LegalZoom vs Incfile 2022 馃憯 Who Has The Best LLC Service My Honest Recommendation 馃敟 - YouTube

Channel: LLC Nerds

[0]
Online legal services can assist you in聽 resolving certain simple legal matters聽聽
[0]
without the need for an attorney. Today in this聽 review, I will be reviewing two of the best legal聽聽
[3]
services out there: LegalZoom and Incfile. I will first give a brief overview for both聽聽
[7]
companies and then I鈥檒l dive into the head-to-head聽 comparison of these two legal services聽聽
[12]
in terms of price, features, ease聽 of use, and customer service.聽
[15]
After that, I鈥檒l go through its pros and聽 cons and finally give my final verdict.聽
[20]
both inkfile and legalzoom offer legal聽 services online but they specialize in聽聽
[24]
distinct areas first click on the link in the聽 description or type this into your browser聽聽
[28]
it will take you to my special discount page where聽 you will get the best deal currently on offer inc聽聽
[33]
file started in 2004 assists with new business and聽 once established with company tax and compliance聽聽
[39]
legal zoom started way back in 1999. it is more聽 like a full service provider of legal services聽聽
[45]
they can assist you with new business information聽 and compliance just like ink file other legal聽聽
[50]
requirements such as preparing contracts and even聽 filing a trademark registration can be addressed聽聽
[55]
by them for more in-depth legal work they'll even聽 put you in touch with an attorney in their network聽聽
[59]
let's dive into a head-to-head comparison for more聽 specifics if you're looking for an online legal聽聽
[64]
service you'll most likely want to know about how聽 a particular service measures up in terms of price聽聽
[69]
features ease of use and customer service let's聽 see first who offers better monetary value beyond聽聽
[74]
the formation of your llc ink file and legalzoom聽 provide other business formation services聽聽
[80]
some features can be purchased separately giving聽 you even more pricing options for equivalent聽聽
[84]
services a file is less expensive than legal zoom聽 ink file will form an llc for zero dollars plus聽聽
[90]
state fees with no strings attached legal zoom聽 on the other hand charges 79 to set up an llc聽聽
[96]
obviously paying nothing is preferable to聽 spending ninety nine dollars for similar services聽聽
[101]
what gets inkfile an even better value is that聽 they incorporate more relevant points in their聽聽
[105]
llc creation plans than legalzoom here's a much聽 more detailed discussion about their pricing聽聽
[111]
inkfile has three tiers for business formation聽 services silver gold and platinum the silver tier聽聽
[116]
of ink file is absolutely free you just need聽 to pay state filing fees and covers the next聽聽
[121]
business day filing of registration paperwork聽 with the state a name availability check and聽聽
[126]
phone and email assistant the gold tier costs 149聽 dollars this covers company bylaws or an llc user聽聽
[133]
agreement minutes of meetings and form 2553 filing聽 that is if you want your business to be taxed as聽聽
[139]
an s corp finally at dollars the platinum tier聽 includes a company web page and domain name on the聽聽
[145]
other hand the economy plan costs 79 the standard聽 tier costs 329 the express gold tier costs 349聽聽
[153]
dollars with three tiers offered by legalzoom the聽 speed with which documents are filed and delivered聽聽
[158]
is what distinguishes the tiers all tiers of ink聽 file have guaranteed next business day processing聽聽
[164]
legalzoom processes formation papers in 7 to 35聽 business days overall ink file is less expensive聽聽
[170]
than legal zoom in forming an llc or corporation聽 and provides far more in terms of overall pricing聽聽
[175]
structure unfortunately legalzoom has been聽 widely chastised online for its aggressive聽聽
[180]
upselling tactics and lack of transparency in聽 pricing so i'm giving inkfile their first win聽聽
[186]
if you're focusing more on features let's see who聽 has a wider spectrum the operating agreement and聽聽
[190]
employer identification number or ein services聽 provided by inkfile are less expensive a la carte聽聽
[196]
than those provided by legalzoom and are also聽 included in their more premium business bundles聽聽
[201]
legalzoom no longer includes these essential聽 elements in any of its business creation packages聽聽
[206]
instead they are supplied in addition聽 to the charges of forming an llc聽聽
