The majority of American adults are going through life without estate plans, even though most people that reply to surveys say that planning is important. Since there is so much procrastination, there is a temptation to create your own estate plan to get it out of the way. This makes sense on the surface, and a lot of people roll up their sleeves to undertake DIY projects. However, you have to know where to draw the line, and you really shouldn’t take on some tasks that are better left to the … [Read more...] about Five Reasons You Need a Lawyer to Plan Your Estate
DIY estate planning
We are conditioned to think that we can do just about anything on our own with some type of tool that we obtain online. This mentality extends into the estate planning realm, because there are websites that sell generic legal documents of all kinds, including simple wills and trusts. Why would people rely on these sketchy “solutions” that sound too good to be true? The popular website Caring.com conducts research on an ongoing basis to gauge the estate planning preparedness of American … [Read more...] about Can I Get My Estate Plan Online?
People often make estate planning errors that yield negative consequences. In this post, we are going to look at three of these common mistakes in an effort to raise awareness. Do-It-Yourself Estate Planning The websites that sell generic, boilerplate legal documents contend that you can plan your own estate using their worksheets and downloads. This can seem like a simple, affordable solution, but there are reasons why you may want to consider before you go this route. There are various … [Read more...] about Avoid These Three Estate Planning Mistakes
Far too many people harbor misconceptions about various aspects of the estate planning process. Unfortunately, in many cases, they wind up making uninformed decisions that yield negative consequences. In an effort to spread awareness, we will debunk some of these myths here. You can plan your own estate using tools that you get off the Internet. There are websites that sell boilerplate legal documents. They provide some instructions, and you fill in the blanks on a template. The contention is … [Read more...] about Estate Planning Myths Vanquished