It is not enough to tell you about the possibility of creating an online will. We should also endeavour to teach you how to make your online will. The way is by using the Do-it-yourself approach and arrive at the right end. Also, you will not spend much time with an attorney or pay a considerable fee for an attorney’s charges. When you learn the basic principles of writing an online will, you will discover nothing to stop you.
Managing real estate properties is a core part of creating a viable will that will be approved as a legal document. A solid real estate plan is an essential part of the equation that we cannot overlook under any guise. It may be one of the primary, most important things you will eventually find yourself doing. Such a real estate plan can protect you, your family, your loved ones and the legacy you will leave behind.
Creating an effective online will is vital to that real estate plan. That is, you should make to secure your assets after passing. Many people feel overwhelmed when they think of creating a traditional will against an online will using the DIY approach. At Chamberlain, we have decided to provide a solution to the pressure that this feeling gives. When you start creating a choice by yourself, it reduces the overwhelming feeling.
How to Create a Will in 7 Simple Steps
Creating an online will takes roughly about 15 minutes on average. We have therefore broken down the process into seven simple steps. The intention is to show you that creating an online will is straightforward. There are basic principles that work in this regard. These processes can help you navigate through and arrive at the legal document as intended. Finally, you can create a will template to cover all the fundamentals of estate properties for your family. Let’s look at the seven steps below
- Start to create the document
When you are ready to create an online will, log on to our site and start the process. The first step is to choose the product you desire. Then, you can begin to build the will, which is the primary target.
- Name the beneficiaries and your executor
Creating your online will template is one step; assigning an executor is another critical step. You need to identify those who will benefit directly from your properties so that you don’t leave that to chance. The assignment must also follow you’re your intention and wishes. However, the beneficiaries must look up to the executor who implements all the will’s contents.
The executor ensures that all your wishes about eh will are honoured to the letter. He oversees that estate and communicates with the beneficiaries who are stated to have the assets and properties. Finally, they distribute all the assets according to the will.
- Choose a guardian
A beneficiary of a will may require some caring for some time, such as small children or dependents. Therefore, you should name a guardian who will apportion this care to them if you are suddenly no longer there. This role is more or less that of a caretaker who will control a piece of the estate. On the other hand, certain people may feel they are more suitable to assume this role after your demise. As a result, you will need to state the specific person to perform that role.
- Organize your assets
It is not only sufficient to create a list of your assets. It would help if you organised them according to importance and value. This step enables you to make things easy for the executor when executing your plan as you have prepared them. Some of the items to include in your will include the following
- Real and personal properties
- Cash checks and savings accounts, as well as other bank accounts
- All forms of business ownership, stakes, partnerships or portions of ownership
- All royalties, patents and copyrights
- Stocks, bonds, mutual funds, and other forms of business ownership
- Other possessions.
- Sign your finished online will in the presence of witnesses
After preparing your will online, you can print it and prepare it for signing and notarization. During the signing process, you need to provide at least two witnesses who are older than 18 years. Note that the signing process must be according to the state’s laws. That is, you must factor in all the conditions from the beginning of the process.
Therefore, you may first establish what the state laws require before the wills can be notarized. Our template also considers the state laws to tailor your specific needs to the preparation of your online will. Also, we provide you with a knowledgeable attorney and other experts in the estate planning business.
- Save your online will
When your will is finished, printed and signed, the next thing is to protect it. So, ensure it is well-kept and provided when the time comes. You need to save your will in a safe place where only those you have assigned can access it. For instance, you can use a safe deposit box or a fireproof safe. However, remember to give next of kin who will still have access to this item when you are no longer there.
- Recheck and update your will if necessary
It is crucial not to ignore your will after safely keeping it. By reviewing the will, you may find one or more things you could add to make it perfect. In addition, you may want to check the significant events of your life if there is any need to do so. For instance, you may wish to update birth dates, death dates, and marriage or divorce dates in the family. However, even if no significant event has occurred over the years, you should still revisit your stored will or testament. The frequency of the will or testament may bes every three to five years.
Above is essential information on unique ways to write your will online, without the help of an attorney. Not to say that an attorney cannot append a signature to your will if your state laws require it. But it is sure you can save cost and time with the online will creation methods. Contact Chamberlain today to learn more about creating an online will.