People often express love through actions like working hard, providing financial security, and protecting their families from life’s uncertainties. Their love is woven into the fabric of every paycheck earned, every sacrifice made, and every decision aimed at shielding their loved ones from hardship. But there’s one crucial aspect of protection most people overlook, planning for the future. Despite having protective instincts, people still fail to secure their family’s future through a simple, but incredibly powerful, legal document called a Will. Without a Will in place, a family’s future is left vulnerable, subject to the whims of unpredictable circumstances.
Picture this, you’ve worked tirelessly to build a life for your family, accumulated assets, and provided all the resources they need. But one day, something unexpected happens. You’re no longer around to protect them. What happens to everything you’ve worked for? How will your wife cope if family members come marching in, claiming all that you’ve built, because you failed to structure a Will?
Without a Will, there’s no guarantee that your wishes will be honored. In the unfortunate event of your passing, your family might face lengthy and expensive legal battles over your estate. What should have been a smooth transition of assets could instead turn into a battlefield, with relatives including extended family claiming parts of your property based on inheritance laws. This can create financial and emotional turmoil for your wife and children, leaving them to fight for what was rightfully theirs, all because you didn’t take the time to plan.
A Will doesn’t just protect your assets; it protects your family’s peace of mind. If your loved ones must deal with the complexity of dividing up your estate without clear instructions, the emotional strain will be even more difficult than the loss itself. Here are 4 common misconceptions about Wills;
- “I don’t need a Will because I don’t have much.”
People often believe that having a substantial estate is the only reason to set up a Will. But in reality, everyone with any property, no matter how small, should have a Will. It could be a house, a car, a savings account, or even personal items of sentimental value.
- “Creating a Will is too complicated and expensive.”
While some legal services might charge a premium for Will creation, there are now simple, affordable, and user-friendly platforms like the ARM Wealth & Legacy Portal, that make the process easy and accessible for everyone.
- “I’m too young to need a Will.”
Age doesn’t determine whether you need a Will. Accidents happen, and life is unpredictable. Whether you’re 30 or 60, having a Will in place is one of the most responsible things you can do for your family.
- “My family knows what I want. I don’t need to write it down.”
While it’s true that you may have expressed your wishes to your family, verbal promises hold no legal weight. Without a Will, your intentions are just ideas, and there’s no guarantee they will be carried out as you envisioned. A Will ensures that your wishes are respected.
We understand that creating a Will can feel daunting, especially for everyday Nigerians who may not have the resources for expensive legal fees or complicated processes. That’s why we offer Easy Will, a digital Estate Planning solution that is designed to make Will creation accessible, fast, and stress-free.
The Easy Will is a self-service platform available on the ARM Wealth & Legacy Portal that allows you to create a legally valid Will from the comfort of your home. With a one-time setup fee of only ₦50,000, this user-friendly platform guides you through the entire process without any confusing legal jargon, delays, or hidden fees. The ARM Wealth & Legacy Portal was designed to help you organize your assets and create a Trust, enabling you to make clear and informed decisions about how your assets will be distributed.
Don’t leave your family’s future to chance. Take control of your legacy today with the ARM Easy Will.
To get started, visit https://wealthandlegacy.arm.com.ng/signup/easywill or contact us at armtrustees-PT@arm.com.ng & 02012715002 for guidance. Protect your loved ones and ensure that your wishes are honored, no matter what life brings.
