Willfinity Review: Canadian Will Services

Continued from above...

Where is the Best Place for Canadians to Create a Will Online?

While it may not be the conversation you most want to have, planning for your death and what comes after it, is a critical step that all Canadian adults need to take. According to RBC Wealth Management, less than half of us have a last will and testament, so don't be a statistic. You may not have your will at the forefront of your mind, but leaving the courts and legislation to decide the fate of your estate isn't something you really want either.

Even those who are single without children should consider making a will so their hard-earned assets don't end up with the government instead of a friend or relative. Though it seems like this is a difficult process and only for those with significant assets, wills are important for all adults, providing peace of mind so that your final wishes are heard.

A common misconception is that you need a lawyer to create a will, or at least a notary public. However, it truly just needs to be a written document signed in the presence of witnesses who aren't beneficiaries. This makes things much easier - and potentially much more affordable - for people to create their last will and testament. While lawyers are helpful in preparing such documents, their services are not a legal requirement to crafting a will. The rise of online will services has made obtaining a legal will even easier for those without legal knowledge. If your wishes are straightforward, this process is significantly cheaper - even free, perhaps - and faster than using a law firm.

To create your online will, it's recommended that you gather details about family members and be prepared to make decisions about who you trust to appoint as executor of your estate (manage your affairs) or guardian to your minor children or pets. Then think about how you want to distribute your assets (who gets what after you pass). That's the basics. These online services will guide you through the questions, most allowing you to pause and save your work so you can return as you gather what you need or make decisions. If you're afraid of missing something, don't worry - these platforms are designed to ask all of the questions so you don't have to be an expert. Some of them will even offer explanations along the way so you're not lost in a sea of legal jargon.

Online wills can be made for a fraction of the cost of seeing an estate lawyer, an unnecessary step for most simple wills anyway. The convenience of creating the will at home, at work, or on the go cannot be overlooked since you don't have to waste time making an appointment, dealing with traffic, waiting for the professional to see you, and other time-consuming details. The time involved in the online will-making process is significantly shorter as well, just taking minutes to complete the questionnaire and be ready to download and sign. You could even do it on your lunch break. The simplicity involved in the online will process means no adult has a valid excuse for being without a will.

There are many factors to consider when comparing online will creation services in Canada. Here are the top ones on our list:

• Cost. Why pay more for this service than necessary? If two credible platforms offer similar benefits, consider the one with the lower cost first. Creating a will doesn't have to pose a financial burden, giving away more of your assets.
• Information provided. Some of the online will platforms are excellent at explaining legal jargon and guiding users through the process. Look for articles or helpful guidance on the online form itself.
• Professionalism and reputation. Finally, since this is an important decision and it involves your personal information, we highly recommend taking the company's reputation into consideration. Are they reviewed and ranked highly? Are they transparent in their policies?

Creating a will doesn't have to be a burden any longer. At Top Consumer Reviews, we have done the work for you, looking at the best Canadian will creation services to assist you in making a choice for directing your final wishes so you can get on with the business of living.