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Quicken Willmaker

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  #1  
Old 11-08-2009
TechSpot Member
 
Member since: Jan 2009, 58 posts
Quicken Willmaker

My husband and I are interested in creating a Living Will. I have read good reviews about Quicken Willmaker 2009 and was wondering if we get this program or another one similar, how do we make it leagal? Has anyone used this program and if so, could you explain how it works. Thanks for your time.
  #2  
Old 11-08-2009
TechSpot Evangelist
 
Location: Four Corners, US
Member since: Dec 2006, 10,620 posts
Living Will is ok for normal assets, and the usual numbers of family and children., but once you get it all figgered out, and argued and disgussed and disgusted, if you have any assets or children, run it by an attorney to avoid regrets or problems for those named in your will.
State and local laws will screw up a lot of will software, and the thing you want to avoid most after you are gone are the greedy lawyers assigned by their friends, the judges of the courts during probate.
The best thing about Living Will is that it makes you think, and helps get everything in order so you do not have to pay lawyers $250 to $400 an hour to ask you questions to which you already know the answers.
I am not a lawyer. Don't like them. But I have lived through the painful surprise of the death of a spouse, mother, father, grandfather, grandmother, wife's relatives. It can become suprisingly ugly.
You may know what to do. But supposing you get hit by a truck. Are all the people in your family tough enough to deal with all the difficulties that arise at a time when they are filled with grief or anger.
  #3  
Old 11-08-2009
LookinAround's Avatar
TechSpot Chancellor
 
Location: Chicago-land, IL
Member since: Apr 2007, 7,257 posts
No experience with the Quicken program but i'd also be more concerned with making sure the document itself is accurate and binding
1) It's worth talking to a lawyer first. The first consultation should be free (go somewhere else if that's not how they work)
2) Most lawyers (certainly here and many other places) should be able to quote you a fixed price for creating the living will (and get the price in writing)
3) That price should include transferring title of real estate property into the trust
4) Note: You should be able to easily re-title / submit the documentation for all your other stuff yourself (lawyer would charge extra.. and it's not hard to do yourself)
> Autos
> Bank Accounts
> Investments, IRAs, 401Ks, etc
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