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OUR SERVICES
LawLaw Ai Doc Generator
It's 2024, you no longer need an expensive, time consuming attorney to create wills, trusts, and prenups for you! LawLaw Ai will guide you through a series of questions and in seconds generate a state-specific, legally valid document. Fill out our questionnaire and get a preview of all the following documents. Purchase the ones you want or a package that fits your needs.
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Living Trust - $169
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Living Trust with Marital Trust - $189
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Asset Protection Trust - $699
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Last Will and Testament - $29
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Last Will and Testament with Guardian for Minors - $29
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Waiver - $29
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Prenup - $69
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Power of Attorney - $29
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Medical Power of Attorney - $69
PowerTrust (RLT) Package $199
Our #1 package is our PowerTrust. It includes your will, your revocable living trust, power of attorney documents, a comprehensive user guide, unlimited editing and optional free professional help from an advisor! Get your PowerTrust today!
PowerTrust Plus Package $499
Our PowerTrust Plus package includes your will, your revocable living trust, a Medical power of attorney, durable general power of attorney, and a comprehensive user guide, This package also includes unlimited edits and free professional support which makes it out best value!
Protection PowerTrust Package $999
Our Protection PowerTrust package includes your will, an irrevocable asset protection trust, a Medical power of attorney, durable general power of attorney, and a comprehensive user guide, This package also includes unlimited edits and free professional support as well.
YOUR JOURNEY
Save Money And Time
Save money and your sanity with our collaborative process and same-day download.
24/7 access. 100% stress-free. Edit your documents in the future.
Completely Online
No attorney office visits needed. Our all-in-one platform guides you through different scenarios to meet your state specific legal document needs.
Complete your documents and protect your future on your timeline — without ever leaving your couch.
What is a PowerTrust RLT
(Revocable living trust)?
And why do you need one?
Invest in your future the way the wealthiest Americans do by using a RLT to protect you and your family! An RLT is an entity that can own your assets.
Revocable:
It can be changed or revoked at any time by you!
Living:
You control the RLT and any accounts, assets and income owned by the trust while you are living.
Trust:
The entity that protects you and your family, allows your family to avoid probate court, and provides you maximum privacy.
The SECRET to generational wealth that all Americans should know
Benefits Of An RLT
The benefits include avoiding probate and the costs of probate court, flexibility, control and privacy.
AVOID PROBATE
Probate is the legal process of transferring your property when you die. Having an RLT avoids probate, allowing assets to be transferred to beneficiaries immediately, bypass court, and take precedent over wills. Without an RLT, your family would have to hire expensive lawyers to present your assets to the court, making them public. A judge then determines who your assets are transferred to. The process can take years and cost your family thousands.
REDUCE FAMILY STRIFE AND CHALLENGE
An RLT will avoid stress on your family during the grieving process by eliminating their requirement to go to court to receive their inheritance. Its a plan of your exact expectations, ensures continuity and avoids challenges of your wishes. Without and RLT, your family or others could disagree making the process expensive, lengthy and stressful.
FLEXIBILITY & CONTROL
Probate is the legal process of transferring your property when you die. Having an RLT avoids probate, allowing assets to be transferred to beneficiaries immediately, bypass court, and take precedent over wills. Without an RLT, your family would have to hire expensive lawyers to present your assets to the court, making them public. A judge then determines who your assets are transferred to. The process can take years and cost your family thousands.
SEPARATE ASSETS ARE PROTECTED
This is especially useful for couples married, who own assets separately. An RLT helps clearly define assets from combined assets. Without an RLT, your assets become joined.
PRIVACY AND PROTECTION
RLTs are the best option for people who want their assets and debts to remain private after their death. Without an RLT your will is subject to the Probate process which will make your assets a matter of public record with Probate Court, available for anyone to see.
SEPARATE ASSETS ARE PROTECTED
An RLT helps grow the wealth you have accumulated and continue to grow it for multiple generations. You decide if you want withdrawal limits, charitable donations, emergency provisions, investment opportunities and more for generations to come! With the help of a financial planner you can use your trust and other tools to reduce estate taxes after your death.
Without an RLT you cannot properly prepare the next generation responsibly.
