As a consumer, it pays to tackle projects typically reserved for professionals. From oil changes and interior painting to pet grooming and landscaping, there is no shortage of ways to save money by going the do-it-yourself route. However, when it comes to estate planning, DIY need not apply. Estates and trusts expert Thomas J. Henderson, Attorney at Law helps the residents of St. Louis, Missouri, with estate planning on a daily basis. As such, he’s here to discuss the dangers of attempting to do this task without professional, legal guidance.
Let’s face it: hiring an estates and trusts attorney can be expensive. For this reason, more consumers are turning to online legal document services in an effort to avoid attorney fees. These companies claim to provide the same services as a professional attorney at a fraction of the cost. Unfortunately, the pitch fails to mention one simple truth: they are not attorneys and cannot offer legal advice. This can be a major problem for consumers who are unfamiliar with estate planning or who may have questions or concerns regarding their assets.
Estate planning is not a one-size-fits-all affair. Online planning services use generic forms designed to help consumers navigate the process without the need for legal intervention. While this can certainly help you avoid mistakes, it can also leave you with a poorly crafted estate plan.
Keep in mind that no two estates are exactly alike. Choosing the DIY route will limit your options, as well as your ability to hold someone accountable, should your documents fail to meet quality standards. Choosing to hire an attorney who focuses on estates and trusts will go a long way in ensuring your wishes are carried out properly and your assets are protected from probate government taxes in the event of your passing. At the end of the day, the money you save with a DIY estate plan could cost you more in the long run.
Serving St. Louis clients with an array of practice areas, including estates and trusts, personal injury, DWI, and family law cases, Thomas J. Henderson, Attorney at Law will give your case the attention it deserves. Visit the law firm online or call (314) 266-4400 to schedule your initial consultation.