and we are not used to thinking about death; at least not every day!
The second reason is because it is human nature to fear the unknown. In this case, the unknown is "HOW MUCH?!?" Well, going to a top notch lawyer will cost you quite a lot, as lawyers in big firms charge by "per hour consultation".
At The Legacy Protector Pte Ltd, although your Will is also written by our panel of lawyers, we are able to keep our costs affordable through our unique Will Writing Process (see below), which suffices for the majority of cases (see below for conditions). However, if your situation is unique and requires more clauses then a normal simple will, each additional clause is charged at only $50.
Finally, the reason why most of us don't take the step to write our Will, though we know it is important, is simply because: we do not know where to start!
Well, your search has ended.
At The Legacy Protector Pte Ltd, we are experienced enough to guide you through the Will Writing Process, so that you will not feel lost!
The Will Writing Process
A normal Will Writing Process will take 2 sessions:
1. The 1st session is the information-gathering stage, whereby we find out what your wishes are, and to go through with you the thought process of appointing the appropriate Executors, Trustees and Guardians.
We are able to meet you at your convenience for this first session. Venue can be at your place or somewhere near you. We can meet you after office hours on a weekday or on Saturdays (we try to avoid working on Sundays and public holidays). Of course, we can also meet you during office hours.
Alternatively, you can come visit us at our office at 1 Coleman Street #05-041The Adelphi S(179803) - during office hours only (Mon-Fri, 9am to 5pm)
However, if you wish to proceed to the 2nd Session to write your will, then we will collect a SGD50/- per person and we will let you fill up a "Will Performa" which is the draft for your Will.
Once you filled up the "Will Performa", you can then let us know of 2 alternate dates and time (weekdays office hours only) to meet up at the lawyer's office
2. In the 2nd session, we will finalize your Will together with the lawyer, based on the draft you made in the 1st Session.
The lawyer will spend about half an hour to go through the meanings of the legal clauses in your Will, and make any last minute changes.
We will then let you sign the Will in front of the lawyer as one witness, and me as the other witness.
In this way, you only need to meet the lawyer once and that is how we keep the prices reasonable!!
With this arrangement, we are able to keep the cost of writing Wills down, as you will only meet with the lawyer once.
Components of a Standard TLP Will
Our price is based on a "Standard TLP Will", the definitions of which are:
Does not involve foreign assets
Up to 3 levels of giving. For example, to my wife (1st level), if not to my children (2nd level), if not then to my designated charitable organization (3rd level). "Common Disaster Clause"
Up to 3 specific gifts.
Our Standard Will is only $440/- net (before discount)*:
Your Will is written at a law firm and backed by the lawyer's Professional Indemnity Insurance, unlike some will-writing firms who are not a law firm, and hence not subjected to Law Society's rules & regulations.
You get a FREE consultation to find out if you really need a Will (Because some of your assets, such as CPF Monies, will not fall under your Will). You are only required to put a SGD50/- deposit if you wish to proceed to write your Will with our lawyers.
Your Will is NOT charged based on number of clauses (unlike some in the market). We believe in tailoring the Will to Your Unique Needs and not using a template for everyone!!
Variations to the Standard TLP Will will be subjected to different pricing. Normally, the cost is $50 for each additional clause.
However, we will let you know the exact charges before proceeding and you will not spend a dime if you are not comfortable with the pricing.
Call 6250 9656 (ask for Mr. Ambrose CK Ting of The Legacy Protector Pte Ltd)
*ALL enquiries will be entitled to a 10% Discount from our published price.
Now for a No-Obligations phone consultation now!
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