Tuesday, March 17, 2009

Online Wills - When To Use Them

A lot of legal services are being carried out online and having Online wills is no different. While there are situations which still requires a solicitor's and perhaps an accountant's advice, for a person whose relationships and assets are fairly straight forward, they can save a tidy sum of money by using online wills services.

When you search around online, you will off course read advice from the legal profession to avoid do it yourself online wills, that is all too common. While many of the advice is good, there are some such articles written to scare you from using cheaper online wills. Such people would rather you contact them for the traditional way of doing such work - fact to face.

Today there are several companies offering will writing services online and quite a few have good step by step guide to ensure you don't miss any steps. But you must also lookout for fly by night sites. You can tell by doing a few simple checks.

Anyway, to determine if online wills services is suitable for your situation, here are some pointers to take note off.

Marital status

You are have never married, are single now or only have one spouse. If you fall into any of the above, then you can safely use such services. On the other hand, if your family structure is more complicated like multiple marriages, your spouse has children from an earlier marriage, then it would be better to get a solicitor's advice on drafting your will.

Assets

Your assets are relatively small, you do not own any business and your assets are located in one country. If you are in such a situation, then it is okay for you to have your will written yourself using an online service as a guide.

On the other hand, should you have complicated family relations, complicated business and tax arrangements, have property in several countries, then it is much better to get the advice of professional. The money your estate can potentially lose or contention from beneficiaries will be much more than any money you can save by having an online will written.

Sarah Anderson write and shares her experience about online legal services at http://onlinewillsadvisor.com

Article Source: http://EzineArticles.com/?expert=Sarah_A

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