Usually, people make a will through the offline process in which they have to visit a legal advisor to complete the entire process. However, there’s an online will-making facility also available in the market in which you can create a will using online tools. Senior citizens or people with health issues can find it easier to use online will-making compared to the offline process. Let’s find out more about the online will and how you can use this facility.

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How To Make An Online Will?

There are several online platforms available in the market that provide the facility of making a will. You may choose one of the credible options. After making an account in the platform by providing details such as your name, address, age, contact number, etc., you have to go to the next step of providing your asset details. You can mention details of assets such as your investments, property, bank accounts, gold possessions, vehicles, and other valuable items. Now, you have to appoint beneficiaries for each asset by mentioning the share of the beneficiaries in each asset.  Provide the name of a secondary beneficiary who would be entitled to receive the asset in the absence of the primary beneficiary. At last, you need to mention the name of the executor who would execute the will. When mentioning the list of assets, try to mention each detail very carefully. Details of the beneficiaries should include details such as their name, age, gender, address, contact number, etc.

Who Should Use The Online Will Facility?

People who believe their case is not complex and there are no chance of a legal dispute, may go ahead and draw their will using online platforms. People who believe that there can be legal issues or a fight among the beneficiaries at the time of execution, may better opt for offline will-making through a legal expert.

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Things To Keep In Mind

Before you complete the will process, you’ll get the page to review all the details. Always check every detail very carefully while reviewing. Before you create a will, according to the guidelines of the platform, you’ll be required to digitally sign the will in the presence of witnesses. At the end, the will is encrypted and safely stored online for the future.

One of the important benefits of the online will is that you can update it whenever you feel necessary and save it after completing the necessary procedure once again. You just need to keep in mind that your family members and beneficiaries are informed about the will that you have created online.

The author is an independent financial journalist.