Wills: Go professional
Today’s economy has many people clipping coupons and watching every penny. When it comes to estate planning and wills, however, going the “do it yourself” route could end up costly for your family. Sure, there are some situations where creating your own legal documents may work and even save some cash. But, whether you decide to do it on your own, you should always have your documents reviewed by an attorney.
If your assets are less than $50,000 including real estate, you can probably find legal software to suit you. But, if you fall into the category of large estates, blended (second marriages) families, special bequests or disabled children, you may find the task daunting at best. Creating your own legal documents may provide a false sense of security that will come to fruition when it may be too late.
The Top 10 Reasons to contact an experienced estate planning attorney:
- Be sure that estate planning documents are correctly prepared and executed properly.
- Develop a Trust or Living Trust.
- Help probate the Last Will & Testament after a loved one dies.
- Protect and preserve assets.
- Arrange the emotional and financial security of your children.
- Minimize estate taxes.
- Address specific state or local probate and tax laws.
- Have an attorney serve as Executor or Guardian of the estate.
- Address complex issues related to prior marriages.
- Keep the family business or personal assets whole.
If you in fact decide “do-it -yourself” when it comes to estate planning and wills, be sure to have your information reviewed by an attorney, as laws are different in every state.
To learn more about Estate Planning & Wills in Ohio, contact Elder Law Attorneys Browning & Meyer Co., LPA today.
Browning & Meyer Co., LPA is a law office with more than 60 years of experience in the firm’s specialized areas of practice, which include estate planning, elder law, estate administration, probate administration, trust administration, asset preservation, tax planning, guardianships, special needs planning, and Medicaid eligibility planning and litigation. We have the ability to offer a wide array of legal services to assist you and your family as you move through the stages of life.