Cost Effective Wills
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.
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
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.
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.