DIY this and DIY that. In today’s day and age, the DIY craze is in full effect.
And while this can be fun for some activities, such as home improvement projects, it’s something to steer clear of when estate planning.
DIY estate planning sounds like a good idea for many reasons. Not only can it save you time, but you don’t have to consult with an attorney, thus saving yourself money.
However, if you go down this path, you could find yourself making mistakes or facing challenges that you never even considered.
Here are just a few of the many issues associated with DIY estate planning:
- No professional guidance: Sure, you may be able to put together a basic estate plan, but without professional guidance and feedback you don’t know what you should and shouldn’t be doing.
- Mistakes are lurking: It only takes one mistake to sink your estate plan and cause your loved one’s trouble upon your death. Do you really want to take that risk? When you consult with an attorney, these mistakes never come into play as they know the law inside and out.
- No one to answer your questions: Even if you have a basic understanding of estate planning and what it entails, you can expect to have questions. If you don’t have an attorney to talk to, you could end up making a poor decision.
Despite the growth in popularity, there are more disadvantages than benefits when it comes to DIY estate planning.
Rather than do this, consult with an experienced estate planning attorney who can ask you key questions, provide the feedback you need, and help you create all the legal documents that will give you and your loved one’s peace of mind.
Contact us today to discuss our services and your estate planning needs.