Posted in living will, Make a Will Online

Looking to Make a Will Online? Here Are 3 Companies That Can Help

Living Will

living will

Why should you make a will? When you acknowledge the fact that uncertainties are a part of life! Anything can happen to you and it is your responsibility to think about the security of your dear ones. Therefore, you must make estate planning your priority. A written will would speak on your behalf after your demise. Basically, it communicates your desire regarding the distribution of assets. Either you can name it on guardian till your children reach adulthood or mention certain instructions about the distribution. To make things easy for you, here we have compiled the list of 3 companies that makes living will :

• NEXGEN

Nexgen is a platform that provides comprehensive solutions regarding estate planning and framing a will. You can make a will online using their services. Nexgen understands the gravity of the asset distribution situation, therefore they partner with their clients to make them understand the matter related to succession and inheritance. The assistance regarding legal work they provide is quite admirable. They have a team of experienced lawyers that drafts the will and aids to inform the clients regarding complex and dynamic related matters. Their will writing services include will validation, will drafting, registration of wills, safekeeping, probate, and executorship services.

• EZEE WILL

Ezze will helps you to make a will online. They have introduced 3 simple steps to make a will online on their website. You either visit their office or they can come to your doorstep. You have both options. Your document will be drafted according to the details you provide. Furthermore, they have a team of experienced lawyers who will guide you regarding every financial aspect. Ezee will ensure that your personal details will be kept confidential.

Make a Will Online

DIL SE WILL

Dil SE Will is a website that offers the experience of hustle-free and cost-efficient making a will. They are proficient in online will creation, estate and inheritance planning, and wealth/asset distribution. On their website, they have mentioned 4 simple steps to create your online will. It is just a simple 4 Steps process – Register, Payment, Fill in the details, and Get your will done! What makes them stand apart is the remarkable service they provide in an effortless manner. They have a highly experienced team and are best in terms of – knowledge, traits, skills, or quality. Their professional team has significant experience in various fields and they deliver nothing but perfection! Moreover, Dil SE Wil holds accountability for the confidentiality of their clients. They make sure that the client’s information and data are safe with them. Also, they believe it is their duty to guide the clients regarding the importance of a written will and enlighten them regarding complex financial-related matters.

For more information visit us & call us now 9599445568.

Posted in Estate Planning, Power of Attorney

Estate Planning: A 12-Step Checklist of the Basics

Estate Planning

Estate Planning – Power of Attorney

Ever wondered what will happen to your family if anything happens to you? Ever thought about the hardships they would have to go through in such a case? Estate planning can help lower that burden. I am not saying that this certainly will happen, but being prepared is how you can protect your family. How you can do that? For that, you need to start from the basics of Estate Planning.

What is Estate Planning?

Estate Planning is the process of designation that will have the authority over your assets and handle your responsibilities after your death or incapacitation. Estate Planning will also provide your beneficiaries to receive these things in the most cost-effective way possible. The key question to ask yourself while Estate Planning is – “How do you want to distribute your assets and among whom when you die or become incapacitated?”

Estate Planning sure is very crucial for everyone, irrespective of the fact that they are rich or not. This secures your family’s future and enables them with the authority to make important decisions even when you are disabled or not around.

12 steps to the basics of Estate Planning

Make a will: Take a professional’s help and make a will. In a will you state how you want to distribute your property. Also, assign a guardian for your young children in case anything happens to you or the other parent.

Consider Trust services: Trust services provide solutions to your various problems linked with wealth management or child management.

Health care directives are your best friend in case of medical incapacitation. It is like a living will, you provide a power of attorney to a person who can take decisions in your place if you are medically not-in-condition to do so.

Assign a financial power of attorney: A financial power of attorney, also called agent or attorney-in-fact is a person who you assign the power to handle your finances if you become disabled in such a sense in which you are no longer able to take any such decisions.

Secure your children’s property: Assign an adult person as guardian to manage the money until your minor child becomes of age to inherit your property. You can choose any person you trust as a guardian.

Fill beneficiary forms: Filing beneficiary forms make your bank accounts and retirement plans “payable on death” automatically and allow the funds to skip the probate process.

Life insurance is also considerable: Whether you own a house or property or any other asset, having life insurance can protect your family after your death. Gain knowledge about the Estate taxes in your country or states as it may vary according to the region.

Funeral expense coverage is important: Make your accounts in banks and deposit funds as ‘payable-at-death’ to pay for your funeral and related expenses.

Make your final arrangements: Make your end-of-life wishes known to your family and relatives related to organ donation or disposition of your body.

Protect your business: If you own a business and you are the sole owner you should consider a Succession Plan. If you have other partners you must have a Buyout Agreement.

Carefully store your documents: Documents such as your will, trusts, insurance plans, etc. are sensitive documents that should be protected and stored ina secure places like a vault or bank locker.

Estate planning as discussed above through these 12 points sure is very important for all. If you want to protect your family even after your death or incapacitation you must consider Estate Planning. There are a lot of good Estate Planning companies like the Nexgen Estate Planning Solutions Pvt. Ltd. Nexgen provides a verity of top-notch Estate Planning services and is one of the leading companies in India and a subsidiary of the global education board, AAFM.

For more information visit us & call 095994 45568.

Posted in Estate Planning, Family Trust India, living will, Make a Will Online, Power of Attorney

Estate Planning – Make a Will Online

Make a Will Online – Estate Planning

Estate planning is the process of designating the distribution of the assets upon the person’s death. It also dictates how their affairs will be conducted if they are no longer able to make these decisions themselves. Although this is a much simple estate planning definition, it is pretty much summing up what the process entails. It can be as simple as writing a will whether writing or make a will online or creating a living revocable trust, or both. The latter will keep the estate out of probate, which will do not. One can easily make a will online.

Power of Attorney – Estate Planning

If one is worried about burdening their heirs with high estate taxes, an irrevocable trust would be the more prudent choice. Sound estate planning should also be exploring the use of a living will and also the financial power of attorney. The power of attorney is very important in estate planning These can be useful if one can no longer make health and financial decisions on their own. Ultimately, the degree of estate planning complexity depends on the size of the estate and the type of assets a person own. Most people don’t know about it, but they have an estate. An estate is simply the sum of the person’s possessions at a given point in time during their lifetime or when they die. It can consist of their house, car, jewellery, stocks, bank accounts, life insurance and other professional or personal interests. Some estates are worth a lot more than other things. The most important and basic, and likely the most well-known, estate planning instrument is the last will and also the testament. This document details their wishes regarding the distribution of their assets. In short, it specifies who gets what when a person dies. If a person dies intestate, without a will, the state steps in and decides how their estate will be handled. For their peace of mind and the welfare of their heirs, it’s best to leave a will behind. This way, one is more assured that others will handle their estate will be handled according to their wishes and not the state’s laws.

Trusts – Estate Planning

Trusts keep the estate out of probate and their private affairs beyond the public scrutiny of prying eyes. There are different types of estate planning trusts that one can use. The revocable living trust is the most commonly used trust for estate planning purposes. The assets one places in this type of trust go directly to the named beneficiaries without passing any probate. One can be both grantor and the trustee of such a revocable trust. One retains control over the assets even if, technically, one no longer own them the trust does. Because one can still control the assets in a revocable trust, they may be considered in the valuation of their estate. They will skip the probate but will likely include the living trust assets in figuring out the estate tax their heirs have to pay.

For more information call: 095994 45568.