[210]
which means the price can quickly build up聽 so ordering legal zoom standard with an ein聽聽
[215]
operating agreement and registered agent services聽 would cost over five hundred dollars more聽聽
[220]
you heard me right because while they save聽 you ninety nine dollars compared to legalzoom聽聽
[224]
ink file offers substantially greater value a聽 year of registered agent service is not cheap聽聽
[230]
and adding this item to your legal zoom formation聽 package will cost you 299 dollars at that moment聽聽
[235]
the choice is simply between spending zero dollars聽 and spending 378 dollars inkfile also charges聽聽
[241]
a lot more functionality than legalzoom without聽 charging extra with any formation package inkfile聽聽
[247]
includes a full year of registered agent service聽 and a 30 minute business tax counseling which聽聽
[252]
legalzoom does not offer with that another win for聽 inkfile here's a quick question for you what is聽聽
[257]
your business that you're looking to form an llc聽 for let me know in the comment section below now聽聽
[262]
let's look at whose platform has more edge there聽 is one factor where these companies are even with聽聽
[267]
well-explained web pages both of them may save you聽 a lot of time and trouble the only disadvantage is聽聽
[272]
that legalzoom gradually introduces a slew of聽 add-ons that might significantly increase your聽聽
[277]
overall price unlike most companies legalzoom聽 does not allow you to start the application聽聽
[281]
by selecting a package instead you provide your聽 personal information first and proceed through a聽聽
[287]
series of quite expensive upsells before choosing聽 your formation package it's a little complicated聽聽
[292]
and it can lead to some very high prices by the聽 time you get to the package selection screen聽聽
[296]
ink file does have add-ons but they aren't quite聽 as overbearing or aggressive as they could be聽聽
[302]
when you sign up for ink file your steps are聽 customized based on the state you're creating聽聽
[305]
a business in and the business type you want to聽 start there are also small question marks and聽聽
[309]
hyperlinks scattered throughout the application to聽 help you learn more about a certain topic or form聽聽
[314]
entry there may be a few upsells and third-party聽 offers to consider but if you choose any of them聽聽
[319]
your listed cost is promptly updated on the screen聽 with ink file there are no surprises don't get me聽聽
[325]
wrong both online llc services are highly user聽 friendly with a straightforward design and easy聽聽
[330]
to use navigation features for business owners聽 inc file on the other hand provides a continuing聽聽
[335]
dashboard for their clients after they've launched聽 their business the dashboard serves as a single聽聽
[340]
store for crucial papers that the users can view聽 at any time following the formation of their llc聽聽
[345]
inkfile's ordering process is considerably聽 more easy and streamlined than legal zooms聽聽
[350]
especially when considering how the legal zoom聽 purchase forms appear to start at the end and go聽聽
[355]
backward by requiring you to select your add-ons聽 before deciding what you've added them to with聽聽
[360]
that inkfile's platform has definitely more edge聽 than legal zooms let's look now at how they handle聽聽
[366]
customer support these are both large companies聽 with huge support networks and as a result they聽聽
[371]
are both a little inconsistent with a company this聽 large some representatives may be more helpful聽聽
[376]
than others and legalzoom is no exception when it聽 comes to ink file the response times can be quite聽聽
[381]
substantial with wait times exceeding 24 hours at聽 times here are some of the ink file reviews from聽聽
[386]
trustpilot.com quick and simple also the dashboard聽 they provide makes it easy to stay up to date and聽聽
[392]
current on any business issues having to do with聽 the llc this company is definitely in my list of聽聽
[398]
trusted companies by now the services are quick聽 and provided in an extremely professional manner聽聽
[402]
allowing me to focus on my business the ux of the聽 online dashboard is clean and easy to understand聽聽
[408]
highly recommended here are some of the聽 legal zoom reviews from their website聽聽
[412]
i had never started a business before so legalzoom聽 was a perfect place to go it let me take my vision聽聽
[418]
for the company and make it a reality legally i聽 think too many people expect too much from this聽聽
