Writing a will could be stressful. It also leads to more difficult conversations. You have to nominate an executor in your will, for example, a person responsible for carrying out your last wishes. You’re probably going to want to have a conversation with that person and make sure they accept those duties. If you have underage children, you will need to have serious conversations with the people you appoint as caregivers. If you own a property jointly with someone else, you may already have a standing legal agreement when you purchase the property that tells what happens if one of the owners passes away.
The Free Will Kit solves all of these problems without the legal process issues, and the best part is that it’s completely free of cost!
What is a Do it Yourself Will?
The do-it-yourself will is the last will of the person making it, also known as the testator. Generally, a ‘do it yourself’ can be made with the help of a Will Kit or online software that allows you to fill in your personal information to have a valid final testament created.
Now that we know what a ‘Do it yourself’ Will is, let us know more about making a DIY Will to help you decide better.
Pros of Making a Will Online
Making a will gives you the possibility of ordering your affairs for after your death. Here are a few advantages of ‘Do it yourself’ Will:
- Less Time Consuming
It takes nearly 15 minutes to draft a simple online Will.
- Cost-Efficient
Composing a Will online can cost anywhere from $0 to about $100. Choosing a lawyer to assist you in writing a simple will with minimum assets costs at least a few hundred dollars, and possibly much more if you have a complicated estate.
- Something Is Better Than Nothing
If you’ve put off trying to write a will this long, there are fewer chances that you’ll call a lawyer to ask for help. When you utilize a website, you can create something on the spot. That’s far better than zero. Plus, if you later apprehend that you need to consult a lawyer, you can use the will you make as a jumping-off point. You might either write a fresh one or amend the existing one with the attorney’s guidance.
Cons of Making a Will Online
While everything that has an advantage has some disadvantages attached to it. Here are some:
- No Legal Advice
One of the lawyers’ roles is to help you think through worst-case scenarios and poke holes in your Will’s first draft. A skilled estate planning attorney knows what questions to ask to make sure you are fully covered. The more complex your estate, the more critical it is to make sure you have filled all your gaps. The advice is part of the service you pay for.
- Vague Language
To make a form applicable to all U.S. residents, online services sometimes use vague language in the fine print. It aids to choose a service that offers state-specific forms, although you may still encounter vague language, such as a generic name for a county or state office that may or may not exist in your jurisdiction.
- No witnesses or notaries
In most cases, you will finish online by printing it and having at least two witnesses sign it. Some states in the United States may require three witnesses. You might require to get it notarized, too, depending on where you live. A real challenge could be to get a document notarized during a stay-at-home mandate. In standard times, you can ask your local bank if they have a notary, as the service is sometimes free for customers.
Conclusion
Through a will, you decide how your assets are to be distributed among people you love. But without a will, the state gets to decide that for you. The Free Will Kit helps you live worry-free and assists you in making a will, and it provides clear instructions on how to sign your will and what all to include. It also ensures that your loved ones and property are protected, and you can leave your family behind with what is rightfully theirs. Request for your own Free Will Kit so you can get started making your last will today!
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