At your own risk: The pitfalls of DIY estate planning

Aug 21, 2018 | News

There’s no law that says you can’t prepare your own estate plan. It’s easy to do so, thanks to an abundance of online services that automate the creation of a will. But unless your estate is small and your plan is exceedingly simple, the pitfalls of DIY estate planning can be many. A common mistake is to neglect the formalities associated with the execution of wills, where the rules vary from state to state. Another is to not provide the flexibility needed to address future tax law changes, which can lead to undesirable results. Contact us for more information.