There are many mistaken beliefs when it comes to the last will and testament but the most common ones are that you only need a will if you're extremely wealthy and that your partner or children will automatically inherit everything you own. Many people still believe that sorting out a will is too complicated and that it'll be easier for their family to simply divide the assets among themselves. However, that's not always the case, and due to these mistaken beliefs, many people die without a will, leaving their family members to quarrel over the inheritance.
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What Happens If You Die Without a Will?
If you die without a will, all of your assets will be shared according to the rules of intestacy and not your wishes. Therefore, your money, property, or possessions can pass to someone you hadn’t even had in mind, whilst at the same time, someone you wanted to pass your belongings to can end up with nothing. When it comes to the rules of intestacy, only married or civil partners, parents, children, grandchildren, and great-grandchildren, as well as a few other close relatives (sisters, brothers, nieces, and nephews) can inherit your assets. However, keep in mind that the law doesn't take into consideration what your relationship with those people was like when you were alive.
Don't be one of the 68% of people in the UK that still don't have a will. Choose one of the available digital will services and make your will online, free of hassle and from the comfort of your home.
Should You Get an Online Will?
Even though you aren't legally obligated to write a will, you should think about it. You don't want to risk your loved ones losing their inheritance due to your mistaken beliefs about wills and rules of intestacy. And writing a will online definitely has its perks.
Lower and Fixed Costs - Companies that provide online will writing services usually have lower costs and offer a fixed price.
Convenience - You can write your will from the comfort of your home, whenever you have 15-20 minutes. And you can always take some time to think about any of the questions and continue later where you left off.
Free Advice - Most companies offer some kind of guides that will help you with legal terms when writing your will, and their customer service teams are available via chat or email to resolve any upcoming issues and clarify anything you’re unsure about.
Digital will services on TroopScout:
As a part of the Honey Group, one of the UK's most prosperous independent will writing and estate planning companies, Active Wills offers an easy and affordable way for creating a legally binding will in less than 10 minutes. Use our exclusive Active Wills discount code to save up to £130 on your will. You can get a Single Will for only £14 or a Mirror Will for just £19. Active Wills has simple LPA forms, approved by the Office of the Public Guardian (OPG). It provides an easy to understand page guidance, as well as short video guides that will help you understand all of the legal terms. Its support team is available via live chat, phone or email through the process.
The costs: Single Will £99 - discounted to £14, Mirror Will £149 - discounted to £19
Reviews: TrustScore 4.5/5 (based on 51 reviews)
With Beyond, you can start writing your online will for free, and pay for it once you decide to print and sign. You'll need only 15 minutes to answer a few simple questions and Beyond's team of experts will double-check your will for you. With our Beyond discount code, you'll get a 20% discount. In addition to its will-writing service, Beyond offers some other services, as well. Its additional services include help with funeral costs, funeral arrangement, creation of an online obituary, and more.
The costs: Single Will £90, Partner Wills £135, + £10 a year for unlimited updates and secure physical storage
Reviews: TrustScore 4.8/5 (based on 400 reviews)
Make a Will Online offers an affordable and convenient way to write your will online. All wills are checked by a fully qualified UK solicitor and valid for property held in England and Wales. Use our Make a Will Online voucher code to get £5 off a will writing service. Additional benefits include print and postage, as well as first free updates, free of charge. And if you choose to add lifetime updates subscriptions to your will, you won't have to pay for the first year.
The costs: Single Will £29.5, Pair of Wills £39.5, + £15 for printing and postage
Reviews: TrustScore 4.8/5 (based on 182 reviews)