In today's digital age, technology has transformed nearly all aspects of life; from health to food, entertainment to transport and now, even death. Estate planning has caught up to the 21st century and with more accessible and affordable platforms now available, an increasing number of Australians are seeking to secure their legacy with a valid Will.
For some, modern technology creates these opportunities and security for the future. For others, it creates uncertainty and concerns around what new technology means for them and their families.
At Safewill, we don’t want misconceptions and myths blocking you from the benefits of an online Will. We believe making these important choices about your estate and your future starts with being informed. So, in true no-nonsense style, we're debunking and addressing the top 5 myths that shouldn't stop you from writing your Will online.
Let's dive in.
One of the most prevalent myths about online Wills is that they lack legal validity. Some individuals may believe that only traditional, paper-based Wills, prepared by lawyers in person, hold legal weight.
However, this couldn't be further from the truth. Online Wills, when executed correctly, are just as legally valid and enforceable as their traditional counterparts.
At Safewill, our team of legal experts oversee each online Will to ensure it complies with all legal requirements. From the assets you include to having the document signed and witnessed, our team helps at each step of the way to safeguard your wishes and legacy.
Security concerns are a common deterrent for those considering online Wills. You might worry that sensitive personal information or your estate details could be at risk of falling into the wrong hands, or you could worry about it getting lost in ‘the cloud’.
Contrary to this concern, an online Will offers more security than a traditional paper document which can be lost or damaged.
Safewill stores all online Wills on a secure, online platform which prioritises data protection and ensures secure encryption methods to safeguard your information.
Another misconception about online Wills is that they are only suitable for individuals with extensive wealth and complex estates, or extremely basic Wills.
Whilst some complex estates might require more legal support, online platforms like Safewill allow for all additions- such as POA, executor and guardians. Our team of legal experts are also available to tailor your Will writing platform to your needs, and support you at each step of the way.
Some people are hesitant about the overwhelming and risky nature of a DIY, online Will. With the stakes high, it can feel reassuring to have the support of a lawyer throughout.
Whilst some DIY Will Kits leave you to your own devices, at Safewill our team of legal experts ensure you're supported at each step of the way- from including your assets to signing and witnessing the final document.
Online Will platforms like Safewill ensure that it's easy and affordable to update your Will, all from the comfort of your own home. Given this is an essential part of keeping your wishes up to date, the ability to update your Will is an important prerequisite for choosing a platform to go with.
Not all online Wills are the same- so it's important to do your research beforehand to ensure you can make these changes when needed.
Choosing you to write your Will with a trusted provider is essential for peace of mind. Understanding exactly what that entails can help give you the same reassurance as a traditional lawyer, just without the unnecessary time and financial burden.
With Safewill, your assets and wishes are in the best of hands- with legal expertise available to ensure your online Will is valid and secure for intended beneficiaries.
Write your estate plan with confidence today, and save money, time and stress for the future.