Companies offering a DIY trust and will are everywhere, promising quick and affordable solutions. But when it comes to protecting your loved ones and securing their futures, estate planning convenience can come at a high price. Here’s why.
Don’t get me wrong: forms are great. If you tried to create every trust and will from scratch, it would take forever, cost an arm and a leg, and probably miss something. Forms have tried, true, and tested language.
So why, you might ask, are electronic forms troublesome?
Among other things, DIY tools may not consider:
- State-specific laws that could impact your will.
- Complex family dynamics, like second marriages or children with disabilities.
- Tax implications that might cost your heirs in the future.
No two situations are alike. While online offerings get you into the stadium, they don’t guarantee you a good seat. What online vendors just can’t offer are solutions to your unique situation, and this is where mistakes can happen. Online wills and trusts buy you documents; hiring an estate planning attorney buys you documents and gets you a proper outcome.
Some lawyers think online wills are the best thing since sliced bread. Why? Because when mistakes are made, it can take a fortune to fix them. They call it an annuity for future fees.
Your family deserves more than a one-size-fits-all approach. Let’s talk about how a custom plan can give you peace of mind, protect your assets, and safeguard your loved ones. Schedule a free short consultation today and let’s get started!
