Preparing one’s own estate planning documents through an online legal document service can be a risky proposition since estate planning contains many nuances, often addresses complex and technical points of law, and covers a broad range of issues even if a person does not have substantial assets. As stated in the disclaimer on its website, LegalZoom and its services are not a substitute for the advice of an attorney; it does not apply the law to the facts of a particular situation, and the information on its website is not guaranteed to be correct, complete or up-to-date.
An attorney experienced in this area of law adds significant value to the process, so a costly mistake, which may not be discovered until a crisis develops, is not made. A qualified attorney stays attuned to developments in the law to make sure the plan is current and drafted in the most effective manner, meets the individual’s objectives and is the plan best suited to meet the individual’s needs. The attorney also makes sure that legal formalities are followed when documents are executed. Developing a relationship with a good estate planning attorney allows you to have a trusted advisor to turn to for guidance on your most important lifetime decisions and to assist your family when you are gone.
With proper professional guidance, family harmony is more likely to be maintained, and assets are more likely to be protected from taxes, court fees, attorney fees, and long-term care expenses.
Contributed by MH Arrowhead, Phoenix and Scottsdale Estate Planning Attorney and partner, David T. Eastman.
Why Choose Morris Hall:
You have a number of options when it comes to estate planning, so why pick Morris Hall? First off, estate planning and asset protection are a very complicated endeavor and you should only trust someone who focuses exclusively on those matters. Also, MH is a proud member of The American Academy of Estate Planning Attorneys (AAEPA) which provides us additional support, advanced training, tools and information that is not available to others – which means that we can better protect your assets and your loved ones. We are one of only two firms in Arizona that belong to the AAEPA and are the only firm in that has been granted membership. If you have assets and loved ones that you want to protect, you are in good hands with MH. Contact us today at 888.222.1328 to schedule an appointment!
This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.
- What the Proposed Treasury Regulations Mean for Deductions Under Internal Revenue Code Section 2053 - September 16, 2022
- Does Your Estate Have Sufficient Liquidity? - September 14, 2022
- Understanding Asset Protection Trusts - September 12, 2022