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Old 05-19-2014, 03:38 PM
 
Location: Sierra Nevada Land, CA
8,389 posts, read 9,134,430 times
Reputation: 13025

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Quote:
Originally Posted by tarajane2013 View Post
Has anyone created a will online ? Is it legal and above board ? I don't have the money to have a will done by an attorney. Input appreciated..P.S. It would be a super simple will...
You don't need to do it online. Just write one out saying who gets what when you die. Sign it get it witnessed by two people and keep in a place where it can be found after you die.

Hand written wills are valid in most states. My wife is an estate planning attorney.

And like others have said, if your estate is of any size, get a trust set up to avoid probate. On a 300K estate $1500 spent today will save your estate $15,000 (more or less) in probate fees.
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Old 05-19-2014, 04:41 PM
 
71,471 posts, read 71,652,652 times
Reputation: 49058
now that is some of the worst advice yet . anyone who does that is asking for headaches. it is hard enough to get the verbage right when attorneys do it.

nothing is ever a problem until it is a problem.
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Old 05-19-2014, 05:34 PM
 
5,822 posts, read 13,310,108 times
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We have everything in trust accounts (including house),which was advised by our attorney, set up in advance (at least 5 years) of possibility of needing Medicaid.

If you don't have a large estate i.e. no real estate, portfolio, etc. a simple will can suffice. Those posters who have inherited estates and large portfolios would require a more detailed will.
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Old 05-19-2014, 06:35 PM
 
71,471 posts, read 71,652,652 times
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the problem is you never know whether you will die with a large or small estate. an accident, wrongful death, medical malpractice suit etc etc can all bring money in to an estate that had none. nothing beats doing it right the first time around.
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Old 05-19-2014, 09:09 PM
 
Location: Baltimore, MD
3,745 posts, read 4,214,395 times
Reputation: 6866
I still don't have a will nor do I need one. Yet...
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Old 05-20-2014, 01:25 AM
 
71,471 posts, read 71,652,652 times
Reputation: 49058
can you put me in it when you do.
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Old 05-20-2014, 05:42 AM
 
676 posts, read 745,042 times
Reputation: 403
So you know when you are going to die ? Let us in on your secret.
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Old 05-20-2014, 06:18 AM
 
Location: Baltimore, MD
3,745 posts, read 4,214,395 times
Reputation: 6866
Quote:
Originally Posted by tarajane2013 View Post
So you know when you are going to die ? Let us in on your secret.
Is this directed to me? I have had thoughts of taking myself out if old man Alzheimer's decides to visit, but that's not the point.

If I die without a will, my property will be distributed according to Maryland law. Maryland law mandates that my property be distributed equally among my children. It's all good.
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Old 05-20-2014, 07:05 AM
 
4,649 posts, read 6,477,998 times
Reputation: 5394
People should update or think about their Estate plan on a yearly basis. There are some events that can invalidate a Will depending on the state such as just moving to a new state, having kids, maybe a divorce. I'm not an Attorney but from some readings these issues have come up.

Then there the health care and POA's. People get in accidents all day, everyday. Then for the person who has to or tries to make health care or financial decisions for those documents become real important. If you don't make your personal wishes known your respective state has a plan in place for you.

Now as for getting the Will done you can get it done for under $20.00 a month with the help of an Attorney. Oh yes one more thing. Single people should also have an up to date Will because God forbid if you kick off someone is going to have to settle your estate. Any legal binding document should be reviewed by an Attorney. Look at those do it yourself kits and they will say the document should be reviewed by your Attorney.
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Old 05-20-2014, 08:09 AM
 
Location: middle tennessee
1,924 posts, read 987,556 times
Reputation: 6929
let's speak frankly.

we already know a little about the OP's estate because she has discussed it here. Something relatively simple seems doable.

My will concerns providing funds for the person who has agreed to give my dog a home and empty my apartment. I simply want to die with as little inconvenience to others as possible.

Health directives are addressed elsewhere.

Realistically, I won't care who gets what once I'm gone.

I am comfortable with my handwritten document. I would also be comfortable buying and using a form, from the internet or elsewhere, that was specific to my state.

If you make it yourself, what do you do with it after you make it?
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