Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Off Topic
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 15 years ago on . Most recent reply

User Stats

76
Posts
10
Votes
Debbie B.
  • Real Estate Investor
  • Hurst, TX
10
Votes |
76
Posts

Preparing a will

Debbie B.
  • Real Estate Investor
  • Hurst, TX
Posted

With all of the recent celebrity deaths and other events going on around me, it has really gotten me to thinking we should be prepared should something happen to me and/or my husband. I'm curious to know how many of you have a will. Would you recommend LegalZoom or is it worth the money to hire an attorney? Also, can you put a custodian for your child in a will? God forbid if something happened to both of us because we honestly have very few options for someone to raise our child should something happen. It suddenly scares me and I want to feel prepared.

Most Popular Reply

User Stats

1,821
Posts
446
Votes
Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
446
Votes |
1,821
Posts
Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
Replied

It really depends on your assets. If you don't have very much legalzoom or something like it might be fine. But if you have anything worth protecting or children to provide for don't be cheap, see an estate planning attorney.

States have different laws and, therefore, have different strategies that work best.

What it costs to do nothing is very high. States have provisions for people who die intestate (no will) and they usually aren't what you would want.

:cool:

Loading replies...