There is much to consider when you are preparing yourself for the eventualities of aging. Serious minded individuals who want to leave nothing to chance are going to want to discuss all the details with a licensed estate planning professional. If you make uninformed assumptions and look for overly simplistic solutions, your family may wind up paying the price someday.
With the above in mind, you may have come across advertising campaigns that want you to believe that anyone can execute last wills, trusts, and other legal documents by utilizing a download off the Internet. Estate planning attorneys are always going to advise against this course of action because they are aware of the intricacies involved in drawing up legally binding documents.
However, the cynics out there may say that of course a probate lawyer is going to advise against anyone drawing up a last will without legal help.
These skeptics may want to reconsider in light of a recent study that was conducted by the highly respected magazine Consumer Reports.
This stalwart independent body has declared that self-service estate planning via Internet downloads is really not a good idea. They had a trio of legal experts examine last will documents that were created with online tools provided by three of the more prominent purveyors of do-it-yourself legal documents.
After listening to the expert evaluations, Consumer Reports stated that it is best to work with a qualified estate planning lawyer when you are interested in expressing your final wishes in writing.
This independent confirmation from such a widely respected organization should be considered if you are trying to decide if self-service estate planning is really a viable option for you.
- Generational Wealth is Key to Leveling the Playing Field - November 24, 2020
- Fair Isn’t Always Equal and Vice Versa - November 19, 2020
- Staying Current is Especially Important in the Pandemic - October 28, 2020