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Bank's will-writing delayed charging: Beware!
by
Mark Green
on Fri 25 Feb 2011 13:40 GMT | Permanent Link
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This Month
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Bank's will-writing delayed charging: Beware!
by
Mark Green
on Fri 25 Feb 2011 13:40 GMT | Permanent Link
Banks agree to review their will-writing services amid fears that bereaved families are being overcharged £40m a year. Many banks offer what appears to be good value will services for as little as £100 or even 'free'. However, the banks then cash in, by being named as an executor to look after the estate. Hence they are being charged up to £9,000 for services, which many people could do themselves.
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