What is DIY?
Do-it-yourself (DIY) has become a popular trend for those who have the time to learn and apply skills for a variety of projects, including making an estate plan. This is possible because the internet makes learning materials available to anyone who needs them. But, when choosing to DIY for your own estate plan, you need to be aware of the downsides.
Internet DIY Tools
There are many DIY websites to create an estate plan such as LegalZoom, Nolo, and LawDepot. These websites offer programs which allow you to draft Wills, Trusts, and a variety of other legal documents with a few clicks. They offer low rates, but with low rates comes the question of product quality.
These tools can save some money, but, you need to ask yourself if these documents will actually be effective, or will they be detrimental to your goals with your life and post-death when presented before the court for verification?
These cheap and fast option may cost you everything you have worked for. You would wished that you should have taken a proper set of estate planning documents executed by an experienced attorney. This can assure you that your money is worth it and that everyone you love and everything you own is well protected.
Professional Estate Planning Advice
When it comes to legal documents, details reign supreme, and they will be the focus of your essential documents. DIY tools can only create documents based on information that you provide. But, human memory can sometimes fail us. People can forget to add or remove certain information that may affect the whole document.
An experienced estate planning attorney has met with several clients and understands what their clients need. Their experience allows them to ask the right questions or simply to remind their clients of situations that they want to include.
If you are interested in creating a durable and effective estate plan, please schedule a consultation with our firm so you don’t miss any important details in your planning!