Category: <span>Online Wills</span>

None of us wants to think about our death. However, it’s important to understand your final wishes and what to do with your assets when you pass away to give you and your loved ones the peace of mind they deserve.

This is why getting an online will is becoming a popular option for many Australians. Not only does an online will qualify as a valid will, but it’s a much easier and more affordable process compared to going through traditional lawyers.

In this article, we’ll talk about how an online will can help you build your legacy. We’ll also touch on the key benefits of an online will and how to ensure you come out of the process with a legal will.

Read on to learn more.

What Is Online Wills?

As the name suggests, an online will is a legal will that you can accomplish and complete online. Most of the time, creating a legal will online involves filling out an online form, paying the fees, and waiting a few hours for your will to arrive. This is much quicker and more affordable than going to a physical law firm and asking them to create a customised and legally binding will.

While wills online Australia offer a quick and easy way to create a legally sound will, they are only best for those that need a simple will. If you have a complex estate, it might be best to go to a lawyer. That way, you can give clear instructions on how to divide your assets fairly and designate someone to execute the will.

Benefits of Online Wills

You might be wondering why so many people decide to get their wills online instead of consulting with expert lawyers. The main reason is that online will providers offer a straightforward process and quick process. So, you won’t have to wait as long for your will to arrive, and it’s much easier to make changes and edits along the way.

Here are a few more ways you can benefit from an online will and why you might want to consider these options when dividing your estate.,

Convenient & Easy Process

To start, getting an online will is extremely easy. In fact, you can get your will online today if you want. In just a few minutes, you can plan your funeral service, decide what to do with your bank accounts and other assets, and even designate someone to execute your will after your passing. So, if you want a simple process of creating your will without incurring additional costs, getting your will online might be the way to go.

Get Your Online Wills in Minutes

When you create your will online, you can receive the complete will in just a few minutes. Most of the time, people have to wait days, if not weeks, before the lawyer arrives with a draft of their will. But when you complete the online form and pay for the service, you’ll have a legally valid will in no time at all!

Easy to Complete & Edit

When you get wills and legal documents the traditional way, editing the documents can be really tough. But when you complete your will online, editing the will is much simpler. That way, if things change in your life and you want your will to reflect these changes, you can update the document in minutes.

Cost-Effective

Most lawyers will charge high rates when creating a new will for clients. But if all you want is a to-do list of your wishes after you die, you don’t need to visit a law office. Instead, you can get your will online for a much lower cost, allowing you to save some money.

Things to Put in Your Online Will to Protect Your Legacy

A good online will can help you build and protect your legacy. But for this to happen, you need to make sure that your will includes the following:

All Your Assets

Firstly, you need to ensure that you list down all the assets you want to distribute in your will. If you have a large estate, this can get complicated. However, it’s absolutely necessary for you to list down all your assets in your will, as that will make it easier to designate who receives what.

Beneficiaries

Aside from your assets, it’s important that your will includes all your beneficiaries. After all, you need to state where and to whom your assets go in your will. To make things easier for you, make sure to list your beneficiaries’ full names and addresses.

Special Gifts & Instructions

Aside from your assets, you need to place instructions for people to follow after your passing. This could be the details of funeral services, where they can find funding for it, and even special gifts you want to bestow upon your loved ones.

The Executor

Lastly, your online will should contain the name of the executor. This is the person who executes your will after your passing and should be someone you trust. Additionally, this person should remain neutral if ever there are disputes that arise because of the will.

Update Your Online Will to Ensure Your It Leaves a Legacy

Our idea of a legacy changes regularly. The legacy we may want to leave behind now may be different than what we want to leave behind years in the future. So, it’s important to update your will regularly so that it always reflects your wishes.

With an online will, you can update it as much as you want and whenever you want. You don’t need any special attorney documents and requirements to do so. This is another reason why people choose online wills when trying to create a lasting legacy.

So, even when you’ve completed your legal online will, make sure to update it every few years to better reflect your wishes and estate.

Conclusion

We all want to leave something behind when we die. If you want to make sure your estate is distributed properly and your children and loved ones are set, you need to create a will.

Nowadays, you can easily make your will online, giving you the peace of mind you need much faster than through traditional methods. So, if you want to give specific gifts and instructions to people when you’re no longer here, consider creating an online will today!

