Your last will and testament is one of the most important documents you will ever make in your lifetime. This document is a legal declaration through which, the person creating the Will, known as the Testator, passes on his wealth to friends or family. People who receive such an inheritance are known as Beneficiaries.
Importance Of Creating A Will
If you do not create a Will, a lot of things could go wrong and your wealth won’t be distributed the way you wanted it to be. Here are some things which reinforce the importance of creating a Will–
- Helps avoid confusion about what to give to whom
- Prevents discords and fights in the family
- Minor children’s interests will be safeguarded
- Care of elderly family members will be taken care of
- There will be better clarity about how your debts and liabilities should be handled
Benefits Of Making A Will Online
Whether you follow the conventional way of making a Will or choose to make it online, the purpose served by both remains the same. However, it is a fact that creating a Will online has its own advantages. Also if you have any misconception that a Will created online is invalid, then it’s time to discard such thoughts. A well drafted Will, like the one available with us, is as valid as a Will prepared by a lawyer. Let’s take a look at some of them-
Save Time: Needless to say, creating a Will online using a template should consume less time than one created with the help of a lawyer. There is also the added benefit that you can do it from the comfort of your home.
Save Money: If you skip the lawyer fee alone, a huge chunk of money is saved right there. Our Will templates are priced reasonably and gives you the freedom to make it as elaborate or as concise as you wish.
Flexibility: With online Will, you can make multiple edits, share it with your Spouse or other family members before/after finalizing the document. Our documents are designed to fit the needs of each and every customer. Even the most technologically challenged person will find that our documents are easy to edit and customize.
Security and Peace of Mind: As our documents are prepared by some of the finest legal experts, you can be assured that a Will you create with us will be as effective and valid as one created with the help of a lawyer.
What Happens If A Person Dies Without A Will?
In India, there are a specific set of rules that oversee the wealth distribution of a person who died without leaving instructions. Intestacy Laws, as they are called, take over matters and will carry out the wealth distribution. This may not always be in accordance with the deceased person’s wishes and may not give consideration to factors like caring for minors and elderly. Also, when intestacy laws step in, surviving family members tend to end up fighting amongst each other because of disagreements.
Things To Keep In Mind While Creating A Will
- Clarity – This is a vital factor to keep in mind while creating a Will. What goes to whom must be clearly spelled out with the beneficiary’s full name being provided.
- Ambiguity – Must be avoided at all costs. If you nominate more than one person to have sole custody over an estate, then that could suggest that the Will is not clear enough, which further may lead to the Will getting annulled.
- Inconsistencies – This includes a lot of things. Handwritten content in a printed Will, different handwritings or different types of ink used in the same Will could all suggest tampering.
Creating A Will Online
With the advent of technology, almost everything is available on the Internet. That extends to templates for Wills too. That said, most of the templates out there are amateurish and not drafted carefully enough. You might also be interested in knowing which documents are required while making a Will.
If your will is not elaborate or if it does not adhere to the basic rules employed while creating a Will, it will be as good as no Will. The slightest error or ambiguity will result in cancellation of the Will again leaving room for intestacy laws to step in and handle things.
This is why we strongly recommend the use of lawyer drafted templates alone. LegalDesk has a host of legal documents which are pre-drafted and ready to use. Our Will template is one of the most widely used documents on our site. It can be customized in just a few minutes and is drafted keeping the law in mind. We also have the facility to print it and mail it to the address of your choice. Feel free to contact us for more information!