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How can you create an online will?
Text: Centre for Investment Education and Learning (CIEL)
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Select a platform, register online
Start by identifying a credible online service. The platform should have an intuitive interface, detailed templates and secure document storage
Online registration
Register by providing personal details, including full name, date of birth, address and contact details, and then creating secure login credentials to use the online service.
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List all your assets, appoint beneficiaries
Next, list all your assets, including properties, investments, bank accounts, insurance policies and valuable possessions.
Appoint beneficiaries
Identify beneficiaries for asset inheritance. You can allocate specific assets to each beneficiary and designate alternative beneficiaries in case the primary ones are unavailable. Next, appoint the executor responsible for executing the will.
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Draft will using templates
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Review your will draft carefully
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Key points to remember
2) It is crucial to store the will securely and communicate with the family about its presence and location.
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