There are many Australians nowadays deciding to write their will online. For most people, this is a more convenient and cost-effective option that still ensures their loved ones receive their final wishes.

But before getting an online will yourself, it’s important to do the research.

In this article, we’re answering all the questions you might have about best online wills. We discuss whether or not it’s valid, how to ensure it’s legally sound, and some of the benefits and drawbacks of getting one.

Let’s dive in!

What Is an Online Will?

Let’s start by talking about what an online will is. Basically, this is a simple will that you can accomplish online. Most providers offer an easy process of creating your will that only takes a few minutes. On top of that, most online options are cheaper than going through a traditional law firm, making it a very attractive choice for those on a budget.

Are Online Wills Legally Valid in Australia?

While an online will is a fairly simple form, they are legally valid in Australia. You can easily get a valid will online that covers all the basics, like your funeral service, a small to-do list for the executor, and even special gifts that you want to give family and friends. Getting a legal will online is a very straightforward process, and when you have the right provider, you can rest assured that it will have all the requirements and qualifications of a legally sound will!

How Do I Create an Online Will?

As mentioned earlier, online will providers offer a very easy and convenient way to complete a will. The first step to creating your online will is finding the right provider. It’s important that your provider has expert lawyers in their team who can craft customised wills with clear instructions to follow after your passing. There are many websites where you can get your will online today, so take your time choosing the right option.

To make it easier to create your online will, here’s a quick breakdown of the different steps.

Find a Provider

Just like when you go through traditional lawyers, it’s important that you find the right provider when creating your online will. That way, you can rest assured that the legal will you choose will account for all your assets, from your bank accounts to specific gifts for loved ones. When you have a good legal will provider, you get the peace of mind of knowing your will is clear and has all your wishes.

Fill Out the Online Form

Once you’re on the provider’s website, creating your will is a very simple process. Most of the time, the website has step-by-step instructions on how to create a will on their website. Typically, this involves filling out an online form with all your basic information and what you want to do with your estate. After filling out all your information, simply submit the form and proceed to the next step.

Wait for Your Will

If you were able to put all the important and relevant information in the online form, then all that’s left to do is wait for your will. Some providers can create your will within minutes. However, it’s also pretty common to wait a day or two before they create your will, especially if you have a lot of special requests and clauses.

What Should I Include in My Online Will?

The reason you need to go through a provider when creating a will is because of all the factors and considerations to keep in mind when creating your will. To start, you’re going to have to name all your beneficiaries and list their full names and addresses. From there, you will list down all the assets you want to distribute and how you want them distributed.

If you have minor children, it’s also best to specify guardianship in your will. That way, your children will be safe if something happens to you.

There are many other things to include in your will, but one of the things you need to make sure of is there is your executor. Make sure that you trust your executor to execute your will as stated in the document and to stay neutral even if the will starts a family dispute.

How Do I Make Sure My Online Will Is Valid?

The best way to ensure the validity of your new will is to get your online wills from a reputable provider. It’s important that your provider is experienced and knowledgeable in the laws and requirements around creating wills in Australia. That way, you can rest assured that your wills and legal documents follow all the requirements and guidelines, making them legally binding.

Additionally, it won’t hurt to read up on local rules and regulations around creating a will. This makes it extremely easy to check your will and spot any anomalies that may not be legally valid.

How Do I Edit My Online Will?

One of the key benefits of an online will is that you can edit it whenever you want. Editing your online will is just as easy as creating it. This is another reason many people decide to go through online providers instead of traditional lawyers.

When Should I Get an Online Will?

It’s best to get an online will if you just need a document with the basic information and instructions after your passing. If you have a complex estate and a wide variety of special requests, it might be best to go to a legal office to create your will.

What Are the Downsides of an Online Will?

The biggest downside to an online will is that it isn’t as comprehensive as a traditional one. On top of that, most online services don’t include the additional attorney documents you might need along with your will. But if you’re looking to save time and reduce additional costs, online wills are a great option.

Conclusion – Should You Get an Online Will?

An online will is very convenient and easy to complete. While they may not be best for complex wills and estates,m they are great for those looking for a basic document that includes their final wishes.