Creating an online will is a convenient and cost-effective way to ensure that your wishes are carried out after your passing. However, there are some important considerations you should take into account before you create your will online. Here are some of the key things you need to consider before creating an online will.
Legal Requirements: It’s important to ensure that your online will meets all the legal requirements of a valid will. This means that it must be signed and witnessed in accordance with the relevant laws in your jurisdiction. It’s important to check the requirements for your state or country before creating your will. If you want to know more about online wills, you can visit here https://www.trustees.co.nz/private-wealth/family-and-estate-planning/wills/online-wills-nz/.
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Security: As an online will is typically stored in a secure, encrypted database, it’s important to ensure that the service you use is reputable and secure. Look for services that offer encryption and other security measures to ensure that your will is not tampered with or changed after you have passed away.
Updates: Your circumstances may change over time, which means that you may need to update or amend your will. It’s important to make sure that the service you use allows you to update your will easily and quickly if necessary.
Costs: While creating an online will is usually much cheaper than using a lawyer, it’s important to make sure that you understand the costs involved. Some services may charge a one-off fee, while others may charge an ongoing subscription fee.
