Legal Documents on the Cheap

We all know how important it is to have a will and other important documents, but are yours up to date? We recently re-did ours, and in a way that might work for you. If your situation is uncomplicated, like ours, I can recommend US Legal Forms. It's a way to get your state-specific forms online, fill them out yourself, and then you get them notarized.

Right now, if you go to www.uslegalforms.com/dave (because of Dave Ramsey), you can get your state-specific will form for $15. They also have a combo pack, which includes your will, your living will, and a power of attorney, for $29. You don't have to buy a separate one for each person, as you download the form and can modify it as you see fit.

Keep in mind, if you are worth a lot of money, and/or have dependent children, you might need an attorney rather than going this simple way. On the other hand, if you don't have anything and aren't going to spend the money on an attorney, this would certainly be better than nothing.

Also, it's a good idea to have an inventory of your assets, life insurance, etc. I've heard so many stories of children having to search through their parent's house and piles of paper trying to find the documentationt they need to process the estate. Make it as easy as possible on your kids/spouse/relatives!

By doing nothing, you're just giving money away to attorneys, the government, etc. Do something!