Compared To Our Competition
Why We're #1 Compared To Probate
With the Power LawLaw Trust
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No court dates
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No lawyers
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No fees
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Privacy
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Peace of Mind
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Instant Asset Transfer
Going Through Probate
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Scheduling Court dates
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Hiring busy and expensive lawyers
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Court fees, estate fees
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No privacy, public record
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Grieving period
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Takes 18 - 36 months
Our Clients Say
"LawLaw was the easiest site to navigate out of all the online doc sites ! And it really was the best price .... other sites reel you in and then add fee after fee"
Mindy, (Power Trust)
The LawLaw PowerTrust Package Provides You With Both A Will And An RLT As Well As Additional Protection Documents.
1
WILL
Helps dispose any assets not in trust and designates a representative and guardian for any minor children.
+
2
RLT
The centerpiece of your estate plan with distribution provisions and probate avoidance.
Use our Free Probate Calculator to see how much probating your estate could cost your family!
Free Probate Calculator
I am a legal resident of
My zip code is
My home is worth approximately $
My investments and savings total about $
When I die my life insurance will total $
My mortgage debt currently totals approximately $
My other debts total about $
$0000
If you died in the near future, probating your estate would cost between
This is the total value of all of your assets.
of your net worth.
00
which is about
Probate in
2 years.
KY
Generally takes
Want to avoid these cost?
Create your Power Trust (RLT) today for $199!
Frequently Ask Questions
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Why do I need a will?You need a Last Will and Testament so that your desires are followed after your death. If you have no will when you die, state law will determine who is appointed to probate your estate, care for any minor children who were in your custody, and decide who receives your home and other assets.
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Why should I use a living trust?A Living Trust, also called a revocable living trust (RLT), acts like a Last Will and Testament but probate is not required for assets titled in your living trust prior to your death.
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What is probate?After you die, you are not able to sign your name on documents to transfer title to your assets to those to whom you'd like to leave your home and other assets. Probate is the court-supervised process of empowering an executor or administrator to pay debts and distribute assets.
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How much does probate cost?At a minimum, estate's lose 5% of the gross value of all of the assets that you leave behind, which is generally a much higher percentage of the net value of your probate estate. For example, if you leave $900,000 of gross value with a $425,000 mortgage and $25,000 in other debt, the minimum probate expense will be $45,000, which is 10% of the net value. A living trust avoids all of this.
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Can my Last Will and Testament be probated without an attorney?Yes. However, most executors retain counsel to handle probate, not realizing that with education and time invested, they can save your estate a considerable amount of money. Lawyers will receive at least 5% of the gross value of the estate for handling the probate. Even executors who choose to handle probate without a lawyer are generally awarded 5% of the gross value of the estate for doing the work. Yet, the work involved usually only justifies a reasonable fee well under 1% of the gross.
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How long does probate take?In rare cases, probate can take as little as 6 months, but the national average is 18 - 24 months. Most state's require a minimum probate length of one year to give creditors and claimants time to make claims against your estate. A living trust avoids all of this.
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Who should I choose as the executor of my Last Will and Testament?You should choose an individual or business that you trust to carry out your plan after you die with the most efficiency and integrity, and at the lowest cost without sacrificing quality and care.
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Who should I choose as the alternate trustee of my Living Trust?You should choose an individual or business that you trust to carry out your plan after you die with the most efficiency and integrity, and at the lowest cost without sacrificing quality and care.
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Who should I choose as guardian for any minor(s) in my custody upon my death?You should choose an individual whom you trust to care for and raise your children in a manner similar to how you raised them.
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Can I add one or more back-up executors in my Last Will and Testament?Yes. During the first 90 days after creating your documents, you may edit your documents on our platform at no additional charge. After 90 days, LawLaw charges only $29 a year for unlimited lifetime editing and secure document storage.
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Can I add one or more back-up alternate trustees?Yes. During the first 90 days after creating your documents, you may edit your documents on our platform at no additional charge.
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Can I add one or more back-up guardians in my Last Will and Testament?Yes. During the first 90 days after creating your documents, you may edit your documents on our platform at no additional charge.
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How does a living trust avoid probate?A living trust, also known as a revocable living trust (RLT), avoids probate for those assets titled in the trust prior to your death. So your home's deed needs to be in your trust, along with your bank account(s), investment account(s), vehicle title(s), and all of your other assets. Because probate is so lucrative for attorneys, most of them will not want you to avoid probate. Many of them will charge you to prepare a living trust but do nothing to help you know how to re-title your assets into your trust so that you actually avoid probate.
