"Michael Ellis used a lawyer to make a simple will when he was young.
And as Mr. Ellis, now the chief executive of Information Systems International, entered into business partnerships and investments, he realized that his basic will was no longer sufficient for his more complex financial life.
But instead of going to a lawyer who might have charged him tens of thousands of dollars, Mr. Ellis, 56, turned to an online service and created a new will himself.
“It was simple,” he said. “You want to take care of people, but also the causes in life you’ve cared about.”
Mr. Ellis used a site called FreeWill (freewill.com), which begins the estate planning conversation with options around charitable giving. But there are many online competitors, including Rocket Lawyer and LegalZoom, that offer services to create estate plans for little or no money. Some offer a lawyer to talk to free of charge.
Submitted September 16, 2018 at 01:26PM by Are_We_There_Yet1f https://ift.tt/2NftQ4Z
