Is My Online Will Sufficient?
No. Many people look to the internet when preparing estate planning documents, like wills and trusts, but this can set you up for disaster.
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Online wills are often ‘one size fits all’ documents that don’t account for your particular situation. Sometimes, they don’t account for the current laws in your state.
These documents may not even be legitimate and can lead to issues and misunderstandings among family members, tax losses, expensive probate proceedings, and disputes that last years after death.
By their nature, wills must go through the probate system. This is costly and does not guarantee that your wishes will be followed.
Meeting with expert estate planners is the only way to protect your interests and have the best documents tailored to your needs.
Online estate planning may not even offer the correct document or documents. A website may direct you to use the wrong documents, or may not offer an extensive package of the complete documents you need for your situation.
Online documents are also often limited in their scope. This means that you can’t adequately plan for your needs.
When your future is at stake, you need to have the correct documents in place to protect your wishes. Your powers of attorney need to be complete and accurate.
If you have children, it is essential that you have appointed their guardian and planned for their future.
Online estate planning can have preset language that is in opposition to your wishes.
If you’ve utilized online estate planning, contact our office today so that we can revise your documents and make sure that your family, assets, and wishes are planned for and protected.
Contact us today to help you get the right documents in place or to update your current estate plan.
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