A legal will is one of the most oft-forgotten personal finance planning requirements. It is surprising how many Canadians are without a current and enforceable will. Many without a will believe it is too complex and expensive to do so or have never heard of a legal online will in Canada.
Epilogue is changing this common perception. This growing platform makes it easy to draft, review, and execute a legal online will in Canada. And you can create it in your own home at a fraction of the traditional cost of an independent attorney.
This review of Epilogue’s services covers the following:
Disclaimer: Epilogue does not provide legal or professional advice, such as accounting or tax advice.
Epilogue is a legal technology platform that provides the simplest and most affordable way to create an online will in Canada. It streamlines legal processes and helps you create, edit, and store your will and other select legal documents in one digital location. From start to finish, using this encrypted and safe platform, you can create a will in just 20 minutes—without ever leaving the comfort of your home or ever stepping foot in a lawyer’s office.
Epilogue is not a document-writing company but rather online software that allows users to create documents and store them in the cloud. Besides wills, they also offer assistance with documents such as an enduring Power of Attorney for Property and Personal Care and a Social Media Will.
Founded by two former estate planning lawyers, Epilogue online wills aims to make will creation accessible and achievable to every Canadian. The process can take place anywhere there is internet connectivity since it is done online rather than in person. Get started with Epilogue at a discounted price using code CREDITPICKS20. This code gives you $20 off your first order.
The best thing about creating an online will with Epilogue is that you have a digital or printed copy at a fraction of the cost of an attorney. The platform provides a simple, affordable way to develop and memorialize a legal estate plan.
An Individual Will is $139, while a Couple’s Will costs $229. Epilogue also provides a package that includes Powers of Attorney and a Will, priced at $179 per Individual and $289 per Couple, respectively.
Every adult Canadian should have a will. You should update your will annually. Unfortunately, most people put off creating a will until it’s too late. With Epilogue, creating and managing estate planning documents is a breeze. What are the benefits?
Anyone in the English-speaking provinces of Canada can use Epilogue’s platform. However, these audiences should specifically consider creating a will using Epilogue.
Really? Create a will in your twenties? YES! No matter your age, your estate plan is essential to you and your family. All adults, regardless of age, are eligible to create an online will—even in their teenage years. Organizing and protecting your assets and property at a young age shows financial discipline.
In the unfortunate event of your passing, your family needs to know who should take care of your pets. Having a will helps with planning your pet’s future. In addition, a will provides your family with instructions regarding your precious lifelong companions.
Without question, every Couple and parent should have a legal will and power of attorney in place. With Epilogue, it is fast, simple, and inexpensive to create. Most importantly, it provides your friends and family immediate comfort from your affairs being in order. Whether you have significant assets when you pass on or need someone to care for your child, a will is probably the most important document you can create. Parents will also have peace of mind knowing their assets will pass to their children, immediately or in the future.
Epilogue online wills in Canada offers customers three major legal document creation options. Users can create a Will, Power of Attorney, and Social Media Will using the platform. The site walks users through a few simple questions, informing them of progress every step of the way. Upon completion, they or their family members will have a document or documents that save them from having to deal with legal jargon or extraneous information.
A will is an important document outlining your estate’s administration and distribution after you die. Creating a will could mean the difference between a hassle-free distribution of your estate or additional burden and undue stress for your family. With an Epilogue online will in Canada, you can be sure your final wishes will be honoured by family and friends and the governing laws of Canada and your province.
In your will, you decide the location of your burial or cremation, service type, details about organ donations, and any other last wishes you have. Most importantly, a will determines how you disburse your assets and personal possessions. It’s a no-hassle way to plan and care for your family’s most important members.
Users can create a Power of Attorney for Property or Personal Care. A Power of Attorney for Property allows you to name the person as an agent to act on your estate if you’re incapacitated. It is crucial to create, review, and update your Power of Attorney for Property, given relationships or details may change over time.
Meanwhile, a Power of Attorney for Personal Care helps name a person who can make any decisions if you’re unable to, such as choosing a place to live and a medical treatment method.
Combined, these two Powers of Attorney ensure your interests and family members are in good financial hands in tough times.
Epilogue also allows you to create a Social Media Will for free. This service is for anyone who wants a specific party to manage their online presence if they pass away. Epilogue’s experts help you plan for and create a legal document that includes all your social network profiles. In addition, it provides instructions to your family members or friends regarding how to maintain or close out the profiles upon your death.
For most, hearing about or discussing a will is uncomfortable. This is because wills remind Canadians of their mortality. However, you should never view a will negatively. Instead, think of a will as another essential part of your overall financial plan that outlines your final wishes in written or digital form. A will takes care of the ones you love even after you are gone.
A will is a road map for your family, guiding them through a complicated time. It helps ensure your loved ones aren’t burdened with outstanding debts and that life insurance policies, bank accounts, investments, and other financial and non-financial matters are given due attention. In our opinion, there is nothing better you can do for your family and friends in preparation for the unexpected.
As an individual, you likely own assets in several classes. These assets might include property, financial assets such as stocks and bonds, vehicles, and more. However, if something happens to you and you don’t have a will in place, or the will is invalid, the government may determine how to distribute your estate. This process could cause unnecessary strain for your loved ones during an already-tough time.
Prepare a legal online will in Canada with Epilogue. A properly drafted will ensure the distribution of your assets according to your wishes.