This is the continuation of our article "The Dangers of Do-It-Yourself Estate Planning." Please see Part 1 for the first half of this article...
Looking for Legal Advice with Your Documents? Look Elsewhere…
Did you realize that companies that provide these DIY legal documents are not allowed to give legal advice? Not only can they not give advice, but they can not recommend what documents you should create for your personal needs. They can merely provide you with generic standardized forms and leave you to try and decipher the rest.
Generally, a great deal of assistance is needed throughout the process of creating legally binding documents. Having no legal advice available to you while you try to create these complex plans is like navigating a minefield with your eyes closed. Whichever direction you’re going, the odds of success are slim and the consequences can be tragic.
Would You Skydive With a Faulty Parachute?
The parachute is a skydiver’s most important piece of equipment. Any skydiver ensures that their parachute is packed properly with the right expertise so that it will deploy correctly. A parachute that is packaged even slightly wrong will tangle when released, causing the parachute to become useless. You wouldn’t jump out of an airplane without knowing your parachute was packed by a professional, so why would you create estate planning documents without the same care and concern?
It All Comes Down to This…
There are a hundred reasons why do-it-yourself legal documents are insufficient and put you, your estate and your loved ones at risk. In fact, there is only one reason to create a DIY estate plan – to save a bit of money up front. However, as was mentioned, saving some money up front by creating a DIY estate plan can cost you many times more in the long run by not having the right documents, faulty verbiage and creation, invalid forms, no legal direction and much more.
Don’t go skydiving without a parachute, and don’t plan your estate without an attorney that specializes in estate planning and is a member of the American Academy of Estate Planning Attorneys (AAEPA). Morris Hall has focused their practice on estate planning for 40 years, is a member of the AAEPA and can ensure you have the proper documents and the correct protections and advantages in your planning.
It comes down to peace of mind for you and your loved ones. Do-it-yourself planning can’t provide you with that…but we can.
Call 888.222.1328 or visit Morristrust.com to schedule a free consultation with one of our highly qualified estate planning attorneys.
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 New Mexico 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.