Creating a will is an essential step in ensuring that your assets are distributed according to your wishes after your passing. In Australia, the rise of online wills services has made the process more accessible and affordable for many. This article reviews some of the best online wills services available in Australia, highlighting their features, benefits, and any potential drawbacks. Whether you are looking for a simple will or a more comprehensive estate plan, this guide aims to help you make an informed decision.
Why Use an Online Wills Service?
Online wills services offer a convenient alternative to traditional methods of will creation. They allow individuals to draft their wills from the comfort of their own homes, often at a fraction of the cost of hiring a solicitor. Additionally, these services typically provide easy-to-follow templates and guidance throughout the process, making it accessible even for those without legal expertise.
Moreover, online services often include features such as digital storage, updates, and the ability to create additional legal documents, such as power of attorney or advance care directives. This comprehensive approach can simplify estate planning, ensuring that all necessary documents are in one place. The digital nature of these services also means that users can easily access and modify their wills as life circumstances change, such as marriage, divorce, or the birth of children, ensuring that their wishes remain current and relevant.
Cost-Effectiveness
One of the most significant advantages of online wills services is their affordability. Traditional legal services can be prohibitively expensive, especially for straightforward wills. Online platforms often offer fixed pricing, allowing users to know exactly what they will pay upfront. This transparency can alleviate concerns about hidden fees and unexpected costs. Furthermore, many online services provide additional resources, such as articles and FAQs, which can help users better understand the estate planning process without incurring extra charges.
Accessibility and Convenience
Online wills services are available 24/7, enabling users to create their wills at their own pace and at a time that suits them. This flexibility is particularly beneficial for those with busy schedules or those who may find it challenging to meet with a solicitor in person. Furthermore, many services provide user-friendly interfaces and customer support, ensuring that assistance is available when needed. The ability to work on a will in short bursts or during quiet moments can significantly reduce the stress often associated with such important decisions. Additionally, the option to review and revise documents as needed means that users can feel confident that their final will truly reflects their wishes and intentions.
Top Online Wills Services in Australia
With numerous online wills services available, it can be challenging to determine which one best meets individual needs. Below are some of the leading options currently available in Australia, each with unique features and benefits.
1. Willed
Willed is a popular online wills service that has gained traction for its straightforward approach to will creation. The platform offers a user-friendly interface, allowing users to create a legally binding will in under 30 minutes. Willed provides a step-by-step guide, ensuring that users understand each section of the will.
One of the standout features of Willed is its affordability, with a fixed price for a basic will. Additionally, users can opt for add-ons such as a power of attorney or an advance care directive, making it a comprehensive choice for estate planning.
2. Safewill
Safewill is another leading online wills service that emphasises security and ease of use. The platform allows users to create a will in as little as 15 minutes, with clear instructions and prompts throughout the process. Safewill’s service is designed to be accessible for everyone, regardless of their legal knowledge.
In terms of pricing, Safewill offers competitive rates, with the option of a monthly subscription for ongoing updates and changes to the will. This feature is particularly beneficial for individuals whose circumstances may change over time, such as marriage, divorce, or the birth of children.
3. MyWill
MyWill is a well-established online wills service that provides a comprehensive suite of estate planning tools. Users can create a will, as well as other essential documents like a power of attorney and an advance care directive. MyWill’s platform is designed to guide users through the process, ensuring that all necessary information is captured.
While MyWill is slightly more expensive than some competitors, it offers a wealth of resources and templates, making it a valuable option for those seeking a more detailed approach to estate planning. The service also includes a free will storage option, providing peace of mind that important documents are safely stored.
Comparative Analysis of Features
When selecting an online wills service, it is crucial to consider the features offered by each platform. Below is a comparative analysis of the key attributes of the top services discussed above.
Ease of Use
All three services—Willed, Safewill, and MyWill—boast user-friendly interfaces that guide users through the will creation process. Willed and Safewill stand out for their quick setup times, while MyWill offers a more comprehensive approach, which may require additional time but provides more detailed guidance.
Pricing Structure
In terms of pricing, Willed and Safewill are generally more affordable for basic wills, with clear, fixed prices. MyWill, while slightly higher in cost, offers a broader range of services, which may justify the expense for those seeking a more extensive estate plan. Click here to learn about how to create Wills Online: a step-by-step guide.
Additional Services
For individuals looking for more than just a will, MyWill is the clear winner, providing a suite of estate planning documents. Both Willed and Safewill offer add-ons, but MyWill’s comprehensive approach can be more appealing for those wanting a complete estate plan.
Legal Validity and Security
One of the primary concerns when using an online wills service is the legal validity of the documents created. In Australia, a will must meet specific legal requirements to be considered valid. All three services reviewed ensure that their wills comply with Australian law, providing users with confidence in the legality of their documents.
Moreover, security is a significant consideration for online services handling sensitive information. Willed, Safewill, and MyWill all employ robust security measures to protect user data, including encryption and secure storage solutions. This focus on security is essential, as it helps to safeguard personal information and ensure that wills are not tampered with.
Customer Support and Resources
Effective customer support can significantly enhance the user experience when creating a will. Each of the reviewed services offers varying levels of support, which can be crucial for users who may have questions or require assistance during the process.
Willed Support
Willed provides a comprehensive FAQ section and email support for users who need assistance. While they do not offer phone support, their response times are generally prompt, ensuring that users can receive help when needed.
Safewill Support
Safewill excels in customer support, offering both email and phone assistance. Their customer service team is known for being responsive and helpful, providing users with the confidence to navigate the will creation process without feeling overwhelmed.
MyWill Support
MyWill also offers robust customer support, including an extensive knowledge base and email assistance. While they do not provide phone support, users can find a wealth of information on their website, making it easy to resolve common queries.
Final Thoughts
Choosing the right online wills service in Australia ultimately depends on individual needs and preferences. Willed, Safewill, and MyWill each offer unique features and benefits that cater to different requirements. For those seeking a straightforward, cost-effective solution, Willed or Safewill may be the best fit. However, for individuals looking for a comprehensive estate planning service, MyWill stands out as a superior option.
Regardless of the service chosen, it is vital to ensure that the will is regularly updated to reflect any changes in personal circumstances. Estate planning is not a one-time task; it requires ongoing attention to ensure that your wishes are accurately represented and legally binding. By taking the time to select the right online wills service, individuals can secure peace of mind, knowing that their affairs are in order.
Conclusion
In conclusion, the advent of online wills services has revolutionised the way Australians approach estate planning. With the convenience, affordability, and accessibility these platforms offer, creating a will has never been easier. By carefully considering the features and services provided by each option, individuals can make informed decisions that align with their needs. Ultimately, the most important step is to take action and ensure that your wishes are documented and legally recognised.
