When you are trying to find the realities with regard to services and products a highly appreciated go-to resource is Customer Reports. Their site and their paper copy magazine are excellent sources of details, and their research is conducted in an absolutely objective and impartial manner.
The estate planning community searched with interest recently as Consumer Reports chose to take a long tough look at 3 of the more popular websites that sell diy legal files.
They engaged the assistance of three legal teachers: Gerry W. Beyer of Texas Tech University; Norman Silber of Hofstra and Yale; and Hofstra University contract professional Richard K. Neumann.
These seasoned experts scoured last will files built using these online resources and found some poignant issues. It looked like though it would be possible for a novice user to use the online tools offered by the sites to include stipulations that are inconsistent.
In general, the manner in which the documents were worded could potentially be misinterpreted and “unintended effects” could result according to the professors.
Ultimately Customer Reports provided these websites a thumbs down, stating that there truly is no self-service substitute for the knowledge of a licensed and skilled estate planning lawyer.
When you see that a reputable source such as Consumer Reports has reached this conclusion you are certainly appealing fate if you choose to neglect their advice and take things into your own hands.
Passing along your tradition to your family is certainly an extensive endeavour, and it is best carried out with the advantage of expert guidance.