Writing a will can often feel unnecessary, overwhelming and tedious. Nobody likes to think of what life would be like for your loved ones after you pass and that is why we tend to avoid the process of drafting a will.
A common underlying belief is that we have time. If you aren’t sick or retired you probably feel that making decisions on how you want to distribute your assets is unnecessary at this point. However, we forget the common adage that life is not only short but also unpredictable. The ideal approach to whether you need a will is to remember that it isn’t about us and how we want to distribute our assets but about our loved ones and how we want to provide for them.
Another belief is that the government will take care of the distribution of your assets for you. The government does provide rules in case you pass without a will in the form of the Intestate Succession Act. This law however, is not only inflexible but the distribution of your assets would take significantly longer and could add to the problems of your beneficiaries if they are financially struggling after you have passed.
Often we are under the impression that our assets are too insignificant to go through the process of drafting a will, but this is not the case. Most people undervalue their assets and don’t take into account the monetary pay-out from insurance as distributable assets which can be upwards from $100,000 which is not an insignificant sum. Due to these considerations, we can ascertain that drafting a will is necessary and we should not wait under the belief that it can be drafted once it is absolutely necessary.
As we noted above, people often also avoid the process of drafting a will due to the belief that it is a tedious and expensive task. But, it’s not the same anymore. Now, writing a will in singapore with an online will writing service provider ensure that the process is smooth and, compared to hiring a lawyer, inexpensive. While drafting a will used to be very expensive up to 2 years ago, now with the process can be as inexpensive.
The ease of an online will writing service is that it allows you to do it from the comfort of your own home. Not only that, it helps ensure that the process does not overwhelm you. The services are designed to guide you through the will drafting process. These days companies ensure that you are aware of all the necessary considerations that you should know while making decisions within your will such as who to appoint as your executor in your will or what a substitute beneficiary is and whether you need one.
Furthermore, they will also check your will for all legal formalities to make sure that it’s formally valid; and where you’re still worried as to the legality, online will writers can get lawyers on request to review and witness your will.
Secure the future of your loved ones and make your will today with right will writing service provider.