1. Wills and Trusts
When it comes to legal documents like wills, trusts and power of attorney, it
can be quite confusing if your filling it out on your own. Legal language is
very difficult to understand, and you might end up making an incorrect
choice because you misunderstood the section. Unless you have an attorney
in the family, it is highly advisable to use some kind of legal council, whether
its an attorney or an online service.
2. Last Will and Testament
A last will and testament can be a very scary and nerve-wracking thing to
write. You may not be sure that you have included everything, or protected
your family and your possessions from who ever may be trying to steal them.
Venturing into this on your own is a very daunting task. It is often advisable
to consult an attorney and to take advantage of the services they provide,
even if it is a little bit pricey. Another good option is to use an online legal
service like (http://en.wikipedia.org/wiki/LegalZoom). Although this will
require more work than going to an attorney, this will be much easier on your
wallet. Some services like LegalZoom even take it upon themselves to write
your will. All you have to do is fill out a questionnaire.
3. Power of Attorney
A power of attorney is a document that lets you appoint someone you trust
to make your important financial decisions for you, whether immediately or
only in the case that you cannot make these decisions yourself. Although this
sounds relatively straight forward, there are a lot of provisions and
customizations that you can make to your form that will save you hassle and
problems in the future. Since this document can impact your livelihood, and
the livelihood of your family, it is very necessary to have an attorney or legal
service at least look over this document for you.
