What is ‘EQ Wills’?
ExeQtrust Limited (‘EQ’) has raised the bar when it comes to Estate and Financial Planning in Trinidad & Tobago. The concept of making a Will no longer has to involve making an appointment with a lawyer, going to meet them to give instructions and answer questions, then waiting weeks or months for a Will to be prepared, for which you may be charged an hourly fee by the lawyer.
The future of Will making is finally here. EQ presents an easier approach with the first comprehensive and customizable online portal for Will creation in Trinidad & Tobago. The EQ Wills App (available at EQ Will (exeqtrust.com) or on EQ’s website) allows the client to input their information directly, on their own time and at their own pace with helpful guidance. The client then schedules a Will Consultation with one of EQ’s in-house lawyers, after which their Will is electronically generated and then finalised by the lawyer.
Why choose an online Will Generator?
Here are the benefits when completing your Will using EQ Wills:
- Lower cost – You no longer have to depend on a lawyer to start your Will, eliminating potentially high fees.
- Shorter completion time – Once you complete the online app, the Will is generated within seconds. After a Consultation is held (virtually or in person based entirely on the client’s preference), the Will can be finalised – so end to end the entire process can be completed in a matter of days.
- Easy updates – Have you recently gotten married, acquired new assets or simply need to update your Will? Now you no longer have to redo your entire Will! Simply log into your EQ Wills profile, update your records and that’s it! Your updated Will can be generated in seconds and be ready to be signed within days.
- A more detailed and comprehensive Will is generated – Do you know who you’d like to leave your specific assets for? Don’t settle for a generic Will- EQ Wills gives you the opportunity to state exactly WHO inherits WHICH assets and AT WHAT AGE.
Would EQ Wills be applicable in Trinidad and Tobago?
Definitely!
- This online Will App was designed and created to be fully compatible with Trinidad and Tobago Probate requirements.
It is also programmed from a practical perspective–
- It contains the specificities and details that third parties like clerks at the Motor Vehicular Licensing Office OR the tellers at Financial Institutions look for when the Will’s Executor visits those offices (with the Grant of Probate and the Will) to transfer the deceased’s assets to the intended beneficiaries.
And finally, it is acquiring a regional footprint
- EQ is in the process of formalising partnerships in other commonwealth countries in the region, so that EQ Wills can be made available in those territories in 2023! This involves liaising with lawyers in each jurisdiction to tweak EQ Wills to make it compatible with the laws and practice of each country.
When is the right time to obtain a Will?
Yesterday!
It is never too early to start planning for the future and in fact, in the words of Abraham Lincoln, “the best way to predict the future is to create it”.
Please don’t wait until it’s too late to plan your estate and build the future you deserve. This may not even always result in a Will being the most effective solution to pass on your estate. Rather, ExeQtrust and its team of Future Planners blend technology and the human touch, to help individuals and companies design & secure the future that is most appropriate for them.
We do this by listening to our client’s needs and concerns and devising a strategy in each instance to enable them to create the legacy they want to leave behind.
Disclaimer:
This information found on this article does not provide Legal Advice.
