You can draft a document over the internet using readymade templates called an online will. You can then download it , print it, sign it, have it witnessed by atleast 2 witnesses and then store it in a safe place. A number of Indian portals offer these services. You can then upload a scanned copy of the will and store it on the portal.
Banks offer high end services such as the videshoot of the entire writing of the will and store it digitally in a safe manner. This is offered mainly tHNI’s for a fee. This process is managed by the banks wealth division in a hassle free manner making sure that your beneficiary (heirs) get your wealth.
Oral wills called “privileged wills” are made by soldiers, airmen and the navy officers whare on the war front.
A digital will allows you tpass your online property (social networking accounts or an email account) tyour heirs (Children).
If you have a digital legacy and want ttransfer it tyour heirs a digital will is necessary. If you have a digital will the online/email service provider will hand over all your passwords and other account details tyour heir. The digital will can alsbe added ta standard will.
The research team at IndianMoney.com comprises of certified and experienced professionals who share the company's vision to make every Indian financially literate by equipping every Indian with right and unbiased advice. IndianMoney.com research team provides newsletters, articles, videos and FAQs on various financial products and concepts only to help you make wise financial decisions.
Subscribe to our Youtube Channel
No. 50, Vinay Arcade, K H Road,
Shantinagar, Bengaluru,
India, 560027.
