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.
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