If you have looked into estate planning online at all, you have undoubtedly seen two things. You have seen websites wanting to sell you cheap legal estate planning documents and you have seen estate planning attorneys writing that you should not use those websites. The latter has been written in this space before.
It might be easy to dismiss what the lawyers are writing about as wanting to protect their own interests and get clients. However, there is a new report that is much harder to dismiss. Consumer Reports looked at the services of LegalZoom, Nolo, and Rocket Lawyer, three of the larger online providers. What Consumer Reports found does not bode well for anyone that would seek to use these services for estate planning. In fact, they found that the only Wills that these sites could really handle were the simplest of the simple: Wills that leave everything to a spouse. Even there, Consumer Reports found that the sites were less than ideal at creating those simple Wills.
If you are not going to listen to estate planning attorneys about the wisdom of online legal document providers, at least listen to Consumer Reports.
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Ryan M. DenmanandDennis D. Duffy
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