General Question

BronxLens's avatar

Best way to prepare a will?

Asked by BronxLens (1539points) January 2nd, 2009

Are websites such as LegalZoom reliable?
What about kits purchased at Barnes&Noble such as NoLo’s Simple Will Kit

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8 Answers

ben's avatar

I’ve heard good things about LegalZoom, especially for wills. I’m haven’t used it myself, but when I was researching it, I came across many many positive LegalZoom/will reviews.

asmonet's avatar

the elusive ben made an appearance!

I’ve also heard good things about LegalZoom. Can’t say I know anyone who has tried them yet, but the review seem almost all positive. So…nothing to add. Ben beat me to it.

Mizuki's avatar

@ BRonx—also consider a Trust. A trust can help you to avoid probate. You may need an attorney to do the Trust, but if you have assets and kids, you can be more specific with your wishes and not go through probate. Our Trust cost about 400, and specifies what happens with our children in event of our passing ect.

90s_kid's avatar

Will? Is that the thing that people read when you die? I wanna right one because I could die any day.

Lightlyseared's avatar

With professional legal assistance.

90s_kid's avatar

oooh…
Nevermind.

srmorgan's avatar

@bronxlens.

Lightlyseared is right. Are you married? Do you have children? Are you contemplating starting a business or are you in business with a partner, or even worse, a relative?

You live in New York, my former state of domicile. New York law is usually the most complicated and unpredictable law out of all 50 States.

If you are under 25, no significant assets, no real estate, only one sibling, maybe legal software will do for you. But remember, as we move on in life, things change and your will should keep up with the circumstances. You might be single, without any obligations today and suddenly find yourself with a wife and a kid and a condo in Florida and you have a will drawn up using outdated software.

My youngest child turned 18 on December 20th and my wife and I are seeing a local attorney to revise everything at the end of this month. It does not make sense to be setting up trusts to protect young children when all of them are now over 18 and adults in the eyes of the State of North Carolina. We still need to have a plan for leaving things to them if we should somehow go at the same time or within a short period of time.

And the way we will handle passing our assets now will be different ten years from now when the kids are 34, 31 and 29, if we live that long.

Do yourself a favor and consider what I have written here. It might be important some day.

SRM

kimigen's avatar

a lot of attorneys will do a simple will for a flat fee. if you own a few assets that you want to ensure are distributed according to your wishes, paying an attorney now will save a lot of trouble later

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