Many employers are spending thousands of dollars on life insurance and KiwiSaver each year without realising the importance of coupling this with a Will.
Likewise most people don’t realise when they pass away that these funds are considered personal assets and 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 Will Deck is our foundational estate planning platform designed to share all the “need to know” stuff regarding Wills and estate administration via digital learning labs. It also provides the ability to create, keep up to date and store a legally valid online Will.