But little do they know that unavailability of a will leaves the courts to decide the mode of property distribution and minor children if any are left to guardians chosen by law. It would also be worthwhile to remember that in the absence of a will, blood relatives and spouses would have to seek permission from court to administer the estate and legally-challenged wills involve further expenditure.
Will writing is thus important to ensure peace of mind for the benefactor and the inheritor. And those who deter from making a will due to the heavy costs involved could write their wills though 'Online Will Making Companies' for they ensure savings in terms of time, money and effort.
Making a Will Online
Making a will online is extremely simple. All a person has to do is log on to the selected web site and answer some easy questions. Upon answering all the questions, the summary of the will appears. This summary that is accepted by the client is examined by a solicitor for any flaws. The legally-correct copy of the will is bound and sent to the residential address of the client.
Convenience
Making online wills is extremely convenient as the points below will illustrate:
- Legal jargon is replaced by simple and easy-to-understand words in these web sites. They also contain a glossary to ensure that the client has fully understood the meaning of all the given terms.
- Requisite advice is available that helps in understanding the need for forming trusts to help handicapped or minor children who might be present in the family to ensure that they are well cared for.
- The software used in the web sites is interactive and effectively reduces the necessity of having a face to face meeting with a solicitor.
- The availability of the 'help key' gives instant access to a solicitor.
- Doubts that might arise at a later stage are clarified by the solicitor either through e mail or by phone.
- The summary that appears at the end when all the questions are answered can be changed and the final draft is given the expert touch of a solicitor.
The Time Factor
How fast an online will can be made depends upon the client who makes use of the 'will writing software.' All clients do not work at the same pace; some answer a few questions and save it to start working at a later date.
The Price Factor
Cost of making a will is subject to change. Individual high street solicitors charge differently depending upon the complexity of the case. On an average a solicitor in the United Kingdom charges around •£ 65 for a single will and •£95 for a double will and additional advice on inheritance tax would escalate the costs to •£200.
- Making wills online is not as expensive as meeting a high street solicitor. Though charges vary, the least one can expect to pay is •£9.95 for a single will while mirror wills cost •£17.95/=. But these charges are subject to change based on the other additional facilities each company offers.
- Proper tax planning with the advice of the solicitor enables people to save on inheritance tax.
- Dying intestate or leaving wills that are not well written leaves scope for prospective legal battles that definitely cost much more than making a will.
- Some online companies offer free legal advice.
People can make a will of their own. But wills made without the help of a solicitor might be wrong and are liable to be legally challenged. Self written wills might also be poorly written. A will, poorly written is as good as no will. Writing a will is not for the rich alone. A will is a must irrespective of the amount that is passed on. And online will-making companies facilitate this requirement by the convenience they offer and the time and money-savings that accrue for their clients.
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