We all know of the importance of estate planning and, in particular, making a last will and testament. However, despite this over 65% of Americans pass away without ever making a last will. Of those that actually make a last will, many of these wills turn out to be invalid or flawed in some way. This usually happens with home made wills as people fail to take proper care in making their last will and subsequently in executing their Will. Fortunately, there is a simple way to avoid having your last will deemed invalid – you can create a will online.
One of the best ways to make a legal will is to create a will online using the internet. There are a number of reputable companies, like EstateBee, which have been in business for a long time that now offer online will writing services.
As you answer questions, the online will making software will present you with questions relevant to your circumstances. For example, when you indicate that you have children a good piece of online will writing software will automatically ask you about guardianship of your minor children – in much the same way as a lawyer would.
Once you have answered all the required questions and made all appropriate selections, the online will maker software will process your answers and formulate a last will & testament that is unique to your particular circumstances. You can then usually purchase the last will you made online for a small fee.
In choosing an online will provider, you should ensure that you select software that has been prepared by lawyers (many are not!) and that is being sold by a reputable company with estate planning experience – like EstateBee which has been operating online since 2000. You should also look for will making software that includes advanced features like the inclusion of alternate beneficiaries (few pieces of online will making software do), UTMA custodianships, child trusts, pot trusts, guardianships and options for the payment of taxes and debts.
You can buy cheap online wills on many websites. However, before you do, you should make sure that these cheaper online wills contain the same options (or at least some of them) set out for online wills above. Otherwise, the cheap online will may end up costing your family a lot in the long run…..be careful……
How Can EstateBee Help You?
EstateBee’s Online Will Writing Software allows you to make a last will and testament without the cost or need to engage a lawyer. Without a doubt, it is one of the most sophisticated pieces of online will writing software on the market.
EstateBee’s Online Will Writing Software is state specific. So, for example, when you are presented with options for property management for minor beneficiaries, various elements of your state’s laws have been incorporated in to those options – such as whether your state allows UTMA custodianships or not, the age of termination of such custodianships, etc. The same applies in relation to the execution of your will. In the case of Vermont, for example, where three witnesses are required, the software adds the relevant number of witnesses to your document. And the list goes on…everything is state specific and bespoke to your situation whether you are married, in a registered partnership and whether you have children or not.
EstateBee’s Online Will Writing Software is, without doubt, a market leader – and has been so for over 20 years.
If you have any questions about our products or services, please contact our customer service team who would be delighted to assist you.
Martin was an early pioneer of online estate planning and founded one of the world’s first online estate planning businesses in 2000.