How to create a will online: A six-step guide

Creating a will has become more convenient with user-friendly tools and resources available on various online platforms. These platforms enable individuals to draft and execute wills from the comfort of their homes. Let me guide you through the process of creating a will online.

Step 1: Select a platform
When beginning your search, look for a reputable online service that offers user-friendly navigation, a wide selection of detailed templates, and a secure document storage system.

Should you opt for videography of your will?
Step 2: Online registration
To sign up, enter your complete name, date of birth, current address, and contact information. After providing these personal details, you will be prompted to generate secure login credentials, such as a username and password, to access the online service.

Step 3: Give details of assets

Remember to make a comprehensive list of all your assets, such as real estate properties, stocks, bonds, retirement accounts, savings and checking accounts, life insurance policies, and any valuable items you own.

Step 4: Appoint beneficiaries
When creating a will, it's essential to carefully select the individuals who will receive your assets upon your passing. You have the option to assign particular assets to each beneficiary and name backup beneficiaries in case the primary ones are unable to inherit. Additionally, it would be best to choose an executor who will be responsible for carrying out the instructions in your will.

Step 5: Draft will using templates
Feel free to utilize any of the customizable templates available on the platform. Follow the provided instructions to input specific details regarding the allocation of assets and any unique terms or conditions.

Step 6: Review and execution
The will that has been drafted can undergo a thorough review to ensure its accuracy and correctness. Any necessary revisions can be made during this process. In situations where the content of the will is complex, it is advisable to seek legal advice. Following the review, the will is executed in accordance with the platform’s specified guidelines, which may include electronically signing the document in the presence of witnesses. The finalized will is securely stored online, with additional options for encryption to provide safeguarding measures.

What you should know
Using the platform to update the will regularly ensures that it stays up-to-date with changing times and financial situations. It's important to securely store the will and inform the family about where it is located.