When I first started thinking about estate planning, I honestly had no idea of what to ballpark for cost. You could have told me that it would cost $50 or $5,000 and I would have believed both. In truth, you can find estate planning solutions to fit both price points. And in some cases, you can even find solutions that won’t cost you a penny.

On average, attorneys charge between $100 and $300 per hour for estate planning services, so you can expect to pay upwards of $1,000 for a full-service solution according to estate planning expert and attorney, Andy Joyce.

Create A Good Will For Free

There are more than a dozen self-service tools available (check out my review of the best online will making tools), and even a handful of free options. If you’re looking for an estate planning service that won’t cost you a penny and will provide you with a comprehensive set of documents, there are three tools that stand out from the crowd.

Tomorrow

alt="tomorrow free will maker"

Tomorrow is by far and away the best free tool on the market. Joyce stated, “The contents of the will itself are very thorough. This will address all of the issues that were not addressed in some of the other documents I read— overall, 10/10.”

The user experience is great and it’s the only mobile-first tool on the market. Whether you’re looking for a one-stop solution, or something to serve as a starting point for your conversation with an attorney, Tomorrow is a great place to start.

Keep in mind that all the tools I reviewed are businesses, so they have to make money in some way. Tomorrow makes its money by trying to sell users on life insurance, so be prepared for some targeted selling throughout the process. It wasn’t obnoxiously in-your-face, and I thought it more than justified the quality of the experience and end result.

Time to Complete: 25 minutes

Overall Score: 20/20

User Friendliness Rating (1-10): 10

Attorney’s Will Quality Rating (1-10): 10

Free Will

alt="free will online will maker"

FreeWill is another great option, with a focus on charitable giving. FreeWill doesn’t charge for its services but instead it receives compensation by referring potential donors to charities they name in estate planning. Don’t be concerned about having your personal details revealed without permission— FreeWill asks first before reaching out on your behalf. The overall will creation process is very simple and easy-to-follow.

Some of the questions in FreeWill’s planning process were a little complicated, and the support options through the platform are more limited, so you might want to have an attorney look over your documents after you’re done.

Time to Complete: 25 minutes

Overall Score: 14/20

User Friendliness Rating (1-10): 7

Attorney's Will Quality Rating (1-10): 7

LawDepot

alt="lawdepot last will and testament"

If you want an easy and FAST estate planning option, then choose LawDepot. The company advertises that you can have a will completed in five minutes, and they’re not wrong. Because they are trying to make the process as painless as possible, the questions don’t get too deep into the nitty gritty. For that reason, it produces a more basic boilerplate set of documents but will more than suffice for basic estate planning considerations.

Time to Complete: Five minutes to complete a will; 20 minutes total when also completing the power of attorney and living will

Overall Score: 13/20

User Friendliness Rating (1-10): 8

Attorney’s Will Quality Rating (1-10): 5

What To Do After You’ve Completed Your Will

After you have your free estate planning documents you might want to have a lawyer look them over. Many of the services I reviewed offer both a PDF and Word version; if possible, opt for a Word format so you can easily make edits.

Remember, on average, you’ll pay $100 to $300 per hour for an attorney’s time, so budget that into your considerations. If you’re comfortable with your documents as-is, then sign them in front of two witnesses (one of which is ideally a notary), and file your documents in a safe place.

Related Articles

7 Questions To Ask Your Aging Parents 7 Questions To Ask Your Aging Parents
Best 3 Paid Online Will Making Tools Best 3 Paid Online Will Making Tools
What Is The Best Online Will Making Tool For Seniors? What Is The Best Online Will Making Tool For Seniors?
The Power of Attorney: What is It and Can it Be Useful for Senior Caregivers? The Power of Attorney: What is It and Can it Be Useful for Senior Caregivers?
Durable Power of Attorney: How it Differs from a Power of Attorney Durable Power of Attorney: How it Differs from a Power of Attorney
Advanced Health Directives and POLST: Practitioner Order for Life-Sustaining Treatment Advanced Health Directives and POLST: Practitioner Order for Life-Sustaining Treatment
How to Assume Power of Attorney/Guardianship How to Assume Power of Attorney/Guardianship
The Importance of the Estate Plan Review The Importance of the Estate Plan Review

Trending Topics

Home Camera: Monitoring an Elderly Loved One Home Camera: Monitoring an Elderly Loved One
With certification, Geriatric Care Managers hold a credential aimed at evoking confidence, confirming competence With certification, Geriatric Care Managers hold a credential aimed at evoking confidence, confirming competence
Solution to caregiver shortage comes with cost, but big upside covers it Solution to caregiver shortage comes with cost, but big upside covers it
Medical Technicians in Assisted Living Medical Technicians in Assisted Living
5 Easy Ways to Negotiate Assisted Living Costs 5 Easy Ways to Negotiate Assisted Living Costs

Recent Articles

Does Medicare Cover Mental Health Visits? Does Medicare Cover Mental Health Visits?
How To Talk to Your Vet About Pet Insurance How To Talk to Your Vet About Pet Insurance
What To Look for in Online Mental Health Sites for Seniors What To Look for in Online Mental Health Sites for Seniors
Finding Solutions In Affordable Memory Care for Independent Minds Finding Solutions In Affordable Memory Care for Independent Minds
Top 3 Pet Insurance Options for Seniors Compared Top 3 Pet Insurance Options for Seniors Compared

The material of this web site is provided for informational purposes only. SeniorsMatters.com does not provide medical advice, diagnosis or treatment;or legal, financial or any other professional services advice. Use of this site is subject to our Terms of Use and Privacy Policy.