Errors in Estate Planning - #2 - Do It Yourself
There are many online forms and Will programs. Most are inexpensive. "Why should I pay a lawyer when all I want is a Simple Will?" In more than 35 years of practice, no one has asked for a Complex Will!
The truth is deciding what to do, and the best financial and tax choices, is far more difficult than the document preparation. It is not a matter of filling out a few forms. Thinking and planning is required. Similar to constructing a building, if the blueprint is for a ranch style home and you wanted a 2-story colonial, it does not matter how cheap the blueprint is. It does not meet your needs.
Avoid shortcuts. It is much easier to have your Estate Plan done right than have your heirs incurring the confusion and expense of a form document.
The truth is deciding what to do, and the best financial and tax choices, is far more difficult than the document preparation. It is not a matter of filling out a few forms. Thinking and planning is required. Similar to constructing a building, if the blueprint is for a ranch style home and you wanted a 2-story colonial, it does not matter how cheap the blueprint is. It does not meet your needs.
Avoid shortcuts. It is much easier to have your Estate Plan done right than have your heirs incurring the confusion and expense of a form document.
posted by Unknown | 3:53 PM
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