I would like comments / views on having wills prepared by a solicitor vs wills prepared by the public trustee. Are the wills prepared by a solicitor better than those prepared by the public trustee? We don't want to use a legal kit because our wills are a little complicated.
Our solicitor has quoted us more than $3K to do the 2 wills - I sent him an outline of each will regarding the distribution of the estate. However, the public trustee will do the wills for no charge but take fees out of the estate as the executor of the wills.
The executor fee by the solicitor is about 4%, whereas the executor fee by the public trustee is on a sliding scale - and works out lower than that by the solicitor.
We would appreciate any reply on this. Thank you.
Our solicitor has quoted us more than $3K to do the 2 wills - I sent him an outline of each will regarding the distribution of the estate. However, the public trustee will do the wills for no charge but take fees out of the estate as the executor of the wills.
The executor fee by the solicitor is about 4%, whereas the executor fee by the public trustee is on a sliding scale - and works out lower than that by the solicitor.
We would appreciate any reply on this. Thank you.