Did you know that there is an option to create living trusts and wills online? If you’re startled by the idea of meeting up with lawyers to create a trust or a will, creating one online is the best option. With the rise of technology, the legal field has been revolutionized, and services like Trust&Will and LegalZoom are headlining as affordable and convenient online legal solutions.
But with so many options available, the choice can be overwhelming! In this article, we’ll take a closer look at Trust&Will vs LegalZoom, two of the most well-known online legal services.
We explored the staple services of each platform, examined the pricing plans, and pinpointed the most noteworthy pros and cons so you could better understand the gist of both LegalZoom and Trust and Will.
Whether you’re looking for a will and trust attorney or need sound legal advice, this article is a must-read.
Trust and Will vs LegalZoom: A Brief Overview
LegalZoom offers an extensive range of legal services, including business formation, estate planning, intellectual property, and personal legal matters such as divorce, wills, and trusts. On the other hand, Trust & Will focuses specifically on estate planning services, including creating wills, trusts, and powers of attorney.
When it comes to price points, LegalZoom makes it possible for clients to choose different pricing packages for various services, often with a one-time fee. Prices can vary depending on the complexity of the service and additional add-ons. Trust & Will also do the same; they have pretty straightforward pricing without hidden fees and typically offer annual subscription plans.
Personalization-wise, LegalZoom provides standardized legal forms and templates that can be customized to some extent to fit your specific needs. However, the level of customization might be limited.
On the other hand, Trust & Will offers more personalized estate planning services. You’ll find interactive questionnaires and guidance to tailor the documents to your requirements.
Trust and Will vs LegalZoom: Most Notable Features
LegalZoom and Trust & Will are both great online legal services with some brand-specific features. One standout feature of Trust & Will is their quick and easy process for selecting the right legal product – you just answer a few questions and get a quote and document recommendations instantly.
LegalZoom is also a top competitor thanks to its impressive features, flexible price points, and reputation. The website is pretty user-friendly and covers a range of legal needs, including options for assigning children as estate beneficiaries, and specialized services for divorces.
For businesses, LegalZoom extends the LegalZoom Trademark to protect your business identity, and you also get a 60-day money-back guarantee and business legal packages.
In addition, LegalZoom is a highly reputable online legal service with an easy-to-use website that offers a wide range of legal services. They specialize in divorces, and according to positive LegalZoom divorce reviews. These are only some of the features that make LegalZoom a top choice for new businesses and private entities.
Trust and Will
In a nutshell, Trust & Will provides a simple yet comprehensive solution when it comes to writing one’s last will. The process itself should take no more than 20 minutes, depending on how much detail needs to be filled out. However, once you are done, you can easily rest assured you have taken steps towards protecting yourself against any unforeseen circumstances down the line while also ensuring peace of mind regarding what happens upon death.
Legal Zoom
Once your will is created, you can schedule a review with one of LegalZoom’s attorneys before finalizing and signing it. This adds to the overall credibility of the platform, making sure the decisions you draw are based on facts and are everything you want.
In addition, because LegalZoom’s platform and website are envisioned to be extremely user-friendly and intuitive, the document creation process is simple and streamlined. On top of that, LegalZoom puts forward an extensive library of online resources such as FAQs, legal articles, and forums, which are all super handy for better understanding the whole process of document creation, be it a will, a trust, or anything else.
Overall, LegalZoom’s Last Will Estate Plan Bundle is a great resource for those looking for professional legal guidance and support in creating their last will. Their network of attorneys can help you decide which documents are right for you, explain what each one does, and even review completed documents. If you have any estate planning questions, they’re here to help.
Trust and Will vs LegalZoom: Pros and Cons
It’s only fair to state that everything has its flaws and upsides, so both LegalZoom and Trust and Will are no exception. At the end of the day, what matters is that the pros outweigh the cons.
Creating online legal documents with LegalZoom is not only convenient, but it can also be surprisingly enjoyable. Plus, the entire process is fast and affordable thanks to LegalZoom’s competitive pricing. You’ll save a chunk of your budget compared to hiring lawyers who charge by the hour or visiting their offices for meetings.
And if you run into any questions or need more information, LegalZoom offers free brief consultations with their knowledgeable staff. They’re always ready to help you out!
Of course, like with any service, there are pros and cons to consider. Let’s take a closer look at them.
LegalZoom Pros
- A massive pool of services
- Established and trusted brand
- Cost-effective solutions with regular access to a lawyer
- Nation-wide coverage
LegalZoom Cons
- Lack of personalized legal advice
- Additional fees for extra services
Trust&Will primarily focuses on helping families create legal documents such as wills and trusts, and it excels in this area. Of course, like any service, there are both good and bad points to consider.
While Trust&Will is different from LegalZoom, it also offers some similar features. Here are some of its ups and downs as a service provider:
Trust & Will Pros
- Creates four key estate planning documents (not just a will).
