A will is an important legal document that establishes the terms of how your property should be distributed upon your death. It allows you to choose an executor (person responsible for carrying out your wishes), and also names guardians for children, if necessary. It can also set out instructions for charitable legacies.
You can make your own will by using one of many do-it-yourself tools available on the internet or in bricks-and-mortar stores. These typically come with guides, templates and examples that help you write and legally validate your will. Some of these services are free, while others are paid. If you’re considering a paid service, look for one that offers direct support. You may find that a paid service is the best option for you if you have complex assets, family dynamics or other issues that require professional advice.
Traditionally, people have gone to lawyers to prepare their Will and other estate planning documents. This can be expensive and time-consuming. It can also be intimidating for some people.
There is a new industry that offers online will writing services. These services offer a simple, convenient and affordable alternative to traditional in-person lawyer services. These services work by asking you a series of questions online, which then creates a document that meets your local laws. In some cases, the document you receive is word for word identical to one prepared by a lawyer.
If you use a will writing service, it’s important to read the terms of service carefully. The service should make it clear what information they need from you and why. You should also understand what happens if you’re not happy with the service. If you’re not satisfied, you should ask for a refund.
The best will writing service should be easy to use. It should also be mobile-friendly, so you can access it on your phone or tablet. In addition, it should offer a secure platform for keeping your documents. Finally, the service should be transparent about its pricing and how it works.
It’s also important to find a will writing service that will update your documents as your circumstances change. This is especially important if you have children or significant assets. If your documents are not updated, they could be contested in court.
It’s generally recommended that you review and update your will every three to five years or after any significant life changes. This can include a marriage, divorce, or the birth of a child. It’s also a good idea to update your will after major financial transactions, like purchasing a home or investment property. This ensures that your will reflects any changes in your personal and financial situation.