Preparing a Will? We Can Help
Are Do-it-Yourself Wills a Bad Idea?
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A Will is one of the best ways of making sure your wishes are executed. Wills contain the specifications of how your estate should be distributed, and can outline how and who cares for your dependents. These decisions revolve around the most important aspects of your life, and careful consideration of your situation should be paid.
But what happens if you don’t have a Will in place at the time of death? If there isn’t a Will in place, the state court can ultimately decide who gets what of your property, working from the top of the family tree, down. If you’ve drafted a Will on your own using a home kit, making sure it is filled out correctly is important. Many states are not flexible with Wills compliance, and the smallest error on your Will can render it invalid.
What Are the Dangers of Do-It-Yourself Wills
Do-It-Yourself Wills kits are popular choices for those wanting to save some money. They’re generally inexpensive and can be completed at any pace; however, these kits often contain heavy legal jargon and can be more complex than anticipated, which can often lead to errors. An invalid Will can result in a Probate Court administering your estate and deciding how your assets should be distributed.
Wills are documents that need to be changed with every life changing event, such as marriage or divorce. A Do-it-Yourself Will can’t remind you of this, and many people pass with outdated information on their Will, and their possessions go to unintended parties.
Working with an Estate Planning Attorney:
Working with a qualified Estate Planning Attorney to draft your Will can have tremendous advantages. An Estate Planning attorney can help make sure your Will is drafted in accordance to your state laws, reducing the chances of error on your Will. An attorney also reminds you to update your Will, and can ask the proper questions to ensure that the right people get their inheritance.
Find out more about Wills and home kits in our free report, “Dangers of Do-It-Yourself Wills and Living Trusts.” You owe it to your estate and your family to download this free report. This report teaches you: