There are plenty of options available for all those who want to prepare estate plan through the use of legal software or online legal software system. Whether you believe it or not, there are a number of well known personalities who also sell legal software products at local bookstores. Then again, some services online are conducting interviews of the client first before providing a trust or will.
Obviously, there are benefits as well as drawbacks to using such system when you are preparing a trust or will. You have to consider the costs and benefits of buying legal software CD from local bookstore before investing your hard earned money on it.
Number 1. Start cost is lower – to use a legal software system, what you need is simply a computer, printer and a bit of your time. Compared to the cost being charged by legal professionals, the average startup cost for online software or legal service from the bookstore is a lot lower.
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Number 2. You can save time – needless to say, the benefit of time saving varies from different clients. If you’re a bit slow working on computer, then time savings will be less or even non existent. If you are fast on the other hand, then there’ll be more chances of saving time.
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Number 3. You do not need to deal with any consequences – this is somewhat strange benefit of using estate planning software but it is the truth. There are so many people who just don’t care on the possible consequences, it’s the heir who has to take care of the situation.
Number 4. You are going to get more privacy – hiring a lawyer will require you to open up to a total stranger for them to completely write your will. There are so many people who detest revealing their personal and private information to someone they do not know which is completely understandable.
Number 5. You are in control – for those who want to feel empowered and more in control, they prefer to make use of an online estate planning software than hiring a lawyer.
Now just a few words of caution, when using estate planning software online, you have to deal with everything in great care. Because the process is more like a DIY approach, the chances of making errors are higher and the mistakes committed can be costly that it can lead to other problems in the end. Thus, it will be highly recommended to spend enough time reading everything. But so long as everything is well-thought and have planned things out from start to finish, you will do fine and things fall into their place as what expected.