This LegalShield study was conducted on August 10, 2022. People can experience a sense of peace and feel confident about the future with our help." It protects your assets and ensures your family and those you care about are taken care of. "A will is one of the most important documents you need. "Contrary to what people think, creating a will doesn’t have to be costly or time consuming," says Keri Norris, Chief Legal Officer of LegalShield. LegalShield law firms have an average of 22 years of experience and with laws differing in each state, members get access to local lawyers to assist with their family’s legal needs, including their partner and children. With LegalShield, members can have a Will drafted and receive annual updates by their provider lawyer for only $29.95/month. Most lawyers charge an average of $1,500 to draft a basic will and estate plan. Only 13% of respondents who don’t have a will believe they don’t need one.Įach of these problems and misconceptions can be solved by connecting with the right lawyer and law firm. Factors like cost (14%) or needing a lawyer (22%) play a strong role as well. The majority don’t know where to begin (39%) and plan to create a will or trust when they’re older (35%).
To better understand why so many are without a will, LegalShield took a deeper look at respondents’ reasoning. Knowing this, it was surprising to find that only 41% of the general population surveyed self-identified as having a will. Despite the affiliation wills have with mortality, respondents went as far as to say that they make them feel peaceful (40%), confident (37%), and empowered (26%) when asked to identify all of the emotions wills illicit.
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