#RichLifeLawyer Show 049: Downside Of Do-It-Yourself Estate Planning Services
I was having a meeting with a potential client the other day and he told me an interesting story.
He was asking me about the benefits and consequences of using a service like Legal Zoom to prepare estate planning documents.
I told him what I think is the truth, “they are terrible,” I said. “But they are the right fit for some people.”
At that point we kind of moved on in our conversation to other things.
Eventually we swung back around to estate planning and he asked me what I thought he should do.
I asked him some questions about his family, his finances, and his goals, and recommended he do a basic will package.
He asked me the price and I told him. I couldn’t believe what he said.
“Really! That is great! I was about to spend $2500 on Legal Zoom!”
How Could an Estate Planning Lawyer be Cheaper than Legal Zoom?
That is the question you are probably asking yourself right now.
And the answer is simple.
My guy didn’t know what he needed to accomplish his goals and he was about to purchase way more stuff than he needed to.
Because what he really needed was far less, the price was far less.
Now, is my fee for this package cheaper than Legal Zoom?
And the reason for that is quite simple. Legal Zoom doesn’t give you what you really need: advice on what to do in your specific situation to reach your specific goals.
Give Legal Zoom a shot, or any other do-it-yourself estate planning services if you want. And if you want it done right, give me a call.
P.S. Don’t forget to check out my free ebook: “7 Estate Planning Mistakes Every Family Needs to Avoid.” It’s packed full of helpful information to help you get everything you want out of life (and after life).
Christopher Small is a Seattle estate planning lawyer who helps people get rich and live forever. He is also the owner of CMS Law Firm LLC.