August 3, 2012
Study finds that quality of on-line wills lacking
A study conducted by Consumer Reports magazine concluded that wills prepared by on-line services are generally better than documents drafted by lay individuals but "unless your needs are simple--say you want to leave your entire estate to your spouse--none of the will-writing products is likely to entirely meet your needs." Thus, consulting a lawyer is important, especially in more complex situations.
See Legal DIY sites no match for a pro, Consumer Reports, Sept. 2012, at 13.
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Until the organized bar permits lawyers (specifically, estate planning lawyers) to directly solicit prospective clients (instead of sitting at their desks and praying for referrals or engaging in expensive mass advertising), these types of half-baked, pseudo-legal services will proliferate. Oh, I forget, lawyers are too "professional" to do exactly what the insurance industry permits its agents to do. If insurance agents were similarly restricted, very few people would have the financial protection at competitive pricing available to them.
Posted by: Michael R. Loveridge, JD | Aug 3, 2012 7:40:41 PM