Thursday, February 19, 2009

A Legal Will Does not Last a Lifetime

Most Americans do not have a legal Will, but of those that do, most are not kept current. The process of amending one's Will with a lawyer is inconvenient and expensive, but a new online service by USLegalWills.com allows people to maintain their legal Will conveniently and cost effectively.

Pickering, Ontario (PRWEB) February 19, 2009 -- It is well documented that about two thirds of Americans do not have a legal Will, what is less often discussed is that of those that do, most are not kept up-to-date. A service offered by www.USLegalwills.com addresses this issue by allowing visitors to the site to not only create their own legal Will, but also to store it online so that simple updates can be made. Each time a change is made, the customer simply prints a new version of the document, and signs it in the presence of two witnesses to create a new legal Will.

Many people believe that a legal Will only needs to be written once in their lifetime, but this is a very dangerous misconception. "There are many reasons why a Will should be updated" explains CEO Tim Hewson "for example, a change in personal life, business life, people mentioned in the Will dying or becoming ill, change of residence or change of the size of one's estate." However, very few people take the time to arrange a new appointment with a lawyer, and often baulk at the amounts charged for making simple changes. Furthermore, making one's own annotations or deletions on a Will is an extremely bad idea and can invalidate the Will.

USLegalWills.com allows a customer to create a secure user ID and Password which can be used to login to the site at any time from any computer. Rather than creating "codicils" to the original Will, customers can change beneficiaries, executors, guardians for children, and even the specific bequests. This ensures that the document is always relevant to their life at that time rather than making it generic, to be applied to an unknown date in the distant future.

Accounts at USLegalWills.com can be set up to be one year, ten year, twenty-five year or lifetime accounts. This means that unlimited updates can be made to one's Will for all the time that the account is active. This revolutionizes the way people maintain their Wills and ensures that for the people who have legal Wills, they are always relevant.

For anybody who does not have a legal Will, www.USLegalwills.com allows visitors to the site to step through a series of questions with associated help text. The service then generates a personalized PDF document, customized for the State of residence, which can be printed, signed and witnessed at home. The process takes about 30 minutes.

About USLegalWills.com:
USLegalWills.com is a subsidiary of PartingWishes Inc., founded in 2000 and incorporated in Canada. The company has become a market leading provider of legal Wills on the internet. The service is also offered in Canada under LegalWills.ca. All offices and employees of PartingWishes Inc are based in Canada.

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[Via Legal / Law]

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