Are you one of many people who don’t have a will? Is the will you have out of date? If your answer to either of these questions is yes, then the Will Wizard is here to help you.
The Will Wizard is designed to assess your estate planning needs. Answers compiled will be compiled and sent directly to your financial professionals preferred in-house or external specialist law firm to assist in generating a simple or more comprehensive will if required .
How do I start the Wizard?
Your financial professional will need to provide you with access to prepare your will information within the system. Once provided, there are multiple entry points to the Will Wizard in your wealth portal.
You can launch the Will Wizard from the “Organise my will” button on the side panel.
You can also expand the protection area of your wealth portal and launch the wizard from there.
How does the Will Wizard work?
The Wizard is very easy to use. It guides you through a series of simple questions to collect information about your desired beneficiaries, preferred legal guardian(if you have children), and designated executor/s.
The Wizard will prompt you to add the details of your spouse and children so they can be included as your beneficiaries.
Once you’ve gone through this series of basic steps, the Wizard will display a message notifying you that your answers are being processed and sent to a partner law firm. If you are a Pro account subscriber, you will be prompted to Get your Executor Kit.
Generating an Executor Kit.
The Executor Kit is a document that outlines your financial situation and summarises your estate planning wishes to make things as easy as possible for your executor to administer your estate.
If you have a Pro Account subscription you can go ahead and generate an Executor Kit.
To learn more about generating an Executor Kit, click here.