In a time when everything seems to be advertised as smart technology, it’s no surprise that do-it-yourself (DIY) or online wills have become available.

DIY wills are the newest way to handle estate planning and asset distribution without needing a lawyer present.

With heritance, however, you can do so much more. You can leave a meaningful repository of stories and values along with your valuables. Read on to find out more.

Do You Need a Will?

If you’re over the age of 21 and of sound mind, it is recommended to have a will written.

Despite popular belief, you don’t need to be old, married or rich to write a will. The main benefit of creating one early is knowing that your family members will know what to do if something unexpected occurs.

A will is not just a piece of paper that tells your family and friends what they’ll be receiving from you, it also contains:

  • Instructions for your burial ceremonies
  • Guardianship of any children under 21
  • Any final wishes you may have

With heritance, you can also pass down memories, stories and messages to loved ones after your passing. In fact, the latest release in the heritance App allows you to include a Personal Story to your asset that you intend to pass down.

Do you know the importance of writing a Will? We’ve written a comprehensive guide for you, read it here.

DIY Will vs. Traditional Will

Though they aren’t free, DIY wills are much cheaper than engaging a lawyer or an estate planner. A lawyer can easily cost upwards of $300 to a few thousand dollars while a DIY will can cost much less.

The process of sitting with a lawyer for them to understand your situation and draft the will can also be time-consuming.

However, DIY wills make it simple. You know what you have and how you want to divide it. All you have to do is input your details online and the will is generated at the click of a finger. There is no need for disclosure to a stranger as well.

It doesn’t matter how old you are or how much you have, DIY wills are the faster, easier way to write a will that is fully legal.

Updating a DIY will is also easier than the traditional route. Rather than making another appointment with a lawyer to rewrite or amend your will, you can re-generate your will online and execute it again in the presence of 2 witnesses.

What Makes the heritance SmartWill Different?

Unlike other DIY will websites, the heritance SmartWill provides a way for you to pass down more than money or possessions.

Through Memory Time Capsules (MTCs), heritance allows you to record messages and stories to be given to family members on a specific date. Whether it’s a birthday or anniversary, your loved ones can continue to hear from you after your passing. These MTCs can then be added to your SmartWill.

The heritance SmartWill is also an App. This makes drafting, amending and checking your SmartWill so much more convenient and accessible than other DIY wills. Whether it’s designating a beneficiary for your property or adding a clause to your will, all of it can be done directly from your phone.

With heritance SmartWill, you pass down values AND valuables at a fraction of the cost of visiting a lawyer or estate planner.

Sounds interesting? Find out more about the heritance app here!

Download the heritance App and try it out for yourself today! Available on both App Store and Google Play Store.