Willful is the first company to offer a fully digital notarial will. It stands ready to fill a crucial gap in the province’s legacy planning. While more than half (55%) of Quebecers say they have a will, 45% say their will was made by a notary, 43% of Quebecers over the age of 18 do not have a will. Looking at the numbers, nearly four-fifths (79%) of Quebecers under the age of 35 reportedly have no wills.
The main reasons for not having a will were its cost, the feeling that it was not essential, the lack of clarity about how to proceed and the time spent on the process. By meeting younger consumers’ need for online options without the need to schedule an in-person appointment or coordinate with another party’s schedule, Willfull’s platform promises to improve access to estate planning.
While more than half (55%) of Quebecers with wills say they have to pay more than $ 250, Willfull offers users the option of getting a will for witnesses for $ 99. The platform also offers a more extensive alternative that includes virtual execution by a notary and registration with the Chambre des notaires for $ 349.
“We worked with local real estate attorneys to create the most comprehensive online estate planning service in Quebec so you and your family are prepared for tomorrow,” said Bury.
Willful is also offering free wills worth $ 99 during the COVID-19 pandemic. To date, it has issued more than 3,000 wills across Canada under this initiative.