Do I Need an Attorney to Prepare My Will or Trust?
If you are reading this blog, one of the questions you may have is “do I need an attorney to prepare my Will or Trust?” There are many people who prepare their own legal documents. Some purchase software and some get their documents from the internet.
Like most things in life, some of these documents are good and some are bad. Some documents are good, but are used in the wrong way. I have seen wills and trusts created on the internet or from software programs work perfectly fine. I have also seen wills and trusts created on the internet or from software programs fail miserably. The problem is you don’t know. And your family won’t know until you die. Then it’s too late.
I am not saying using an attorney will guarantee your estate planning will work. But I am saying it will significantly increase the odds it will work. Most people plan their estates for peace of mind that their affairs are in order. If you want peace of mind regarding your estate plan, hire an attorney.
Finding the Right Estate Planning Attorney?
I want to let you in on a secret. Not all attorneys are the same. Some are good and some are not as good. Some attorneys specialize in estate planning and some practice in multiple areas of law. The practice of law (like medicine) is a profession, an art. Not all attorneys will give you the same advice. Very early in my law career I realized I was licensed to practice law, but there were lots of things I didn’t know. Just because I was an attorney, did not make me a good attorney.
When evaluating attorneys, cost, personality and location should all be factors used to make your decision. However, the most important factor is to find an attorney who does nothing but estate planning. The estate planning law is complex and it is difficult for an attorney to know estate planning and other areas of law well.
One place to look for an estate planning attorney is an organization such as WealthCounsel. WealthCounsel is an organization of estate planning attorneys that promote a client-centered approach to estate planning founding on the principles of legal competence, professional collaboration, and a commitment to excellence. If you want peace of mind regarding your estate planning, hire an attorney that does nothing but estate planning.