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This might be out of place here, but I can't find too many other forums with regular participation. My question is a legal one, so I'm sure there's some of you who can resolve my dilemma.
My husband and I are both in our mid-60's, but haven't made a will yet mainly due to his stubborness to be honest. I consulted a lawyer who said it would cost $4,500 for a will if we made one, however he said that I could make my own. I suppose it would cost half of that. We own a home and have a modest savings while he gets a pension, we both get SS and we both work part-time.
I've seen and heard many ads for businesses such as Legal Zoom. It seems simple and affordable, but how valid is it? Do they ask for personal information such as SS#, savings accts, etc? The other problem is that my daughter, who is the beneficiary, lives in another state, but doesn't have the time to keep coming in to oversee the will. I would like to give her my savings, which are around $40,000, instead of to my husband who basically own't need it. Do I need to have a lawyer here to work with her at a distance?
It's sound ideal, but does a self-made have the same merit as one made by a lawyer?