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How does my living trust hold title to assets?Your living trust holds title using the following format: [name of trustee], Trustee, of the [name of your trust], dated [date that you signed your trust]. This language is used in deeds, bank account ownership documents, financial institution account ownership documents, vehicle titles, life insurance ownership and/or beneficiary documents, and all other documents that control ownership of assets.
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I want to see an example of how to hold title in a living trust.If Jane Doe obtains her living trust from LawLaw, serving as her own trustee during her lifetime, and naming her trust: The Jane Doe Living Trust. She signs the document on August 15, 2024. When Jane has completed the funding of her trust, her home, bank account, investment account, and vehicle are all owned by: Jane Doe, Trustee of The Jane Doe Living Trust, dated August 15, 2024.
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How do I transfer my home into my living trust?Your home is transferred into your living trust by preparing and signing a deed of gift that transfers the title to your home from your name into your trust.
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How do I transfer my accounts into my living trust at my bank(s) and financial institution(s)?You can obtain transfer of ownership documents from your bank(s) and financial institution(s) online or at a local branch. Using the form provided, you will use the trust titling format (name of trustee, name of trust, date of trust) to indicate that your trust is the new owner (transferee).
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How do I transfer my vehicle title(s) into my living trust?You can transfer your vehicle title(s) by re-titling them through your DMV into your trust (name of trustee, name of trust, date of trust).
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What is a general durable power of attorney?A power of attorney grants an individual or business the power to act on your behalf. A general power of attorney usually allows your attorney-in-fact, the person you appoint in your power of attorney, to act on your behalf in most if not all matters. A general durable power of attorney allows your attorney-in-fact to act in your behalf after you have become legally incapacitated.
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Who should I choose to serve as my attorney-in-fact in my general durable power of attorney?You should choose an individual or business that you trust to act exclusively in your best interest, following your wishes as expressed, and using good judgment to act for you when your wishes are unknown.
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What is a medical power of attorney and declaration of living will?A medical power of attorney grants an individual or business the power to act on your behalf regarding medical decisions about your health care that you are unable to make on your own due to a temporary or permanent incapacity. A declaration of living will deals with decisions of life and death involving life support options, intravenous feeding, and hospice care.
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Who should I choose to serve as my attorney-in-fact in my medical power of attorney and declaration of living will?You should choose an individual whom you trust to honor your wishes and exercise good judgment considering your personality, faith, and over-all objectives--those expressed in your document as well as those that may not be expressed in writing, but are consistent with what you've included in your document.
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Do I need to worry about estate taxes?Until the end of 2025, unless the law changes prior to that date, individuals with estates valued at $13,600,000 (gross value including the face value of life insurance after death) pay no estate tax. Individuals with estates over that amount pay a 55% estate tax on all value above that amount. Starting on January 1, 2026, the $13,600,000 exemption drops to $5,490,000.
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How do I avoid overpaying estate taxes?For married persons (only) who die and leave money to their surviving spouse, tax credits are lost (up to an exemption amount of $13,600,000) unless elections are filed in time with the IRS. To avoid the possibility of missing election filing deadlines, a marital trust may be used to preserve the tax credits. LawLaw has included a marital trust in its over taxation package as part of the living trust document.
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Are there ways to avoid overpaying estate taxes without a marital trust?Yes. LawLaw's Asset Protection Trust is designed to avoid paying estate taxes. It works well for unmarried individuals. It's primary purpose is to avoid liabilities due to litigation and claims not covered by insurance. However, it equally protects assets from estate taxes.
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How does an Asset Protection Trust work?So long as you choose an independent trustee who remains independent, the assets that you move into your Asset Protection Trust are no longer subject to future claims made against you. Therefore, if claims exceed your insurance coverage, or are otherwise not covered by insurance, all of the assets in your Asset Protection Trust will not be subject to those claims.
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Who should I choose to serve as trustee of my Asset Protection Trust?You should choose an individual or business that will remain independent yet pay attention to your needs. If you choose a close family member or friend, the IRS will likely contest your trustee's independence. Anyone can be independent, but certain persons are presumed by the IRS to be subject to your control (like your spouse, your brother, your sister, your best friend, your attorney, etc.). The document requires your trustee to remain independent but the IRS will look at whether your trustee is truly acting independently or simply doing what you ask the trustee to do. Courts will use the same standard that the IRS uses when considering whether or not the assets in your trust are safe from claims made against you.
