Last Will — End of Life Planning

Photo by Cathryn Lavery

If you’re like most people, you don’t get around to writing a will until it’s too late. You know you should write a will, but it’s just not something that comes naturally to you. You don’t want to think about how you’ll die – you want to live! And even when you do finally sit down and start writing, it feels like it’s all just so much work. Do you really want to make your own last will and testament on your own?

But here’s the thing: not having a will is like playing Russian Roulette with your life and property. If something happens to you without one, your family could be in for a long legal battle just trying to figure out who gets what.

So what can you do about it? Let’s talk first about what a Last Will actually is.

What is a Last Will?

If you’re reading this, chances are you’ve heard of a last will and testament – often simply referred to as last will. You might even be wondering what it is – and if you should have one yourself.

A last will is a document that allows you to dictate how your assets are distributed after your death. If you don’t have a last will, then the state will determine who gets what. And if you’re anything like us and have spent years building up a portfolio of investments, plans and dreams, that’s not something you’re willing to leave up to chance!

Why do you need a Last Will?

End of life planning becomes more and more relevant. After all, you may have even hear of a end of life planning workbook or plan. However, most Americans don’t have their own last will.

The best part about having a last will is that it can help protect those who depend on you financially by making sure that they receive the funds they need in order to continue living their lives without interruption or stress. It also allows them to be confident that their loved ones aren’t left with any uncertainty about what happens after their death.

Additionally, having a last will help ensure that there are no legal disputes over your estate after your passing – which can often get very expensive and time – consuming for everyone involved!

Myend’s Mission - A Will for All

First of all, Myend wants to make writing a will as easy and fast as possible. We understand that you have other things you’d rather be doing. That’s why if you follow the simple steps to set up your Myend account, you can be done with your last will within 10-15 minutes. 

Additionally, this is a legally binding document – for our American customers. Our research team focused on creating a product for all Americans! Our mission is to expand the range of our legally binding documents to other countries next.

Myend’s Last Will - Raising the bar

You need a premium account to fully use our Last Will. However, you can always start off with a non-legally binding e-will and once you get familiar with the interface, upgrade to the plan that better suits your and your family’s needs.

Just like the e-will, our last will and testament comes with the following features:

  • Belongings: Adding a belonging has never been easier, Just simply add a new asset via the belongings menu and it’s going to automatically be included to your last will as an asset.
  • Vault: Myend’s Vault is a way to keep all your passwords and digital assets safe. Just like the belongings, adding a digital asset to your vault means that it’s automatically also added to your last will. Simple as that!
  • Beneficiaries: When you add a new belonging or digital asset you will be asked to add a beneficiary as well. The easiest way is to add a new Contact that you can then manually select through the contacts menu. Once again, if you add your loved ones as contacts in advance, you can name them as beneficiaries within seconds.

For a more extensive look on our last will’s features and services have a look here. In short, our last will is made in such a way that can best reflect your needs. Easy to customize, easy to use.

Keep your Will updated with no extra costs

Myend’s subscription plan allows you to access your last will. More importantly, perhaps, it lets you update it as many times as you want to free of charge! And we don’t just mean that you can make your will in smaller intervals if you’re busy. On top of that you can re-write it entirely. This is a completely new way of looking at testamentary and end of life planning services.

For instance, a British survey has shown that almost half of people over 50, change their last will multiple times. But even here in America, most experts in testamentary services would recommend you updating your last will at least once per five years. Some even say that each three years is better. With a minimum of around $150-200 and a maximum of over $1000 in attorney fees, it becomes clear that this can get expensive in the long run. 

Myend allows you to update your last will, as many times as you want to for as little as $4.99 per month. This gives you the absolute freedom to deal with your last will on your own terms. You can also unsubscribe any time you want to and your last will is still going to be there for you. Find out more about the different Myend plans here.

Final Thoughts

Nothing says legacy more than a last will and testament. Unsurprisingly, that makes it the centerpiece of end of life planning. It’s not the only document you should consider though. Myend offers some of the most comprehensive end of life services available for before, during and after your death. 

Just sign up today to create your own end of life plan in clear, simple and fast steps!

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Disclaimer

Myend is not a law firm, it does not engage in the practice of law, and it does not render any official legal advice. Therefore, you are hereby advised to seek your own legal counsel regarding any legal issues. Myend’s articles are meant to be taken as suggestions and therefore Myend carries no responsibility for the user’s actions.