Based on a question-and-answer format, this online software includes the ability to create a:
- Revocable Trust
- Financial Power of Attorney
- Advanced Directive / Durable Power of Attorney for Healthcare
I’m not sure how this compares to a more established legal service like LegalZoom which I had considered using up until now (I used them to incorporate my side business), but they charge about $70 for a basic will. I would think that this SuzeOrman option might be an acceptable temporary solution for those with very simple estates. However, for those who have enough assets to actually require a revocable trust, hiring an attorney would be worth the extra cost.
As for the advanced healthcare directive or power of attorney, I think that this could be useful at least to get the discussion started on what your wishes are with your family if you do become incapacitated.