Regardless of the number of assets you have or how old you are, estate planning is vital for every individual who wants to protect their assets and loved ones. However, starting the estate planning process can be daunting – especially if you are considering doing the process on your own. Since estate planning is more complex than you may realize, doing it on your own can be problematic.
Why You Shouldn’t Create Your Estate Plan Alone
The purpose of an estate plan is to have legal documents that clearly explain your wishes after you pass away or if you are incapacitated. An estate plan allows you to choose beneficiaries and protect your loved ones once you are gone. The danger with creating an estate plan on your own is not knowing if you made mistakes on your documents.
Unfortunately, estate planning mistakes are often discovered after the person has passed away. To avoid these issues, it is best to have an experienced estate planning attorney on your side who can guide you through the process and ensure that your estate plan will achieve your desired results. An estate planning lawyer can also help with unique and complex cases, such as:
- Create an estate plan for those who have out-of-state (or foreign) property or assets
- You want to disinherit immediate family members
- You have a blended family (such as step-children)
- You have a family member with special needs
- You receive care through Medicaid
- You want to set up any type of trust
- You are married by have separate property / assets
Creating a will online is not the same as having an attorney create a comprehensive estate plan. Find out why in our blog post here!
Get Legal Guidance Today!
You don’t have to go through the complexities of starting an estate plan alone. Our team at Crain & Wooley has more than 15 years of experience in crafting comprehensive estate plans. Our team can work with you to formulate the perfect plan, thereby achieving your goals and leaving an intentional legacy. We can answer any questions and ensure that your estate plan is set to protect you, your assets, and your family.
Contact us today at (972) 560-6288 to schedule a consultation!