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      June 19, 2019

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Legal Zoom vs Nolo

To help you find the Best Living Trusts, TopConsumerReviews.com provides you with an in-depth comparison of Legal Zoom and Nolo.

To see ALL of our reviews for the Best Living Trusts, please Click Here

Get Your Living Trust with Legal Zoom Today! A living trust is a term that we hear now and then, related to a person's assets and how they will be divided should that person pass away. A person can create a living trust at any adult age, and know that should the inevitable occur, their home, bank accounts and investments will be pass on to their loved ones without the intervention and delays associated with a court proceeding.

A living trust is a legal document that is often created by a trust lawyer. Involving a traditional attorney can cost thousands of dollars and take months to finalize. However, a number of online legal document companies exist today that allow people to create their own living trusts for just a fraction of the cost of hiring an expensive attorney.

Continue reading below reviews

Best Reviews

2019

Living Trust Reviews

5 stars
Legal Zoom

LEGAL ZOOM Visit Site

Cost:

Starting from $249

TopConsumerReviews.com Best-In-Class Blue Ribbon Award Many of us are familiar with LegalZoom from their commercials. They are a big name in the world of do-it-yourself legal documents, and have built an excellent reputation serving customers who are looking for expertise and guidance without the cost of an expensive lawyer. LegalZoom holds an impressive A+ Better Business Bureau rating.

With LegalZoom'[s assistance, we were able to create a Living Trust, from the convenience of our home and without expensive lawyer fees. The questions asked during the process of creating a living trust were easy to understand. For those people that need additional clarification or have questions, additional information is easily accessible.

Another bonus of working with LegalZoom is that a lawyer will review your finalized document prior to sending the final version back to you. Very few living trust services offer this ability. It clearly provides the piece of mind that many people want when creating their own DIY legal documents.

The price of preparing a living trust is a little more expensive at LegalZoom, but that takes into account the cost of having a professionally trained lawyer review each document:

  • Basic - $249. This gives you a personalized living trust, based on your responses to their in-depth questionnaire. You also receive state specific requirements, joint and individual trusts, the option to name guardians for children, and more.
  • Comprehensive - $269. This includes expedited servicing, an email copy, and a 30 day trial to their Legal Advantage Plus program.

All of the legal documents purchased at LegalZoom include their $50,000 guarantee should they have made a mistake. This gives yet another peace of mind that your living trust will be created professionally and accurately.

While some people may opt for a cheaper solution, LegalZoom delivers a complete living trust at a price far below that of a traditional lawyer. Combined with their guarantee, attorney review, and thoroughness, LegalZoom earns our highest rating when it comes to creating a living trust.

Visit Site

2.5 stars
Nolo

NOLO Visit Site

Cost:

$59.95 one-time fee

Nolo is a do-it-yourself legal website that offers consumers a way to process legal documents without the expense of hiring a lawyer to write them. With Nolo you can create your own trademark, file for a patent, and create bankruptcy paperwork among many other legal documents. This review will focus on the living trust service.

The living trust page on the Nolo website is very simple,but perhaps a little too simple. There is a brief statement encouraging folks to create a living trust, and then a section outlining what you get with the service. The problem is, the list is very short and just says "name beneficiaries, avoid probate, and much more."It also indicates that you trust have access to the living trust for one year.

Below that is a FAQ section that outlines what a living trust is and contains a whole list of information about living trusts. There is a lot of information here, and much of it is very helpful. But we weren't too keen on the way it was presented and thought it could be confusing for someone who didn't have any knowledge of living trusts at all.

Moving on to the creation of the living trust itself, we navigated to the "get started" page and were disappointed to find that there is only an option to purchase the online form. With Nolo you must purchase the form for $59.95 in order to even get started. This is in contrast to other Living Trust providers who allow the user to create the living trust first, and then choose to pay for it based on a list of prices for various options.

Regarding the cost, Nolo offers only one option; it is $59.95 to complete the trust and have access for it for one year. This is a lot more costly than some of the other online living trust providers we have reviewed, particularly if someone wanted to renew for more than one year, the cost would be prohibitive.

Nolo is a well-known legal document provider with an A+ rating from the Better Business Bureau. It's entirely possible that many of their services are top notch, we just don't feel their living trust service is up to par with what other companies have to offer.

Visit Site

Continued from above

Before choosing a do-it-yourself living trust provider, you should consider the following important elements:

  • Information. Does the website thoroughly explain a living trust?
  • Website Functionality. Is the website professional and helpful in walking you through creating a living trust?
  • Guarantee. Does the living trust company back the accuracy of their forms and the information they provide?
  • Cost. How does the cost of creating a living trust compare to similar companies?

TopConsumerReviews.com has reviewed and ranked the best Living Trust services available today. We hope these reviews help you create a living trust that you can feel confident with!

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