Everything written in this article is correct as of August 29th 2018. Prices, services and review ratings change. We will attempt to update this post if there are material differences to the information presented here.
Comparing LegalZoom with USLegalWills.com – Executive Summary
Looking for an alternative to LegalZoom for writing your Will?
You may not have time to read this complete article, so here are the key points;
- Both LegalZoom and USLegalWills.com have been offering Will writing services for nearly 20 years now. The longevity of both companies is an important consideration when choosing an online Will service provider.
- In terms of the core Will writing service, USLegalWills.com has more options and more flexibility. It includes features like Pet Trusts, Lifetime interests trusts, a specific section on charitable bequests and Mirror Wills. There are no features in the LegalZoom service not available at USLegalWills.com
- USLegalWills.com is AT LEAST half the price of LegalZoom. When you take into consideration additional features like updates over time, USLegalWills.com is a fraction of the cost of LegalZoom (unlimited updates to all of your documents for 10 years is $34.95 at USLegalWills.com, at LegalZoom updates cost you $29.95 every single time you want to make a change!). There are also no ongoing subscriptions at USLegalWills.com and never any need to cancel a recurring payment.
- USLegalWills.com specializes in estate planning documents which means that customer service know estate planning, and the additional tools on the website are all geared towards estate planning. LegalZoom also specialize in business incorporation, trademarks and intellectual property service.
- USLegalWills.com have created a suite of services to support your Will. These include naming a keyholder to access your documents after you are gone, documenting your assets for your Executor through the MyLifeLocker service, uploading files to a digital vault for your loved ones, even writing messages to be distributed after you have passed away. LegalZoom only offer the downloaded documents and nothing else.
- Why is LegalZoom bigger? because they took a different corporate strategy in raising $800M of venture capital investment over the last few years. This gives the company a massive advertising budget. USLegalWills.com is privately held. This means that it is not driven by profitability and returns to investors, so we offer a fair service for a fair price. But this also means that we do not have $800M to spend on marketing!
Addressing the Will writing gap for your clients
Do you work in an industry that promotes Will writing for your clients? Maybe you are in finance, or insurance, or the funeral industry. Perhaps you work for a charity that promotes the idea of planned giving in one’s estate plan. Maybe you just work in the area of financial literacy, or you work with seniors planning their retirement. There are countless industries that understand the importance of Will writing. But often we find that professionals meet with their clients to discuss the value of a Last Will and Testament. The client agrees, and promises to get their estate planning in order. Only to meet up again a year later and nothing has changed. At USLegalWills.com we have an affiliate program that can help you, and your client.
I actually think it’s a good idea to have a living will. I’d encourage everybody to get one. I have one; Michelle has one. And we hope we don’t have to use it for a long time, but I think it’s something that is sensible. – Barack Obama, 2009
One of the most confusing services that we offer at USLegalWills.com should be the simplest. But in the US there are countless terms being used for very similar things, and we will try to decipher these terms in this article on the Living Will. Terminology does change though, so it is possible that this article can become out of date. Please fee free to add corrections or updates in the comments below.
The Living Will
A living will is a written, legal document that spells out medical treatments you would and would not want to be used to keep you alive, as well as other decisions such as pain management or organ donation.
A Living Will is much more than Continue reading
Most people recognize that a Financial Power of Attorney (PoA) is a critical part of a complete estate plan. While a Last Will and Testament describes the distribution of your estate after you have passed away, the financial Power of Attorney allows you to give somebody to power to handle your business affairs if you are incapacitated or otherwise unable to take care of your finances yourself. This article discusses the implications of creating a Financial PoA. Keep in mind that we are not dealing with a healthcare PoA in this article which is an entirely different document.
Background to the Financial Power of Attorney
A financial PoA allows you (the grantor, principal or donor) to grant power to another person (the attorney-in-fact or agent) to handle specific or general financial tasks under defined circumstances. This gives rise to the different types of financial PoA; they can be “special” or “limited” if they grant specific powers to the agent, or you can create a “general Power of Attorney” if the powers are not to be restricted.
There are three types of general PoA Continue reading