• About Us
  • Contact Us
  • Latest
  • Terms and Conditions
  • Privacy Policy
The Frisky
  • Home
  • News
  • Health
  • Celebs
  • Movies
  • Love
  • Relationships
  • Style
  • Entertainment
  • Parenting
  • Royals
  • Travel
People

Why You Should Hire A Lawyer to Write Your Estate Plan

by Petar Senjo February 6, 2019
by Petar Senjo February 6, 2019 Img source: differencecamp.com
2.8K

A common question amongst people is “Can I write my own will?” or “Do I really need a lawyer to do my estate planning?” The answer to this question is no; however, writing your own estate plan can be a complicated thing, one that an inexperienced person will have a very hard time doing it.

In this article, we are going to give you the reasons why you should hire a lawyer for your estate plan.

Contents

  • 1. You, Will, Need More Than Just The Will
  • 2. Saves You Money, Time, and Energy
  • 3. It is More Complicated Than What You Might Think
  • 4. You Only Have One Chance
  • 5. Objectivity

1. You, Will, Need More Than Just The Will

Many people think that a Will and an Estate Plan are the same things. Well, they could be more wrong because an Estate Plan is a legal document that prepares you for your death, while a Will is a legal document part of the Estate Plan. One thing that these two have in common is that they are extremely important legal documents.

Img source: normandowler.com

2. Saves You Money, Time, and Energy

Writing your own estate plan will be more time consuming than what you might think. It will have to turn your attention from the more important things in life like family or work. Hiring a lawyer to write your estate plan will cost you but it will cost you more if you decide to do it on your own. Hiring a lawyer for your estate plan will save you time because it is his job to do it. He knows how to do it and knows the ins and outs of it.

3. It is More Complicated Than What You Might Think

If you don’t fully understand what you’re doing, estate planning can be the sort of stuff that makes you go crazy. Every phase counts and every word counts, in fact, everything you write counts and can be used in a different way if one really chooses to.

Not to mention that the law itself is changing all the time, and key agencies like the federal government, the IRS, and courts are changing the laws all the time. It’s the lawyer’s job to know about these changes, and it takes a full-time job to keep track of all the laws and rules that are being changed.

Img source: flarecord.com

4. You Only Have One Chance

If you do finish your own estate plan and you do realize that it sucks, you can go ahead and hire a lawyer to do it for you. But think of how much time, energy, and resources you’ve spent on making it. You only have one chance of making a good estate plan. And by hiring a good lawyer you will make good use of that one shot.

5. Objectivity

Another extra thing that lawyers bring to the table, besides expertise, is objectivity. According to immigrationlawyertorontofirm.ca, a good lawyer can give you a clean, unbiased view of your current situation and give you a fair and honest assessment of what you should do. You can’t leave everything you have to one of your three children. That would be unfair and will result in them fighting with each other their whole life. By drafting an unfair estate plan, you could single-handedly ruin your entire family relations. Therefore, having a properly executed will helps prevent any unnecessary conflict especially when you are incapacitated and require assistance from your appointed guardian. Do read more over here about guardianship and estate planning.

 

estate planestate planninglast willlawyerwhy you should hire a lawyerWhy You Should Hire A Lawyer to Write Your Estate Plan
Petar Senjo

A creative writer with a keen eye for SEO. Combining his love for the latest news with his expertise in search engine optimization, Petar delivers impactful content that resonates with readers.

previous post
Tumblr alternative for adult gifs and pics blogs
next post
How long did the break up last between Prince William and Kate Middleton?

Related Posts

Claiming Compensation After an Accident

August 22, 2024

Estate Planning: Securing Your Legacy for Generations to...

January 16, 2024

Most Popular And Safest Digital Currencies for Gambling...

November 30, 2023

Categories

  • Accessories
  • Animals
  • Anime
  • Art
  • Astrology
  • Beard Care
  • Beauty
  • Betting
  • Biography
  • Blog
  • Business
  • Buying Guides
  • Cannabis
  • Cars
  • Casino
  • CBD
  • Celebs
  • Children
  • Citizenship
  • Clippers
  • Clothes
  • Computer
  • Couple Time
  • COVID-19
  • Crime
  • Crypto
  • Culture
  • Design
  • DIY
  • Economics
  • Education
  • Entertainment
  • Environment
  • Family
  • Fashion
  • Featured
  • Food
  • Food & Drink
  • Furniture
  • Galleries
  • Gambling
  • Games
  • Gardening
  • Gifts
  • Girl
  • Gossip
  • Guide
  • Guys
  • Hair
  • Hair Care Tips
  • Hair Dryers
  • Hair loss
  • Hairstyles
  • Health
  • Highlights
  • History
  • Hobby
  • Home
  • Horoscopes
  • Hot Rollers
  • How to …
  • Industry
  • Internet
  • Interview
  • Law
  • Legal Advice
  • Life
  • Lifestyle
  • Love & Sex
  • Love Your Self
  • Makeup
  • Marketing
  • Medicine
  • Mind & Body
  • Money
  • Motorcycle
  • Movies
  • Moving
  • Music
  • Nails
  • Net Worth
  • News
  • Parenting
  • People
  • Pets
  • Photography
  • Products for Hair
  • Real Estate
  • Recipes
  • Relationships
  • Religion
  • