Consumer Reports recently evaluated the efficacy of online Do It Yourself websites. Here is a snippet of the results:
For a fraction of what you’d pay a lawyer, websites such as LegalZoom, Nolo, and Rocket Lawyer can help you create your own will, power of attorney, and other important legal documents. But can they really save you a visit to a lawyer?
We recently evaluated those three services. Using their online worksheets or downloads, we created a will, a car bill of sale for a seller, a home lease for a small landlord, and a promissory note. We then asked three law professors—Gerry W. Beyer of Texas Tech University School of Law, who specializes in estates and trusts; Richard K. Neumann of Hofstra University, a contract specialist; and Norman Silber, an expert in consumer and commercial law at Hofstra and Yale—to review in a blind test the processes and resulting documents.
The verdict: Using any of the three services is generally better than drafting the documents yourself without legal training or not having them at all. But unless your needs are simple—say, you want to leave your entire estate to your spouse—none of the will-writing products is likely to entirely meet your needs. And in some cases, the other documents aren’t specific enough or contain language that could lead to “an unintended result,” in Silber’s words.
Read more specifics here.