Online Will FAQs
1. What is a will?
A Willis a legal document that you can use to leave your property to the persons or charities of your choice. In your Will, you name Beneficiaries to inherit your property, an Executor to manage your estate and guardians to look after your minor children.
2. What do I need to make my will online?
It may help you to make your Will if you have gathered some of these details first:
- an inventory of your property (this is optional)
- a list of beneficiaries and alternate beneficiaries
- If you have minor children - a list of your choices for guardian
- a list of your first and second choices for Executor
- addresses for people you name as guardian and Executor.
3. What can I do with the Quick Laws Online will?
In the Quick Laws Online Will, you can:
- Name beneficiaries and alternate beneficiaries
- Name an Executor who will look after your estate
- Name a guardian to look after your minor children.
- Give directions about your funeral and for the treatment of your body
Unfortunately, with the Quick Laws Will, you cannot:
- Exclude specific persons from your Will
- Set up a trust, such as a family discretionary or testamentary trust
- Leave property to pets
- Give gifts to organisations that are not charities
If any of the above circumstances apply to your situation, it is best to seek legal advice from a qualified person.
4. What assets are usually covered by a Will?
Before you start, it's a good idea to make a list of your assets and liabilities, though there is no formal requirement to do so. Your individual assets are not listed in a Will. It's also important to understand what assets are covered by a Will. In general, some assets that are not usually covered by a Will include:
- Jointly owned assets: because ownership of the asset automatically passes to the remaining owner when the other owner passes away.
- Superannuation: the rules governing most superannuation funds provide that the fund has the choice to decide where it pays your superannuation benefits. The options include paying it to your estate or to the beneficiary you have nominated with the fund. It is advisable to check this with your superannuation fund.
- Life insurance policies: as with superannuation, unless there is a specific person nominated as the beneficiary, the money will be paid to your estate and will be subject to your Will. If there is a specific nomination, then the money will be paid directly to that person.
- Capital Gains Tax (CGT): if you have significant assets, you should consider the effect of CGT on your estate. In general terms, when the executor or beneficiary disposes of an asset they received from a deceased estate, they may have to pay CGT.
5. Is my personal information safe and secure?
Quick Laws uses SSL security and an extra layer of data encryption to ensure that any personal information stored is secure. Your information is stored for 3 months, after which time it's permanently deleted.
Quick Laws uses the trusted and secure payment processor Stripe to process credit card trasactions. All credit card transactions are secure and encrypted. Quick Laws never receives your credit card details.
6. What if I have questions along the way?
The Quick Laws Online Will provides you with plenty of information along every step of the way. On the right side next to each question, you will see further information relevant to the question in the online interview. There are links to information that opens in a new window which contains extensive information to help you with what you are doing right then.
Plus receive excellent customer support available by live chat, email or telephone.
7. How long does it take to receive my completed Will?
You receive your completed Will instantly by email. Sometimes, it may take a few minutes for the servers to send and receive the email. However, it should never take longer than 5 minutes! If you have not received your Will after waiting 5 minutes, then please contact us by chat at anytime, day or night and our friendly customer support staff will assist you.
8. What do I do once I receive my completed Will?
There are important signing requirements that must be followed when signing your Will. Your Quick Laws Online Will comes with simple to follows instructions on how to sign your Will to make it official. Your Will must be siged in the presence of witnesses. Your witnesses do not need to read or know the contents of your Will.
9. Can I edit my Will?
Yes of course! Your Quick Laws Online Will comes in an editable Word document. If you have made an error or omission in your Will, you can edit the Word version of the document that you have.
If you need to change the answers in your online form, you need to start a fresh form and answer the questions again as this isconsidered making a new Will.
10. Can I make my own Will without a Lawyer?
Making a Will is usually a straight-forward matter and does not involve complex laws. Most people find it simple enough to write their own Will because it's up to the Will-maker to decide who they want to get their property.
Quick Laws gives you guidance along every step of the way. We provide plenty of information and if your particular circumstances require a Lawyer, we will let you know along the way.