Will & Estate Planning
A will is a document that says what you want done with your property when you die. Examples of property that wills deal with include real estate, money, investments, and personal and household belongings that you own. You can change your will at any time. A will has no legal effect until you die. Every adult who owns assets or has a spouse or young children should have a will. But surprisingly, many people don’t. The few hours you spend preparing a will and planning your estate could save your spouse, children, and other beneficiaries much time, effort, and money.
Did You Know?
More than 55% of adults do not have a will and without a will the estate will be distributed according to the law. To help families avoid this problem, we are pleased to announce its newest online planning tool, Will Prep. Our clients can use Will Prep to access a comprehensive set of online legal documents allowing them to protect themselves, their property and their loved ones. We partnered with Legal to provide a sophisticated online document preparation system designed specifically for our clients.
More About Will & Estate Planning
Will Prep includes three essential legal documents: a Basic Will, Enduring Power of Attorney and a Health Care Directive.
Who Can Use It
What’s Included? Who Can Use It? All new and existing clients in the Canada will have unlimited access to Will Prep allowing them to create legal documents and modify existing documents when needed.
If you don’t prepare a will
If you pass away without having made a will, the law says how your property will get distributed, and who has the right to “administer” your affairs. Our information on when someone dies without a will (no. 177) explains how these rules work, and how it can make things more difficult (and more costly) for your loved ones.
What Makes Our Will Prep Different From Other Online Legal Service Providers
Most online legal services provide you with ‘off-the-shelf’ or ‘flat form’ legal documents that will be relatively inflexible to your particular circumstances. Will Prep’s LawAssure system asks you a series of easy-to-answer questions each with helpful explanations and examples. Based on your responses, the system drafts and tailors the required clauses to create a document suitable for your circumstances while offering a “live preview” to ensure your responses are used in the right context.
Need personalized advice?
Our Customer Service Personnel are ready to answer your
enquirers and provide assistance to you.
Frequently Asked Questions
What is the meaning of insurance?
Why do I need Insurance?
Why should one cover oneself immediately ?
How to Choose the Best Term Plan?
While selecting a term plan, you need to look for the following and ensure that your family has the best financial protection with the term plan:
Claim settlement record of a life insurance company indicates the ultimate moment of truth for the customer. Claim settlement record can be assessed through a percent number (Claim Settlement Ratio) released by IRDAI (Insurance Regulatory and Development Authority India) every year.
How much life cover do I need?
If budget is a problem, you could go for monthly premium payment option over a yearly commitment. However, it is important to have a sufficient life cover so that your family’s financial security is not compromised.