How Much Does it Cost to Make a Will in NSW?

Posing the question ‘How much does it cost to make a will in NSW?’ is much like asking ‘How long is a piece of string?’ in that the answer relies on several contributing factors and will be different in almost every circumstance.

Cost to make a will

The cost of making a will in NSW varies depending on how complex the document is, whether the will-maker chooses to use a DIY kit or a solicitor and what the individual solicitor charges.

Fees range from as low as $30 for an online DIY will kit to between $300 to $1000 to have your will professionally drafted.

How much you choose to spend on making your will should take into account the size of your estate, the nature of your assets, the number of beneficiaries you wish to name and how strongly you want to try and safeguard against potential contests to your will.

Preparing to make a Will

You can reduce the time it will take and therefore, the cost of making a will by ensuring you have prepared all the necessary paperwork and documentation before approaching a solicitor.

You will want to bring a list of all your current assets, including:

• Details related to any property you own, including your home and any investment properties
• The make, model, year, and registration details of any vehicles you own; including motorbikes, cars, caravans, and/or boats
• Details of all your current bank accounts including account numbers and current statements
• Details of any shares and investments
• A list of any personal heirlooms you wish to pass to beneficiaries

You will also want to prepare a list of all your beneficiaries, including their full names, current addresses and other relevant contact details

Preparing a document detailing your wishes for your funeral will also assist in speeding up the will-making process.