The WillPower application uses your UserID as a unique identifier used to identify you and your account. It is your username which you will use to login to the application at any time.
No. The middle name is not compulsory. Only your first and last name s are mandatory for registration on WillPower.
WillPower accepts phone numbers using the following number format (8034567890) removing the first zero (0).
Please check the email address you registered with. One Time Passwords are also sent to your registered email.
Please check the inbox of the email you registered with. If not in your inbox, also check your junk folder or spam folder. Make sure to mark emails as not spam so they will appear in your inbox.
The WillPower application will only allow the following parameters for password creation; minimum of 8 characters with at least 2 numbers and 1 symbol.
During the application select Other religion when the application prompts you for your practicing religion.
To change calendar date, click on the calendar icon, click on the year to change the year or month to change the month. Use the up and down arrow keys to browse through the values.
Making UTL your executor will empower UTL to keep a copy of your document for you, so you can modify it later at a reduced rate/cost. UTL will send you regular reminders to update your will or trust. When you make UTL your executor/trustee, on request, a physical copy of the probated/stamped document can, on request, be sent to you.
In Executor Details Palette just select YES to make UTL Trust Management Services your executor or Trustee. Leave all other fields blank.
By Nigerian law, a testator can appoint a minimum of 1 corporate Executor or 2 individual executors.
It is not compulsory but if you have had prior negotiations with your executors and have come to an agreed remuneration for the service, enter the value in the executor compensation screen.
The RSA Will is a will that one should use to distribute Liquid assets only. i.e. Retirement Savings Account, Cash Accounts, Gratuities, Life Insurances and other employment related entitlements. Simple Will is a will used for distribution of ALL ASSETS i.e. It comprises the liquid assets and physical assets like Land, Houses, intellectual Properties, jewelry etc.
When you start out in life, you get a good job that comes with benefits, a Retirement Savings Account, gratuity entitlements and Group life insurance¦ All these; usually in error, are not considered assets on behalf of the testator leading to individuals not creating wills when they should. After demise most of these are forfeited and lost. We have thus created this to capture the liquid assets of individuals to ensure that they will be accessible to beneficiaries /family members unfettered. In other words, you don't have to wait until you have lands, houses, cars, businesses before you create a will.
RSA Will is an estate planning vehicle for distribution of Liquid assets only. Liquid assets include; RSA (Retirement Savings Accounts), Employee benefits like pension plans, group life insurance, life insurance, cash accounts etc. They do not include real and personal property like land, cars, houses, jewelry etc.
Simple Will is an estate planning vehicle for distribution of all assets. Assets include; Real and personal property like land, cars, houses, jewelry etc. and Liquid assets like RSA (Retirement Savings Accounts), Employee benefits like pension plans, group life insurance, life insurance, cash accounts etc.
To share an asset among two or more beneficiaries, in the estate disposition palette, enter the asset on multiple lines one for each for each beneficiary, stating the amount or quantity you want each beneficiary to have in the Quantity field.
No. You do not have to fill the palettes in any particular order. You only have to ensure you have filled the all compulsory fields before completion.
The WillPower application will only allow the following parameters for password creation; minimum of 8 characters with at least 2 numbers and 1 symbol.
On the left there are icons to navigate around to different sections. The completed sections are marked in green and the incomplete sections are marked in grey.
Hover over the blue information icon in the field for more information. Should you require more information or help, you can chat with our support team, live on the homepage.
Please check that you have activated your account. On registration a link is sent to your registered email address. An OTP is sent to your resgistered mobile number and email address. Please use these to activate your account. Only then can you login to WillPower.
All Wills created on WillPower are lodged at the probate registry of your chosen state. Trusts created on WillPower are also filed with the appripriate authorities.
There are no documents required to create an account on WillPower. You will however be required to upload your identification (KYC) documents while filling out your information. These will be used for filing and lodgment purposes.
We will begin processing your insurance once you have completed your document. This may take up to a week. You will recieve your policy via email when ready.
UTL's execution fees for Wills created on WillPower is 5% of the total value of Asset covered, payable at the time of gathering, distributing and managing the assets.
UTL's trusteeship fees for Trusts created on WillPower is 2% of the total asset value under management charged annually.
Execution and Trusteeship fees are negotiable only when creating a Comprehensive Will or Comprehensive Trust. All other fees are fixed.
Contact us via our support channels and we will assist you in retrieving your username.
Only users who selected UTL among their executors are given the option to update their documents after a 90 day period.