The Internet has made information more widely available than ever before. Online services also make it possible for many people to complete certain tasks and projects on their own–or at least, with a minimum of third-party assistance. Some companies have even gained popularity offering “do-it-yourself” legal services that purportedly allow you to make your own will or estate plan.
Is this really the best option for you and your family? While many people turn to DIY solutions because they think they are cheaper, estate planning is not the best place to look for discount providers who offer limited services. It is really not something you should try to do without professional assistance.
Keep this in mind: A will is not like a home renovation project. For example, let’s say you have a leaky faucet in your house. You might decide to try and fix it yourself, despite the fact you have no plumbing experience. In the worst-case scenario, you bust a pipe and need to call a plumber to deal with your flooded bathroom. If you make your own will and there is a problem with the document, odds are the mistake will not be discovered until after you are dead. At that point, the problem may not be fixable.
Here are some other things to consider before opting for a DIY estate planning service: Continue reading