5 reasons to make a Will online
Most of us are acutely aware of the importance of creating a will. Whether we have a lot, or a little, setting out what we would like to happen to our assets in the event of our death can help us provide for loved ones and dependents according to our wishes. Online Wills are now the most effective way of managing our assets and you can make a Will online easily with Lexikin.
Unfortunately, around two thirds of us have so far failed to make a Will, giving us no say whatsoever over what happens after we die. Some of us fail to make a Will because we don’t feel we have many assets to distribute. Some, because we just haven’t got around to it. But many of us have put off making a Will because of the perceived investment of our time and our money involved in getting it done.
But did you know that actually you can make a Will from the comfort of your own home? Yes, in our digital age where you can do everything from order pizza to send a birthday card online, making online Wills can be done in a few simple clicks. Here are some of the main benefits of choosing to make your Will online, to help you figure out if this is the right choice for you.
Online Wills cost significantly less
Making a Will in person with a solicitor can cost big bucks. On average, the cost of making a Will in the UK today ranges from £100 to £200, and more if you want to make a joint one with your partner. Because online Wills are largely DIY, the cost is much cheaper, with Wills available online from just £95 and up.
Online Wills are completed much quicker
When you visit a solicitor to make your Will, you will need to have at least one meeting to hash out the details. After this, you will usually wait for anything from a week to a couple of months to see the finished document. With an online Will, you prepare the document yourself, and can have the finished product in front of you in as little as half an hour.
You don’t have to discuss your private details
If you don’t like discussing personal matters with strangers (and who does?), making a Will can feel like a rather invasive process. Your solicitor will need to ask a lot of questions about your assets, and you’ll need to disclose a lot of personal information to them. Choosing to make an online Will means you’ll be able to keep yourself to yourself.
Online Wills are easy to amend
Wills should be living documents, and should not remain static for prolonged periods of time. Changes such as births, marriages, friendships and changes to assets need to be accounted for in your Will, making it important to update your document every few years or so through the use of a Codicil. If you need to do this with your solicitor, you’ll need to invest again to secure their time. Online Wills make it easy for you to update or amend your document, without involving anyone else.
It’s just as powerful as a physical Will
You might be concerned that an online will may not be as effective as one drawn up by a legal professional, but that’s not usually the case. As long as the Will complies with UK law, then your online Will carries exactly the same weight as a Will drawn up by a solicitor.
Making online Wills can be a great solution to the time poor, budget tight person. Failing to make a Will could leave your loved ones in a sticky situation, but with online Wills you can ensure their future without the hassle of a solicitor’s involvement.
Use Lexikin today to make your online Will, and make sure your loved ones are taken care of once you are gone.
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