Avoid the Pitfalls of a Do-It-Yourself Will

Don't Let a Do-It-Yourself Will Damage Your Legacy

Download Your Free Report on Wills Today

High legal fees have been the driving force behind the Do-It-Yourself Estate Planning documents, such as a Will. When it comes to legal matters like drawing up your own Will, you may want to consider the consequences of cutting corners.

What is a Will?

A Will is an important legal document, giving instructions of how you’d like your estate to be managed after your death. It is one of the most important Estate Planning tools out there. It provides for the smoother transfer of your assets in a Probate court. Without a Will, the court will be deciding this for you.

A properly drafted Will can highly benefit you and your loved ones, ensuring that your legacy will continue and your family will be provided for. An Estate Planning attorney can help you draft a Will specific to your family’s needs, as well ways you can provide for continued income for your dependents.

Do-It-Yourself Wills Can Be a Risky Investment

A surge in Do-It-Yourself kits have lead to many consumers to try this option; however, an at home Will kit may cost more in the long run. Wills that are not executed properly can be disastrous for an estate, ultimately acting as if there was no Will at all. Do-It-Yourself Will kits are typically designed to fit the needs of the masses, making it difficult to customize the document for your specific needs. Also, the legal terminology in the document can be hard for many people to comprehend, often leading to the misinterpretation of a question or statement. Too many mistakes on an at home Will kit can render your Will invalid.

Common problems with Do-It-Yourself Will kits include:

  • Forgetting to update the Will when a change in beneficiaries occur, such as divorce
  • DIY Wills are more likely to be challenged because it hasn’t been properly drawn up or reviewed by a legal professional
  • Improperly executed Wills, such as lack of witness, can cause the Will to be invalid

Learn more about Wills by downloading our free report, “Dangers of Do-It-Yourself Wills and Living Trusts.” This free report can teach you:

  • How to provide an ongoing inheritance for heirs
  • How to create provisions from children from previous marriages
  • How to ensure that money you designate for disabled dependents doesn’t get depleted if they qualify for government assistance
  • And more

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The Similarities and Differences between Wills and Trusts

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