The best value in estate planning software is Quicken Willmaker Plus 2012. This do it yourself software allows you to make a will, living will, power of attorney for finances, and other estate planning documents. If you want to name a guardian for minor children, leave instructions for final arrangements, name a caregiver for pets, and leave other instructions for handling your estate, Quicken Willmaker Plus 2012 allows you to create the necessary documents in the privacy of your own home. It includes many estate planning forms such as a last will, advance health directive, financial power of attorney, and executor checklist.
Quicken Willmaker Plus 2012 received extremely positive reviews from users. While there are other software packages available for making wills and other estate planning documents, it is the preferred choice. If you are going on a trip or need to make your estate planning documents today for any reason, Quicken Willmaker Plus 2012 is available for immediate download.
When using Quicken Willmaker Plus 2012 to make estate planning documents, the book Plan Your Estate, is an excellent reference guide. It provides essential estate planning information, such as examples of different estate plans, guidance on how to handle specific estate planning issues, estate tax information, etc. Plan Your Estate is also available for Kindle.
Before making any changes to your estate plan, consult an attorney licensed in your state. There are many reasons why using an estate planning lawyer is preferable to making your own will, living trust or power of attorney. Even if you plan to prepare your own documents, talk with an attorney first about your unique circumstances so you are informed about important legal issues that may impact your estate plan or have serious ramifications for your heirs and beneficiaries. See finding an attorney.
Living Trust Software
If you want to prepare your own form of revocable living trust, the Living Trust Maker is the preferred software. For anyone on a tight budget, it provides the forms necessary to create a living trust for less than $100.00.
The Living Trust Maker can be used to create a living trust whether you are married or single. If you have minor children, you can include provisions for subtrusts to hold property for children. If you need to change your living trust, this software provides the forms needed to revoke the old trust and make a new living trust.
If you plan to use this software to make a living trust, it is best to review a guide to living trusts first. Make Your Own Living Trust, by attorney Denis Clifford, is an excellent book to use in conjunction with any living trust software. It explains important steps you need to take to give effect to your living trust, such as transferring title to property to the trust, also known as funding the trust. If you execute a living trust document but do not properly transfer title to your assets, the property in your estate will pass through probate, not according to the terms of your living trust. This is a critical step often missed by people who make a living trust without an attorney.
Another key step covered in Make Your Own Living Trust is how to make a backup will or pour over will. This is a type of will used by individuals who have a living trust. Your will should be consistent with the plan of distribution outlined in your living trust.
Before making a living trust, do your research to ensure you need one. While a living trust may be an excellent way for you to avoid probate and protect the privacy of your family, there may be other estate planning methods better suited to your specific objectives. Review a comprehensive living trust guide, such as Make Your Own Living Trust, and consult an estate planning lawyer about your unique circumstances before making a living trust.
Quicken Willmaker Plus 2012 allows you to create essential estate planning documents on your computer and take them to a notary for execution. If time is a factor, you can download the software at purchase and complete your will, living will, and power of attorney in one day. Also recommended if cost is a major concern.
Living Trust Maker is a trusted product for creating living trust documents at home. This software should be used with a companion reference guide such as Make Your Own Living Trust.
H & R Block At Home Premium and Business is tax software for preparing tax returns for estates, trusts, and several types of businesses. Features tax calculator for determining cost basis of inherited property and gifted assets. Recommended for executors, trustees, and small business owners.