People who live in New York are resourceful, and they understand the benefit of trying to cut costs and save money by doing certain things themselves. However, estate planning should not be one of them. People can do pretty much anything online these days, including create wills and drafting papers that can have a significant impact on their future. While it may sound like a good idea, it is not usually a prudent path to take.
With DIY wills, there is a significant chance that a person will accidentally make mistakes that could cause major complications down the road. People may include terms that contradict themselves or leave something important out. Many services that allow people to do their wills themselves make it difficult to ask questions and get help when needed.
Estate planning is about having security over future health care concerns and peace of mind regarding what will happen to an estate in the future. Through a will, power of attorney, trusts and advance health care directives, a person can care for loved ones and express wishes for the future. However, mistakes in an estate plan can undermine these efforts, perhaps rendering part or all of the plan invalid.
With much at stake, it is prudent to work with a New York estate planning attorney when making choices that could impact the future. DIY wills may take less time and cost less money to create, but may not be worth the risk. Planning for the future can be complex, and it’s worth the effort to have trusted guidance when navigating this process.