Considering Do-It-Yourself Estate Planning? It is not something I would recommend for anyone considering whether they need a will. Among the reasons why you might want to consider an attorney, rather than a do-it-yourself estate plan are: estate planning attorneys have special expertise to draft a plan specific to your needs; estate planning attorneys can advise clients on the options (to include those you might not have considered or known) and help work through the emotional decisions such as choosing a guardian for your children; if there is a ever a dispute, an estate planning attorney would be better suited to explain the testator’s intentions; an estate planning attorney can assist with tax issues that might not be readily known by a do-it-yourselfer; and lastly, the money saved by doing it yourself may not be nearly enough to offset the costs associated with fixing a mistake that could have easily been avoided.
Do-It-Yourself Estate Planning?
September 3, 2013 By