Cost Effective Wills

Cost Effective Wills

 

http://www.lawdepot.ca/contracts/last-will-and-testament-usa/?pid=pg-R4A3Y9OYQP-last-will-and-testament-usatextlink&loc=US

 

Online Software and Ready-Made Forms Make Creating a Will Simple and Affordable

 

 

If you’ve put off making a last will and testament because you don’t want to pay a lawyer, you should know that it’s not necessary to hire an attorney to draw up a will. 

Many people who require a basic will can create one online or simply use store-bought legal forms. Each of these methods of creating a will is far less expensive than retaining a lawyer to do the job.

For instance, several Internet-based companies, such as Law Depot, allow you to create a will from your own computer.  
When you create a will online, you are walked step-by-step through a series of questions to help you create the will.  You then print out the will, and get it signed by at least two witnesses and notarized. Most online software programs for wills also let you go back into the will and make changes or additions to the document as you see fit.

http://www.lawdepot.ca/contracts/last-will-and-testament-usa/?pid=pg-R4A3Y9OYQP-last-will-and-testament-usatextlink&loc=US

The cost of making an online will usually ranges from about $20 to $100. For as little as $5 to $20, you can also buy a standard will and testament on ready-made forms sold in stores such as OfficeMax, Office Depot or Staples.

By comparison, a lawyer may charge anywhere from roughly $100 to $1,000 to create a will, depending on the part of the country in which you live and the complexity of your personal circumstances.

So don’t let money be an obstacle to creating your will.

You really do have easy, convenient, low-cost alternatives to get the process completed.

 

 

But Sometimes, You Do Need to Hire a Lawyer

 

http://www.lawdepot.ca/contracts/last-will-and-testament-usa/?pid=pg-R4A3Y9OYQP-last-will-and-testament-usatextlink&loc=US

 

 

For example, it’s best to get an attorney involved if:

  • You have a large estate and want some estate planning guidance.
  • You want to disinherit a spouse.
  • You are concerned that someone may contest your will or try to claim that you weren’t of sound mind when you signed it.

 

 

Final Thoughts

 

I used LawDepot to create my will online; my husband did, too.  So if your situation is pretty straight-forward, you can do the same thing; it wasn’t a complicated process.  And rest assured that a will prepared on online software — or one prepared on a store-bought form — is just as legal as if an attorney drew it up.

For advice on how to write up a will, see What You Need to Know About Writing a Will.

 

 

 

Thanks for visiting and reading …

I hope this article provided you some helpful ideas.  I welcome your comments below.

-Laurie

 

 

 

 

10 thoughts on “Cost Effective Wills

  1. This is a great site with some great advice about life and dead. Death is a topic many people don’t feel comfortable talking about. I have experience so much death in my extended family that I have come to accept it as part of life. I worry sometimes about what will happen to my children if I were to die suddenly (No body wishes for that but it happens). An online will that will cost hundreds of dollars less is a great idea.

  2. People are constantly avoiding the topic of death. Last year I gave birth to a beautiful baby boy, and I told his father that we have to think about life insurances for both of us and drawing a Will if God forbid, something happens to us. Unfortunately, his reaction was not what I wanted to be.
    I like that there is a software for legal issues like drawing a will, I think the main reason for people not willing to do these important tasks are cost. Lawyers are expensive. Thank you for sharing!

    1. Hi Lena, thank you for your comment. The best approach to these tasks is to “just do it,” and get it over with. Then you can forget about it and reward yourself with something fun and happy

  3. Wow! the internet has all the information we need, if only we find it before it is too late.

    I am glad that many things can be done online these days for a fraction of the cost. It is sad that we are living with all these stresses because of family feud that might ensued.
    There are many people who might not have realized that they do not need an attorney to draft up a will, and thus saving hundreds of dollars. Hope they find these articles.

    thanks for the awareness, Laurie.

    1. Thanks, Ann-Marie. It’s definitely cheaper and faster to prepare your legal documents this way. Now there’s no excuse not to!

  4. I agree this is a great alternative to hiring a lawyer. My only concern would be that now a days a lot of family members tend to be less than civil with each other when a parent passes and so If that were the case then perhaps the person doing the will online could also get a written statement from a doctor stating that person was of sound mind on the same day as the will is made.

    1. Thank you – that’s a great idea, Gloria. If there’s any question of contention, I recommend taking the completed document and having it notarized and witnessed. And if there is any doubt about being of sound mind, of course, geta doctor’s approval in writing.

  5. Recently I have been thinking about my Will. In fact I have not done one yet and reading your article is a reminder that I need to attend to this. I like the online software program on your site and would be using it to finally get down to doing my Will. Do you have an idea what this will cost? Thanks for a very resourceful article.

    1. Rodney, you can usually prepare your will using online software for less than $100. You will also need to have it notarized, which can range in cost, but should be also less than $100. If your will is not particularly complicated, this an excellent alternative to having a lawyer’s office prepare it.

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