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While making a living trust may not be on the top of your to-do list, it should be. Not to be confused with a living will, a living trust allows you to manage and distribute your assets both during your lifetime and after you pass away. It goes into effect as soon as it is signed and can give you and your loved ones peace of mind knowing that no one will have to worry about going through a probate process.
Creating a living trust online has seen a significant surge in popularity over the last few years due to several reasons. In addition to being both convenient and inexpensive, online living trusts are easily accessible when needed. In fact, this method of estate planning has revolutionized the way individuals protect their assets and plan for the distribution of their wealth after their passing.
Friday, January 17th
Rocket Lawyer has served over 30 million customers and their customer reviews are unmatched. They allow users to see previews of all their documents and give a detailed description of their processes before you have to commit to signing up. Rocket Lawyer offers a 7-day free trial where you can create as many documents as you want before paying a monthly fee. There are a lot of perks that come with a membership, like access to lawyers to oversee your living trust and answer your questions. Rocket Lawyer is undoubtedly the #1 place to go for creating a living trust.
LegalZoom has been in the business of creating legal documents since 2001. Their services are continually expanding and they have a solid network of professionals to assist you with your living trust. LegalZoom won't be your cheapest option, but if you have a more complex estate planning situation, the legal advice you'll receive as part of your package will prove useful to you. LegalZoom is well-liked by customers and has an "A+” rating from the Better Business Bureau, landing them a top spot amongst their competitors.
Trust and Will is a reputable company that has only been in the business of living trusts and wills for a few years. However, they've garnered the support of top venture capitalists and have thousands of fantastic customer reviews, leading us to recommend them as a top option for creating a living trust. This is one of your more expensive options, but Trust and Will offers a 30-day satisfaction guarantee and clearly lays out everything you'll receive with their package.
LawDepot has been helping people create legal documents online for over 22 years. Their platform will guide you through a step-by-step process to create a living will, leaving little to no room for confusion as you go along. Users can access their documents for free short-term or get unlimited access with the ability to make revisions for a monthly fee. Overall customers are happy with their experience using LawDepot, so they're a good option for creating a living trust.
FindLegalForms is a company that's been in the business of legal document creation for over 22 years. They have more than 3,500,000 customers that have taken advantage of their over 20,000 legal document options. FindLegalForms doesn't have the most appealing website, but they hold an "A+ rating by the Better Business Bureau and their prices are affordable. This is definitely a good option for creating a living trust.
Nolo has been around for a long time and has created ebooks and forms to help people take care of their legal documents on their own. Their website isn't as aesthetically pleasing as it could be and it makes it slightly harder to find what you're looking for right away. For creating a living trust, you'll need to purchase an ebook with downloadable paperwork you can use to create your document. This isn't as easy as what's offered through some other companies, so Nolo has earned an average rating from us.
FreeWill is an outstanding company that has created a winning model for everyone involved. Individuals can create a living trust for free while nonprofits benefit by earning money from charitable donations made during the estate planning process. FreeWill is user-centric and has glowing customer reviews. Unfortunately, the fact that their services are limited to people living in California limits their ranking here.
Quicken WillMaker is a company owned by Nolo, another legal estate planning company you'll find reviewed here. They offer three bundles for customers that require a yearly renewal if you want to make revisions to your documents. The cheapest option for a living trust is $139/year but also includes other legal documents. This may be great for some people and overkill for others. You can either create your legal documents through WillMaker's website or download their software to your computer. Overall, this is a good company that might just be out of some people's price range, so it isn't our top option.
US Legal Forms has an impressive selection of legal documents for customers to use. They have two package options to choose from that are reasonably priced, especially if you are wanting to complete a lot of different legal forms, but you're locked into a monthly subscription. And, they only have a "B” rating from the Better Business Bureau because of a pattern of complaints. They also have fewer customer reviews than we like to see, so this is one of our least favorite options for creating living trusts.
TOPS is a company that operates 8 brands specializing in office supplies, tax preparation, and classroom tools. They have a website full of products that feel disorganized and it's confusing to find what you're looking for. When it comes to living trusts, TOPS doesn't have any easy solutions and we aren't even sure what their best product is. Legal forms are not their bread and butter, so we don't recommend using them for a living trust.
Online living trusts let you create these legal documents from the comfort of your own home, eliminating the need for multiple visits to attorneys' offices and streamlining the entire process.
Another reason people are drawn to online living trust services is the cost factor. Traditional estate planning services can be prohibitively expensive, often with high attorney fees and administrative costs. By contrast, online living trusts provide an affordable alternative, letting you create a legally binding document at a fraction of the cost.
Regardless of your income status, it's important to save your family both time and money by getting things in order with a living trust. Not only will you be able to choose who distributes your property in the event that you become disabled or die, but you'll remain in complete control of all your assets in the meantime.
Another reason to take this legal step is to avoid bank issues, not have to wait on a judge, and protect your own privacy while ensuring that your assets are legally accounted for.
We'll be the first to acknowledge that end-of-life affairs are not fun to think about, let alone spend time taking care of. However, getting it over with will provide immeasurable relief for you and your loved ones and it's much easier than you'd think. There are fantastic online platforms that will walk you through all the steps to creating a living trust without spending hundreds of dollars. Real lawyers will verify the validity of your documents and ensure they meet all necessary legal requirements for a fraction of the cost you might find elsewhere.
Many online legal services have round-the-clock access to customer service agents who will make sure you're taken care of and confident with the process of creating your living trust. When deciding which company to use, take the following things into consideration:
Top Consumer Reviews has reviewed and ranked the best companies to help you create a living trust. We hope this information helps you take care of your end-of-life affairs without any stress or hassle!
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