Question: I would like to prepare my estate plan by myself. How will I know if my plan is executed well after I am gone?

Answer: Unfortunately, if you are preparing your estate plan by yourself, without any review by a qualified attorney, then you won’t know if your plan is executed well. You will probably leave your family and friends with a complete mess. That is most often the problem with these Estate Planning DIY websites and kits. There is no way of knowing if you are doing things right until it’s too late and then there is nothing you, your family, and friends, can do about it. I know the intention behind preparing your own estate plan is to save money, but, in the end, you will likely cost your family and friends more money fixing what needs to be fixed. You are better off seeking out a qualified estate planning attorney from the beginning, ensuring things are done correctly, and making sure the attorney tries to work with you regarding fees. You’ll save yourself and your loved ones money in the long run.

Print This Page Print This Page

Go to eCareDiary.com

Originally Posted at eCareDiary.com
Click to Go to eCareDiary.com


About Jeffrey A. Asher, posted from eCareDiary.com

Jeffrey A. Asher is a frequent contributor to the Q&A Section at eCareDiary.com. Jeffrey A. Asher is admitted to practice in NY and CT. Mr. Asher is a member of the New York State Bar Association, where he serves on the Executive Committee of the Elder Law and Special Needs Section, the Executive Committee of the Trusts and Estates Law Section, is co-chair of the Estates, Trusts, and Tax Issues Committee of the NYSBA Elder Law and Special Needs Section, is co-chair of the Committee on Elderly and Disabled of the NYSBA Trusts and Estates Law Section, and is a Chair of the Elder Law Section of the New York County Lawyers’ Association. Mr. Asher recently appeared in the HBO Documentary “Bobby Fischer Against the World: Fight for the Fischer Estate.” Mr. Asher also is a legal commentator on Trusts and Estates and Elder Law matters for Court TV, TruTV, and CNN Headline News.

No Comments

Be the first to start a conversation

Leave a Reply

  • (will not be published)

*