Everyone loves a good do-it-yourself project, but there are some things in life that are too important to do on your own. One of these things is estate planning. Despite the advertisements for kits and websites that claim to help you build your own will and create an estate plan quickly and cheaply, there is nothing that can replace the guidance of a knowledgeable legal ally.
Estate planning is an essential step for everyone. By making the effort to ensure that you have the right protections in place, you are not only providing assurance and security for your Nevada family, you are giving yourself the peace of mind that comes with knowing your interests are protected.
Why a professional is necessary
There are many benefits that an experienced lawyer can offer that a website or DIY kit cannot provide. Besides personal guidance, there are many legal and practical matters that you should consider as you move through this process, and a website cannot help you with that. Your personal legal guide can help you with the following:
- Considering the tax implications of any major financial decision you make
- Planning for the care of a special needs child
- Setting aside money for charitable giving after your passing
- Establishing your estate plan in a way that may allow beneficiaries to avoid probate
- Ensuring that your estate plan is uniquely tailored to your financial and legal objectives
- Ensuring that you have all necessary protections in place, including powers of attorney and medical directives
- Protecting your small business
- Including provisions for children from a previous marriage
Hiring an attorney is always a good idea if you want to be sure that your needs are met. You will also get personal attention and receive advice from an individual who is familiar with your situation, your financial circumstances and your goals.
Protect your interests and establish security for your loved ones
There are multiple factors that can make the estate planning process complicated. Using a DIY website may lead to excluding important factors, skipping a vital step or leaving out a consideration that could affect your family in the future. DIY wills are more likely to be contested, and can even be invalid if not done correctly.
Estate planning is about more than simply identifying who gets what after you pass away; it is about providing security for yourself and those you love, even while you are living. There is too much at stake to attempt this on your own; do not leave your future to a DIY process from the internet.