Quicken Will Maker Software
Written by Christopher J. Berry, Esq. on November 4, 2008 – 12:05 pm -David Goldman, a Jacksonville estate planning attorney, and the author of the Florida Estate Planning Lawyer Blog, wrote a great article on his thoughts regarding Quicken Software to prepare your estate plan titled Using Quicken to prepare a trust: The good, the bad, and the ugly! You can read his article here:
http://www.floridaestateplanninglawyerblog.com/2008/10/using_quicken_to_prepare_a_tru.html
He really makes some great points. This same analysis can be applied to any of the Do-it-yourself estate planning software, such as Suze Orman or any others. In conclusion David writes:
There are many mistakes in the Quicken documents, most disturbing might be some of the things that are not included in a Quicken trust. Quicken gives none of the flexibility to a trust that make it useful for the common person. A trustee under a Quicken trust could not do anything without creating liability to a beneficiary because by default they must act as a prudent trustee. If you have a trust created by Quicken 2009, 2008, 2007 or a previous version, you should have it reviewed by an estate planning lawyer.
Posted in Estate Planning, Living Trusts |
