Nov 062014
 

There are a lot of do-it-yourself legal websites available.  And they are very appealing to a lot of people.  You can create an LLC for $159, or draft a Will for $99.  So, why should you hire an attorney when you can do it simply and easily, and for a lot less money?  Your situation is simple, isn’t it?

A website provides no personalized service.  There is no one advising you, based on your situation and your circumstances.  And no two people or families are the same.  There are different needs and different goals when it comes to estate planning.

An estate planning attorney will sit down with you and discuss your goals, similar to a financial planner.  A “simple” situation may be more complex that you think.  Do you have fiscally irresponsible parents that may need to be taken care of financially in the event something happens to you?  But you also want to make sure your children receive the bulk of your assets?

A website will not help you decide the best person to serve as your Executor, nor will it encourage you to name an alternate.  A website cannot help you work through a variety of situations.

What about the unique needs of blended families?  A married couple who each entered a marriage with children, who then have more children together, will have planning needs that cannot easily equate to a formula found on a website.  Custody and guardianship are concerns.  There are also financial concerns to ensure everyone’s needs are met.

The internet has made our lives much easier.  However, easy is not always the best method.

 November 6, 2014  Posted by at 5:33 pm No Responses »