Top positive review
44 people found this helpful
on April 12, 2011
I should start by saying that I administer a trust already, so I'm familiar with how trusts work. But I think that even for someone unfamiliar with trusts, this is a do-able way to go. I was able to use this software to write a trust in a matter of a couple of hours. I loaded the CD into my computer. The software gives you a list of questions (like the names of your children, etc.). The software provides tips and explanations on the side. I had started with all my info already researched -- who the executor would be, beneficiaries, assets, etc. Putting that together and talking with my husband and others about it had taken more time than actually feeding the info into the software's "questionnaire."
After answering the questions, the software creates your trust document for you. I exported it into a Word doc (or Rich Text?, not sure). The resulting document was missing a few things that I wanted, which I was able to research in NOLO's book "Make Your Own Living Trust." I did what the "Willmaker Premium" warned me strenuously not to do -- modified the text in M/S Word. But I felt safe in doing so because of my familiarity with trusts. I think that having both resources -- the Willmaker software and the NOLO book -- was helpful. The book gave me more understanding. I wrote our wills (if you have a trust, you still need a will) using the M/S Word doc from the NOLO book. Both resources are excellent and both have software that allow you to write both a trust and will. But I'd recommend getting both if you're interested in more in-depth understanding.