Caribbean life and embracing technology due to COVID: why you need a will
There has been a growing embrace of technology in the Caribbean due to COVID-19. COVID disrupted life as we knew it, and experts touted the technology as one of the most innovative tools for suppressing the virus. Initially, the focus was on cushioning the impact of the virus as countries went into lockdown. The result was disruptive technology that changed the way we do things forever. What does this have to do will writing a will? Technology has made it easier and cheaper to create your own will. Read on to find out why you should have a will and how to create one easily and cheaply using technology.
Why do you need a will?
The pandemic led to the death of millions of people worldwide; it was one of the saddest periods we have witnessed in recent years. That is to say, death can come at any time, and we need to be “prepared.” By preparing here, you have to prepare a future for your children and other dependants for when you will no longer be around. And this is done through estate planning which includes writing a will. We’re not going to go into details of what entails a will; what we are going to do is to show you how to create a will easily and cheaply through technology.
New age wills in the Caricom Counties: It’s easier and affordable to create one
Before the advent of disruptive technology, wills were primarily created by lawyers who charged exorbitant fees; this is why only the rich created wills. But things have changed. Technology has made it cheaper and affordable to write wills and even have them reviewed by an attorney. How? By using islandlegalwills.com. This is how you go about it:
1. Prepare your will guided by experts
Our platform has all the clauses that are required to be in a will. Answer simple questions prepared by legal experts that will allow you to create your own will.
2. Get two witnesses to attest to the will.
The witnesses must not be beneficiaries of the will. By beneficiaries, we mean they must not be mentioned in the will unless you mention them as witnesses (which they are).
3. A lawyer can review the will for you.
For added peace of mind, islandlegalwills.com offer access to independent legal experts to review your will for a fee. This is cheaper than engaging a lawyer to help you draft the will.
Technology helps you save money.
See how easy and affordable it is to write a will using technology? This is your cue to write one for yourself, plus it is free to get started. But don’t forget to keep it safe and always edit it when situations change. For example, when you buy land, edit the will to include it. Then, you and two witnesses should then sign the new will to validate it.
Disclaimer: The content of this blog is intended to provide a general guide to the subject matter. This blog should not be relied upon as legal, financial, accounting or tax advice.
