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The Risk of DIY Planning
Using a DIY document preparation is tempting because they cost less. Articles in this section explain why do-it-yourself Will and Trust services and not actually the cost-conscious solution they appear to be.
Many people turn to do-it-yourself estate planning software because it feels quick, affordable, and manageable. And for very simple situations, those tools can seem to do the job. The trouble is that estate planning rarely
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Comparison Shopping: For Yogurt? Good. For Estate Planning? Not So Much. One of my favorite stores is Costco. I try to purchase as much as possible there because it saves money on all sorts of
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A couple of weeks ago, I published a blog post entitled The Problem With LegalZoom (And Other Do-It-Yourself Estate Planning Solutions) which highlighted some of the pitfalls of relying on do-it-yourself document preparations services. The
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LegalZoom markets itself as a cheaper alternative to hiring an attorney. As a result, many individuals choose LegalZoom over professional legal services, believing that its documents will be just as effective as those created by
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Estate planning is as important for small estates as for large ones. We all have the potential of becoming incapacitated. Therefore, having documents in place that allows trusted individuals to make medical decisions for you, manage
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A reader submitted a comment to my article titled “LegalZoom vs. Lawyer: What You Don’t Know Can Hurt You.” This reader’s view of lawyers had been shaped by his experience in a protracted divorce proceeding.
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Topics
- Estate Planning121
- Wills59
- Probate and Estate Administration45
- Powers of Attorney45
- Intestacy34
- Gift and Estate Tax32
- Trusts26
- Newsworthy25
- Choosing a Guardian24
- Wacky Wills22
- Odds and Ends17
- The Risk of DIY Planning16
- Special Needs Trusts13
- Transfer on Death Deeds12
- Retirement and End of Life Planning12
- Incapacity11
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