Suze Orman questions
Her “Wills and Trusts kit” she says contains “all the estate planning documents you need”. “It’s like having your own financial planner and personal trust attorney at your fingertips, what type of attorneys are the ones that prepare the forms, some states you must have a notary on and some you cannot, is this something that is provided to a person from state to state. She states that the information provided is of general nature and for specific advice does this mean you need to see your attorney. Yet the CD allows the buyer to produce legal documents, which to me is “very specific”. The instructions also say to take the forms that are produced to your attorney for review. People purchase the kit because they believe the kit is a way to get out of paying for legal advice, does this have any kind of insurance if a person is provide or given information that does not apply in that state, they will be compensated. Estate planning documents can be very complex, can they assure a person that this will replace legal forms that are prepared by an attorney. The layperson has no way to understand the potential legal problems with faulty or incomplete documents. Notary block on each document can change from state to state and can be incorrect for certain states and it would be illegal for a notary to notarize such a document. If I was to use this CD for the Wills and Trusts, are they assured to be good for a non-contested estate or a contested estate? I just need assured that the forms will be LEGAL and hold up in any court no matter what state.
, the documents are legal in every state however anyone can contest a legal document. They can claim the person signing the document was incapacitated, pressured or there was a mistake.
Even an attorney cannot guarantee that a will will hold up in any court in every state.
This product is best for someone with a relatively simple estate where the heirs generally agree on who inherits what. For complicated estates, it would be better to enlist the help of an estates attorney.
For instance, my brother and I were in total agreement as to the splitting of our parents’ estates when they died. There was no disagreement which was fortunate as neither had a will.
My roommate, on the other hand, is going through an issue where his father had a will, but one of his siblings is contesting it. As a result, he is being forced to spend $400/hour for an estate attorney to deal with the issue.
Your best bet is to consult your own attorney. You probably should not place your faith in a will-planning kit sold on a shopping channel.
judiwonder, this product will not replace legal council. I’m sorry but I’ll have to reach out to the buyer’s to answer your last question. I probably won’t hear from them until tomorrow but I’ll post the answer here.
Posted in Customer Service
03.21.16 7:51 PM