Has anybody got some advice on how to go about preparing a will. I was quoted $6000 today and find that to be ridiculous. I am an Australian and own property both here and in Oz. I also have young children and just want to make sure I'm covered on all angles without being ripped off. If I were to prepare my own and have it wittnessed by friends - would that be enough? Any advice much appreciated.
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What do you think it's worth, considering the time your lawyer has spent in training about how to protect your property on two different continents having two separate legal systems, the time it takes to research your situation, draft paperwork, pay a staff and office overhead, execute and file the documents, the degree of protection you need, and the potential malpractice risk if he doesn't get it right? If you're talking 6,000 HKD, I wonder how you got such a deal?
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Go to www.profwills.com Tel: 2803 0705 speak to Janet or Hugh - approx US$322
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Actually I can recommend Janet and Hugh too. It did cost about the $6000HKD mentioned but it was for myself and my husband. I also own property in two different countries and have an interest in a business here. I figured the will should be good for the next ten years provided there are no major changes in my circumstances so the cost averages out ok. Also they had a lot of good advice about certain wordings in the will to make it less likely to be challenged. They made suggestions not just about the property but smaller, personal possessions, and also about funeral arrangements etc. I thought they did a great job and the cost was worth it.
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