Cheap Quicken Lawyer 2003 Wills (Software) (Windows 95, Windows 98, Windows NT, Windows 2000, Windows Me, Windows XP) Price
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| PLATFORM: | Windows 95, Windows 98, Windows NT, Windows 2000, Windows Me, Windows XP |
| CATEGORY: | Software |
| MANUFACTURER: | Nolo Press |
| TYPE: | Computer software (programs), Legal, Law States, Personal Improvement, Self Help, Personal Finance (Financial), Invest (Investment) |
| MEDIA: | CD-ROM |
| # OF MEDIA: | 1 |
| UPC: | 093371378953 |
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Customer Reviews of Quicken Lawyer 2003 Wills
Solid and User Friendly, Great for Straightforward Situation BOTTOM LINE: Quicken Lawyer Wills ('QLW') is a great, low-cost alternative to hiring a lawyer to prepare your will, which will run you a minimum of several hundred dollars. It takes just minutes to prepare a will, but its legal manual/support resources are extensive enough for those that want to spend much more time understanding the what/why behind their document.
QLW is published by Nolo Press, a well established publisher of self-help legal books. When creating a will, the software creates all of the legal language for you - you do not write a single word of legalese - and docs are tailored to each state's requirements. To get information from you and have you make decisions about the content/structure of your documents, QLW follows the typical "interview" format - easy to use and informative along the way. My wife and I each created wills in literally 20 minutes (but you probably have to put a bit of forethought into it, especially if you are married).
PROS:
-Ease of use: idiot-proof interview format
-Legal help: good offline manual, good resources at Nolo website
-Clear execution information: tells you exactly how to execute the will
-Address book: enter a person's info (i.e. you spouse) and don't need to enter again in other parts of same doc
-Ease of use for married people: prepare one spouse's will and QLW has a function to flip the names to create the other spouse's will without starting from scratch
COMPETITORS: Kiplinger and Broderbund also publish estate planning software but I've had a chance to look at them (pre-installed on my computer when I bought it) and I'd stick with Quicken.
GET A LAWYER IF: While QLW functions well as an advisor, guiding you through the specific provisions within a will, it has its limits and is candid enough to admit it during the interviews/tutorials. Get a lawyer for situations like: you expect to owe federal estate taxes ($1.5 million limit in 2003 and going up rapidly), you own a small business or you expect to have a messy family situation upon death (i.e. an ex-spouse or children that don't get along) or live in a community property state.
THINK ABOUT QUICKEN LAWYER PERSONAL: If you have the sense to prepare a will and are in a life situation to start preparing a will, you probably could stand to have a few other basic estate planning documents like a living will/healthcare directive and a power of attorney (especially if you're married). So for a few bucks more, I might check out Quicken Lawyer Personal instead which will do all of this plus prepare a will for you (see my review of Quicken Lawyer Personal for more info).