Start a Business or an Estate Plan With LegalZoom at a Fraction of the Price
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Nothing compares to having an attorney by your side when it comes to important matters like starting a business or drafting a will. With that in mind, LegalZoom makes it easy to get expert legal assistance without the high attorney fees. Their financial and legal services give you access to a network of experienced attorneys at a fraction of the cost.
LegalZoom’s estate bundles and business formation services give you the steps and attorney guidance you need to cover all the bases — whether you have people to protect or are looking to start a business properly.
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LegalZoom’s estate bundles help you and your loved ones take care of your personal and financial end-of-life affairs so you can have peace of mind no matter what happens. In addition to providing you with all the documents you need to establish a will or trust, they also offer advice from their network of attorneys, so you have the guidance to prepare for any major life change. If you’re not sure which plan is right for you, keep reading — we have a breakdown of each plan.
Last Will Estate Plan
This plan features a last will and testament that allows you to choose what happens to your property and appoint a guardian for your children. You also get year-long assistance from an attorney who will answer all legal questions regarding your estate plan so you can feel at ease. This is recommended if you have young children or less than $150,000 in assets.
The Last Will Estate Plan also provides other helpful documents for end-of-life planning, including the financial power of attorney (POA), which allows you to appoint someone to handle your finances if you’re unable to do so. There is also a living will, which allows you to decide your end-of-life choices and choose someone to make healthcare decisions for you if you’re unable to. To make the planning process more forgiving, you also get unlimited revisions to your estate documents for up to a year.
Living Trust Estate Plan
The Living Trust Estate Plan offers the same features as the Last Will Estate Plan, including attorney assistance, a financial power of attorney and a living will, along with unlimited revisions to all documents related to your estate plan. This plan is best if you have multiple properties and assets, since it makes dividing them much easier for you and your loved ones.
The main difference between this plan and the Last Will Estate Plan is that it features a living trust instead of a last will. A living trust dictates how your assets (like property, money, and investments) are handled while you’re living and once you pass, while a last will only decides these matters once you’ve passed.
Living trusts also avoid court probate, which is a legal procedure where the court manages the way your assets are divided after you’re gone. While it takes more time and paperwork to transfer your assets into a trust, it may be worth considering if you have a sizable number of assets.
Business Formation for LLCs
When it comes to launching your business, forming an LLC (limited liability company) has major benefits. It ensures that your personal assets (like your house or investments) won’t be touched if your business has liabilities, including business loans, income taxes, and legal debts. You also get to choose how you’re taxed, so you have a chance to save some money once tax season comes around. If you’re planning to enter contracts, hire employees, or get business licenses, you can do all of those things with an LLC.
Depending on your needs, LegalZoom offers different LLC formation plans. If you decide that forming an LLC is the right move for your business, they can give you the support you need to make that process go smoothly.
The Basic Plan is great for first-time business owners looking to make their business official. For $0, plus the costs of state filing fees, LegalZoom gives you the essentials so you can form an LLC.
You’ll get the documents you need to officially register your LLC in your state, a name check to make sure your chosen business name is available, a welcome packet, and a customizable website to bring your business presence online. Once you’ve got the basics down in forming your LLC, you’ll be ready to launch your business.
The Pro Plan offers everything in the Basic Plan, plus extra features to ensure your business is operating in a compliant way. This plan is perfect if you expect your business to be up and running and need extra help making sure everything is in place so you can focus on the other aspects of running your business. It costs $249, plus state filing fees.
The plan includes an operating agreement to help you settle potential disputes, an EIN (employer identification number) for filing taxes and opening bank accounts, a guide to business licenses for your specific location and industry, and access to specialists regarding business insurance and taxes. You’ll even get a tax consultation from a small business specialist so you can figure out tax deductions and get your tax questions answered.
The Premium Plan includes all of the features of the Pro Plan, plus the guidance of a business attorney to bring you through every step as you form your LLC. This plan is ideal if you’re looking to make sure everything is taken care of on the legal end of business formation. It costs $299, plus state filing fees.
The plan allows you to choose a seasoned attorney of your choice based on state, years of experience, and rating. You’ll also get a three-month subscription to unlimited 30-minute consultations with your chosen attorney to tackle legal topics related to your business. With this plan, LegalZoom covers any charges to your LLC formation documents within the first 90 days. This plan includes an attorney review of your legal contracts and documents, so every part of the LLC formation process is supported by professional legal help.