It is the moment that none of us want to think of, but for some of us it happens. Right in the height of enjoying our new family and chasing children the unexpected can happen. Being unprepared can leave those we love vulnerable, and even though it might not be something we want to think about, taking a few minutes now could make things a bit easier on everyone.
Recently I had the opportunity to try out a new online system that allowed me to create a will for myself and to protect my family. I am sure that we have all thought about how important it is to have one, but very few young families actually have the time and money to go and get it done. In fact, studies show that almost 70% of young families don’t have one, leaving our families vulnerable at a time they never wanted to deal with. Enter Formalwill.ca.
Formalwill.ca is based out of Canada and allows you to create legal wills in minutes from the comfort of your home. Their product just requires that you set up an account online using your email address and first name. This part is completely commitment free, so even if you are thinking about trying it out, you are able to login and see what everything looks like before purchasing.
Once you have signed in all you need to do is follow their easy steps to create a will. They asked me questions like who would be the executor of my estate (which made me laugh because it is hardly an estate, but maybe someday), and of course list a couple of backups just in case. I then had to decide if I wanted everything to go to my spouse, or split amongst my children, or even if I wanted anything to go to charity with a space to enter in the charities that were the most important to me. There was also a spot to allow me to write in anything specific that I wanted certain people to have, which allowed me to make sure that my kids get the Mr. Potato Head collection I have had since before they were around.
Their easy online process showed me progress I was making as I went through the system, and there is even the option to save things if you are not sure of who to put down or what you want done just yet. They also offer a living will, and a power of attorney, which should hopefully never be required, but something that we should all consider having just in case. Once you are done you will come to a checkout area, which if you have felt comfortable with the process so far is where you will pay. For those of us who are maybe not done our families it also has the convenient option of leaving your will open for edit for a small fee. So if you have 2 kids right now, but want to make sure #3 is included, you don’t have to wait until you have all of your babies.
I am sure this is something none of us want to think about, but it does happen, and I would rather know that my family has something to say what I wanted if I can’t be there. Formalwill.ca was easy to use, quick and within minutes I have a document that my family can keep for a long time. I would highly recommend even trying it out, there is no commitment and seeing how it all comes together may give you the peace of mind to make the small investment to avoid further pain down the road.