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What is a pre-nup?A pre-nup, also called a pre-nuptial agreement, is a contract signed by individuals intending to be married to each other. It governs the rights of each party as to property ownership and spousal support. It cannot address child custody nor child support as those matters are reserved to the courts.
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What is a marital agreement?A marital agreement is a contract signed by individuals who are married to each other. It governs the rights of each party as to property ownership and spousal support. It cannot address child custody nor child support as those matters are reserved to the courts.
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Who should use a pre-nup or marital agreement?Contested divorce has become so expensive and emotionally draining that more and more people are choosing to use a pre-nup prior to marriage, or a marital agreement following marriage, to protect each other from attorneys and courts. Every engaged and married couple should use a pre-nup or marital agreement to protect against divorce attorneys and judges who do not care for your family.
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How are the LawLaw pre-nup and marital agreement documents designed?The LawLaw pre-nup and marital agreement documents contain the same language. They are designed to apply to those who either are, or will be, married. They are designed to avoid any and all issues regarding spousal support and property division that can end up in litigation. They do not address custody of minor children nor child support because courts will not enforce contracts on those issues. They are intended to maximize the parties control, as opposed to giving control to divorce attorneys and judges. The parties have control over the terms of the agreement, and over how property is owned and acquired during their marriage without state laws interfering with their intentions. A signed agreement will allow both parties to pursue their own respective careers without risking losing ground to expensive litigation or oppressive court orders.
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Do I have to disclose all of my assets and income prior to signing a pre-nup or marital agreement?Yes. A pre-nup or marital agreement is not legally enforceable without full disclosure of all assets and income prior both parties signing the agreement. The disclosure must be done in writing and made part of the agreement.
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Can I have an attorney review my LawLaw documents?Yes. Some of our users order their documents and sign them so that they have a plan in place. When they have the time and money to work with a lawyer, they have the lawyer review their documents. Most lawyers will charge a reasonable fee to meet with you and look over the LawLaw legally enforceable, state-specific documents, perhaps asking questions that may prompt a few modifications to your plan. However, there are also desperate lawyers who are willing to be dishonest about enforceability and suitability questions in order to justify replacing perfectly good documents with new, expensive documents.
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Can my spouse and I execute a joint Last Will and Testament?No. A will must be designed for an individual, and signed by him or her alone.
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What should I do with my original Last Will and Testament?In most situations, the original will is required for any probate of assets in the name of the person who has died. The original should be kept in a bank safe deposit box or a fireproof home safe. LawLaw offers secure document storage for signed copies of legal documents for $29 a year (which also includes monthly reminders and law updates, and platform-based document editing at no additional charge). Your executor should be provided with a copy of your will, or at least have the ability to access a copy of it easily upon your death.
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Should I use a joint revocable living trust?Attorneys have created joint revocable living trusts for married couples. These have generally worked well under certain circumstances, and not as well under others. LawLaw offers separate living trusts for every individual, whether married or unmarried. Married individuals may design their living trusts differently: some will want reciprocal plans, others will not. LawLaw offers a substantial discount for a married user designing a reciprocal plan for his or her spouse. In the event that your spouse's plan is not reciprocal, you may place a separate $99 order that will produce the documents needed for your spouse's plan.
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What is a reciprocal Last Will and Testament? What is a reciprocal plan (estate plan)?A reciprocal estate plan is somewhat of a mirror image plan. For example, if Jane Doe creates a will and living trust on LawLaw for herself that leaves everything to her spouse when she dies and after her spouse's death leaves everything to their two children, she may, with a single button on the site, also create a will and living trust for her spouse that leaves everything to herself when her spouse dies and after her own death leaves everything to their two children.
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What about jointly owned assets? Which trust should they be transferred to?Jointly owned assets may continue to be owned jointly. For example, a married couple may continue to own assets jointly with their respective living trusts each owning as tenants in common, or jointly with right of survivorship. In the event that a married couple wishes to maintain the protections that the law may afford them by owning real estate as tenants by the entirely, their trusts should hold deeds in escrow to be recorded only following death.