In today’s digital age, online will templates and DIY estate planning kits are just a few clicks away. While these options may seem convenient and cost-effective, they often create expensive problems that emerge only after you’re gone—when it’s too late to fix them.
Common Problems with DIY Estate Planning
Invalid Execution
Each state has specific requirements for validly executing wills and other estate planning documents. A minor technical error in the signing process can invalidate your entire document. Our office has seen numerous cases where DIY wills were deemed invalid because they weren’t properly witnessed or notarized according to state law.
Ambiguous Language
Legal documents require precise language. What seems clear to you might be ambiguous from a legal perspective, leading to family disputes and costly litigation. Professional estate planning attorneys use carefully crafted language that has been tested in courts.
Failure to Account for State-Specific Laws
Estate planning laws vary significantly from state to state. Generic templates can’t account for these variations, potentially leaving your estate subject to unintended consequences under your state’s particular laws.
Missing Opportunities
DIY solutions typically offer only basic documents, missing opportunities for tax planning, asset protection, and other strategies that could benefit your family. An experienced attorney can identify planning opportunities you may not know exist.
The Real Cost of “Saving Money”
While a DIY will might cost $69, fixing problems after death can cost tens of thousands in legal fees, not to mention the emotional toll on your loved ones.
Don’t gamble with your family’s future. Call O’Connell Law at (508) 202-1818 today to schedule a consultation with our experienced estate planning attorneys. We’ll help you create a comprehensive, legally sound plan that truly protects your loved ones and honors your wishes.