How websites like EzeeWill help you make your will easily

Anything that doesn't exist in the virtual world today seems not only outdated but almost unreal. Now, you can also make a will on the Web.

The launch of two e-will writing services last month, joint ventures of NSDL e-Gover nance Infrastructure with Mumbai-based Warmond Trustees and Executors, and HDFC Securities with Legal Jini, help complete the last leg of one's financial planning, succession planning, online. While NSDL is offering the service via a new website, EzeeWill.com, HDFC Securities's e-will service is an addition to its online services. "Just as online trading has made investing in equities much simpler, an e-will service makes the will writing process seamless," says Aseem Dhru, MD and CEO of HDFC Securities.

How to draft an e-will?

To draft an e-will, log-in and furnish the necessary information. This information is then sent to a legal expert, who drafts the will.

Since it is online, you can complete the process at your convenience.

The e-will service providers have lawyers who specialise in different religions. In keeping with the changing times, the e-will service allows you to mention your digital and intellectual properties.



"The whole process takes about two weeks from the date of submission of the data to Warmond," says Gokul Das, managing director, Warmond Trustees and Executors. Once you have submitted all the information, the service provider sends you a rough draft to review.

In case there are mistakes, even in the final copy, or you want to make changes at a later date, you'll simply have to upload and resend the document for a fresh copy. However, if you misplace the original draft, you'll have to re-fill the form and repeat the whole process again. There are a few add-on services as well.

Is it secure?

Both the companies have a track record of handling large-scale sensitive data and assure confidentiality. "The information given by clients will be encrypted in our databases. It will be deleted as soon as the will is delivered to the client," assures Warmond's Das.

How much does it cost?

If you get a will made by a lawyer, you will incur a minimum cost of Rs 20,000. "This option is suitable for clients who require extremely complex legal assistance and would pre fer a direct face-to-face interaction.Pricing for the same would vary based on the complexities that need to be addressed," says Das.

An e-will will cost you just Rs 4,000. Additional reviews are done at a nominal fee, Rs 250 per review."Subsequent modifications will be at a discount of 40%," says Das.