[423]
company let's be clear when you do business with聽 legalzoom it's not the same as hiring an attorney聽聽
[427]
but for simple legal tasks it's hard聽 to beat legalzoom under great prices聽聽
[432]
on a good note customer service is one area聽 where legalzoom appears to be the clear victor聽聽
[436]
legalzoom's customer assistance is provided more聽 hours and reviews on platforms are more available聽聽
[441]
than ink file legalzoom outranks ink file because聽 it has more reviews on platforms like site jabber聽聽
[446]
for 661 reviews resulting in a 3.3 over 5 rating聽 their phone help line is also open 34 additional聽聽
[454]
hours a week including additional hours on聽 weekdays and on saturdays do you like the level聽聽
[458]
of detail i'm providing you in my review so far聽 if yes then make sure to let me know by liking my聽聽
[463]
video and hit that subscribe button for more high聽 quality content that i'll be releasing every week聽聽
[468]
now let's look at both legal zoom and ink聽 file strengths and weaknesses let's talk聽聽
[472]
about legalzoom first pros legalzoom provides聽 a money-back guarantee within 60 days purchase聽聽
[478]
most other online legal aid includes trial聽 periods but few are as long as this one聽聽
[483]
they also provide access to tax lawyers as well聽 as an animal business appraisal by a lawyer聽聽
[488]
both of which are things that most online legal聽 services do not give cons however their client聽聽
[493]
feedback is sporadic they have a 3.5 rating out of聽 5 on site jabber over half of their comments are聽聽
[499]
perfect 5 star ratings yet there is also plenty聽 of criticism customer support is inconsistent as聽聽
[505]
it is often the case with huge corporations some聽 people have positive interactions with their sales聽聽
[509]
people while others believe they're being taken聽 advantage of now let's take a look into inkfile聽聽
[515]
they are one of the most cost effective business聽 formation providers on the market with prices聽聽
[519]
starting at zero dollars plus state fees other聽 providers such as legalzoom have starting prices聽聽
[524]
as high as seventy nine dollars therefore ink file聽 saves you up to seventy nine dollars straight away聽聽
[530]
ink file has some extremely useful features聽 such as online storage for your formation files聽聽
[534]
and a customized dashboard that monitors聽 crucial dates and compliance notifications聽聽
[539]
these will assist you in staying completely up聽 to date in future state regulations cons although聽聽
[545]
many clients appear to be confused about how the聽 registered agent service would be extended after聽聽
[550]
the first year the website states that the first聽 year is free however clients who chose inc file聽聽
[555]
as their registry agent were unaware that they聽 would have to pay to change their registered agent聽聽
[560]
and that they would have to pay after the first聽 year lastly they have very poor customer reviews聽聽
[565]
a slow turnaround time and limited support options聽 final verdict inc file wins after conducting聽聽
[571]
extensive research on ink file and legalzoom i聽 will say that inkfile is one of the finest llc聽聽
[576]
services for beginning your business ink file聽 beats legalzoom with three category wins which聽聽
[581]
are the price features and ease of use this leaves聽 legalzoom winning the customer service category if聽聽
[586]
you want to save money appreciate stellar customer聽 service that is supported by excellent evaluations聽聽
[592]
and want to obtain speedy detailed online business聽 formation services inkfile is right for you on聽聽
[598]
their website there's also a learning section聽 with information on a number of issues such as聽聽
[602]
company license requirements annual report filing聽 schedules and online resources their prices are聽聽
[608]
more open and easy to find on their website聽 whereas legalzoom's price is more ambiguous聽聽
[613]
if you want a well-known brand continuous聽 legal services after the llc has been formed聽聽
[617]
and believe you may require regular assistance聽 and support for reasons other than business聽聽
[622]
you can consider legalzoom if you want more聽 details on legalzoom or ink file then i recommend聽聽
[627]
you check out these next two videos here where i聽 conduct an in-depth review and tutorial on these聽聽
[631]
two companies to see if they are right for you so聽 check them out and i'll see you in that next video