E-Will is a cost-effective option\, but may not satisfy everyone\'s needs

E-Will is a cost-effective option, but may not satisfy everyone's needs

It may not be suited for special situations, or where there is a risk of litigation

Sarbajeet K Sen 

If you have assets for which there will be claimants after your death, writing a Will spelling out the beneficiaries and how the assets should be distributed is a must. Many people put off writing a Will, fearing the process and the paperwork.

However, the introduction of e-Will has made matters simpler. While an e-Will is a cost-effective and quicker option, it may not satisfy everyone’s needs. Who should opt for an e-Will? It is for someone who does not have easy access to lawyers, or may find dealing with them difficult and expensive. “If the assets are simple, there are no ...
First Published: Sun, February 16 2020. 22:38 IST