Farewill

Overview
News
LegalTech?
Age Tech?
Product stageSegments
Early
?
Online legal services and litigation finance
?

Farewill is an online platform that allows individuals to create legally binding wills quickly and affordably. Founded in 2015, the company offers a straightforward process where users can answer simple questions through an online interface to draft their will. Farewill's services are designed to make the will-writing process accessible and convenient, eliminating the need to visit a solicitor's office.

The company's core offering is an online will-writing service priced at GBP 90 for an individual will and GBP 135 for a couple's will as of March 2018. Users can complete the process entirely online, and Farewill's team of legal experts reviews each will within five working days after payment. Once approved, customers receive a confirmation email, allowing them to print and sign the will in the presence of witnesses.

Farewill provides additional features to enhance the user experience, such as live support available seven days a week, a one-year period of free unlimited updates, and the option to pay an annual fee of GBP 10 for continued update access. The platform's user-friendly interface and seamless workflow have garnered positive reviews, with customers praising its ease of use and affordability compared to traditional solicitor services.

In addition to will-writing, Farewill offers a probate service starting from GBP 595, assisting customers with the probate application process and estate administration. The company has also expanded into the cremation service market, providing simple cremation packages from GBP 895 as of December 2022.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
7 Ability Plaza 1 Arbutus Street London GBR
Founded year:
2015
Employees:
51-100
IPO status:
Private
Total funding:
USD 39.3 mn
Last Funding:
USD 3.0 mn (Equity Crowdfunding; Nov 2022)
Last valuation:
USD 32.3 mn (Nov 2022)
Key competitors
 
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