It's at least a checklist and covers stuff you should be thinking about but may not have thought of (even if not financial such as the Thoughts section).
For instance, my wife and I need more videos of us and not just the kid. If something happened to me tomorrow I would love it if my wife could show him videos of me when he gets older.
I agree that maybe the site needs a disclaimer that getting a lawyer is better but for some isn't a generic form better than nothing? Not a lawyer either so not entirely sure about that.
For the videos, you two might want to record some of your stories and values. If you have iPhones, I've built an app that guides you through it -- http://www.oakvideos.com
For instance, my wife and I need more videos of us and not just the kid. If something happened to me tomorrow I would love it if my wife could show him videos of me when he gets older.
I agree that maybe the site needs a disclaimer that getting a lawyer is better but for some isn't a generic form better than nothing? Not a lawyer either so not entirely sure about that.