If you have been putting off estate planning, you are not alone. A massive 68% of people admitted to have not made theirs yet, according to one survey.
One of the reasons survey respondents gave was not knowing where to start. So, it’s understandable that you might be excited if you come across a site offering wills you can create and download yourself.
The supposed cost was another reason respondents gave for procrastinating their estate planning. Once again, the low price of some DIY wills can make them tempting.
A DIY will is unlikely to be all you need
A DIY will can cover most of the bases for some people. However, they’d still need to add extra paperwork to ensure they account for matters related to any ill health they might suffer.
Many things come as a one-size-fits-all model, but everyone is unique. A sub-optimal fitting shirt might lose you a date. A suboptimal will could lose you thousands of dollars. Or it might lead to confusion over a matter that results in a family dispute at your funeral, or worse still, someone challenging your estate in court.
You cannot spot the potential flaws of an online will if you do not know what you are looking for. Getting legal help to customize an estate plan is far better than relying on a form you downloaded from the internet. Only someone with experience and knowledge of the variety of estate planning tools and strategies available can help you create a plan that takes into account your unique situation and provides a solution that does the best for you and your family.
