You may have come across online websites and portals that allow you to draft a will online. That may seem like an inexpensive way of getting an estate plan in place, but you may miss out on many critical aspects. A will is just one part of your estate plan. You need a bunch of estate planning documents that will ensure all contingencies are taken into account. If you are under the impression that hiring an attorney for estate planning is expensive, you should know that the overall costs depend on what you own, if you have a blended family and other aspects. Here’s why hiring a lawyer is so necessary.
You can see the full picture
A Will only comes into the picture when you die. You could benefit from a trust where you can place your assets and ensure that these assets don’t go through the probate process. An estate planning lawyer can guide you on all important tools and documents that are relevant to the plan and how you can ensure that your wishes are honored.
You can avoid common mistakes
With an estate lawyer on your side, you can be assured that your estate planning documents are updated and in sync with state and federal laws. A DIY approach is never a good idea, especially if you are someone who has never handled matters concerning estates and inheritance. Readymade forms and documents are often prone to lapses, which may mean that these papers may not be enforceable at the right time.
You can get customized advice
Do you have a lot of assets that you inherited after your marriage? Do you have a blended family? Do you have people who are dependent on you? Are you dealing with an ugly divorce and need to change your estate planning documents? Your lawyer can advise on the situation as needed – something you cannot expect from online services. You will have an expert who will offer all the assistance you need to protect your interests and get things done in the right way.
You can save on taxes
There are ways that you can legally use to save on estate taxes. An attorney can guide you on all that and more, and they will also ensure that you have the support you need.
Check online for top-rated estate lawyers near you now, and don’t forget to schedule an initial consultation to gauge their experience.