Haimo Law - Wills, Trusts, Probate, Business Planning and Asset Protection

Should you cut corners when it comes to your estate plan?

Should you cut corners when it comes to your estate plan?


 
Do it yourself (DIY) estate planning is not a very smart move. See the link below or click this link for a piece by Consumer Reports. There are many areas in life where you can save a buck, but this is not one of them. The stakes are just too high. DIY products are not guaranteed to meet your needs. In fact, they usually have a strong disclaimer to that effect at the end. They are just computer programs that ask a series of questions and spit out a document with your name on it.  Aside from not properly assessing your needs, the most common errors with these products occur in execution. Florida in particular has very stringent rules for compliance. As a result, an invalid will is no will at all.

Of course everyone’s natural rebuttal is that all estate planning attorneys would say that right? Well, that’s probably true and for good reason. My recommendation is for you to watch our videos and learn about the dangers of failing to plan and failure to execute valid documents. It won’t cost you anything. Then, take the time you need to plan ahead. Find a firm that is flexible and will work with you on whatever is holding you back (such as Haimo Law) and make sure it’s done right the first time.

http://news.consumerreports.org/money/2011/11/video-writing-your-own-will.html