A lot of individuals think of a last Will when they hear the subject of estate planning mentioned. However, utilizing a last Will as your sole vehicle of asset transfer may not be the best choice and when you are making preparations for the future there are other things to consider beyond the transfer of financial assets.
In fact, there are many different legal instruments utilized in the field of estate planning and the right combination is going to vary depending on the specifics of each situation. This is why you should be very wary of claims that are made by Internet marketers about how easy it is to plan your own estate.
Yes, someone could conceivably provide you with a template last Will document and you could fill in the blanks. Whether or not it will be legally binding in the state of Connecticut is anybody’s guess, and this document is probably not going to cover all of your planning needs optimally even if it was to be deemed valid.
Personalized attention is extremely important if you want to go forward with an estate plan that suits your needs impeccably. The truth is that it is not that time-consuming or expensive to do the right thing and retain legal counsel. Estate planning is done for the benefit of those that you love, and it is not something that should be entrusted to a generic document that you downloaded off the Internet.
To obtain expert guidance, simply take a moment to pick up the phone and arrange for a consultation with a Hartford CT estate planning lawyer.
Mr. Nirenstein is licensed to practice before the courts of the State of Connecticut and the United States District Court. He is a member of the Connecticut and Hartford County Bar Associations, and the Estate and Probate, Elder Law, Business Law and Real Estate Sections of the Connecticut Bar Association.
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