Reliance on an Internet-derived Will can shortchange your opportunities when it comes to protecting your loved ones and transferring your earthly possessions.
Your family situation and objectives are — if not unique — very specific to you. However, Internet documents may try to fit the proverbial square peg into a round hole by forcing you to accept one-size-fits-all language.
It’s nearly impossible to “fix” your estate plan after your death.
If you are typical, you don’t-know-what-you-don’t-know about estate planning. I was in that category myself before I became an estate planning lawyer.
Unless your career is focused on estate planning, you may struggle to ask enough of the right questions to understand what it is that will best meet your estate planning goals. That’s not surprising considering that estate planning involves so many subjects – Wills, Trusts, retirement plans, medical financial needs, beneficiary designations, probate, real estate, incapacity planning, health care directives, power of attorney, asset titling and on and on.
An estate planning attorney, on the other hand, can review your personal situation and offer guidance tailored to your individual wants and needs.
For example, persons requesting a “simple Will” often find that what they really want is not a so-called “simple Will” at all. An estate planning lawyer can help you work through the options that work best for you.
Generally speaking, individuals don’t know what types of estate plan documents they could or should have, and don’t know what provisions those documents should include.
The meaning of certain terms and phrases commonly used in estate plan documents may also be confusing. Does the Internet Will mean, in legal terms, what you think it says? How do you know?
When we leave this earthly life, we leave our loved ones and our possessions behind. Why not help our loved ones as much as possible? An estate planning lawyer likely is able to assist you in helping your loved ones in ways that an impersonal Internet estate plan cannot.
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