- 30-day money-back satisfaction guarantee
- Has an exceptional customer support team that provides quick and accurate responses
Trust & Will Cons
- Doesn’t provide a standalone basic will option, only a package deal
- Unlimited document updates for members only ($19/year)
Other Pros and Cons
LegalZoom has an excellent customer support team with knowledgeable and patient agents that provide the best online support. They have a long and trustworthy history, and many satisfied customers vouch for their professionalism. However, their pricing plans are relatively expensive, and they have a slower turnaround time.
Trust & Will is a great alternative to LegalZoom, offering rapid will creation in just 15 minutes, which is perfect if you’re short on time. They will also send all completed documents and instructions free of charge, and their educational resource library is extensive. The site is user-friendly and easy to navigate.
In all fairness, Trust&Will may not be suitable for more complex situations as free consultations are not available.
Trust and Will vs LegalZoom: Key Features
When speaking of key features that are worth mentioning, we’ll start with estate planning and intellectual property issues. Trust & Will is more focused on estate planning, offering a sizeable umbrella of services. These are mainly designed to help individuals create personalized estate planning documents like wills, revocable living trusts, powers of attorney, and other essential estate planning documents.
Plus, Trust & Will’s estate planning documents are carefully reviewed and approved by experienced attorneys. This gives customers more confidence knowing that their documents meet legal requirements and align with the best estate planning practices.
LegalZoom can assist with intellectual property matters like trademark registration and copyright application. They offer guidance on the application process, conduct initial searches, and help protect your intellectual property rights.
One of the aspects that truly sets LegalZoom apart from other options is its online platform. The asset, which is maintained by attorneys, makes it easy to generate a state-specific, personalized, and convenient legal document you can rely on. Throughout the process, independent attorneys from their network are also available to answer any questions you might have about your estate plan.
In addition, LegalZoom is a great helping hand for entrepreneurs and small business owners to form their companies by guiding them through the process and preparing the necessary documents. LegalZoom assists with an array of business structures like LLCs, corporations, and partnerships and takes care of the paperwork and filing requirements, making the process easy and hassle-free.
Trust and Will vs LegalZoom: Cost Comparison
Creating a LegalZoom living trust is more expensive compared to their will creation options, as it requires more time and effort to build. You can get a basic will document for $89 or a comprehensive last will for $99.
LegalZoom’s Estate Plan Bundle is available at $179, while a Living Trust is priced at $279. However, it’s important to note that while the will option is cheaper, your loved ones may still have to face probate court, which can lead to delays and extra expenses.
On the other hand, Trust & Will offers more affordable pricing for creating a Guardian for $39, which can be done by creating a will for $159. A fully customized trust costs $599, which covers unlimited edits for 12 months. After that, you only need to pay $19 per year for limitless updates for wills and $39 for living trusts.
Ultimately, while LegalZoom’s costs for wills and trusts are lower, Trust & Will still has more affordable pricing for their services, particularly for creating trusts. So, it’s safe to say that the will and trust cost at LegalZoom is a little bit better, as is the overall LegalZoom pricing outline.
Which One Is Right for Your Business?
Both LegalZoom and Trust&Will offer significant benefits for their clients and engaging pricing plans. They are ideal for your legal issues and a handy tool for building and maintaining your businesses.
We have reviewed all of their features and pros and cons, and it seems in the battle Trust & Will vs LegalZoom, the latter is a better option for your business because it provides all the necessary documents and legal advice.
When we add that it is one of the oldest online legal services, you can close your eyes to their relatively expensive pricing plans, knowing that you get superior legal advice and help for your business.
Trust&Will vs Legal Zoom: Who Is Better for Wills & Trusts?
If you are after creating a will or a trust, it basically all boils down to specific requirements and personal preferences. When it comes to creating wills and trusts, both Trust & Will and LegalZoom have their fortes.
Starting with Trust & Will, we’d say the platform has a more hands-on, specialized focus and personalized approach to estate planning, while LegalZoom offers a more extensive selection of legal services and solutions that align with most budgets.
To make the right choice, you should consider the specific nature of your requirements as well as the level of customization and expertise you seek.
Trust&Will vs Legal Zoom: Which is Best for Business Formation?
Ultimately, the best choice between Trust & Will and LegalZoom for business formation depends on your specific requirements and preferences. Consider factors such as the complexity of your business structure, the need for additional legal services, and your preference for a specialized focus versus a broader range of offerings.
LegalZoom is a highly regarded online legal service provider that has been operating for many years. Their extensive customer base and longstanding reputation may offer a sense of reliability and trustworthiness.
Although estate planning is its primary focus, Trust & Will does offer some business formation services that may be appropriate for creating simple business structures or for individuals who want to establish a business entity as part of their overall estate planning strategy.
