Many employers are spending thousands of dollars on life insurance and KiwiSaver without realising the importance of coupling this with a Will.
Most people don’t realise when they pass away that these assets are not immediately available to their loved ones. Additionally, if there isn’t a Will in place the time and cost to access these funds if the worst were to happen increases by an estimated 50%. To give that perspective, this could mean an estate administration fee upwards of $15,000 and over 18 months before any funds can go to beneficiaries.
The Footprint Will Deck is our original estate planning platform designed to teach all the “need to know” stuff regarding Wills and estate administration via digital learning labs. It also gives the ability to create, keep up to date and store a legally valid online Will.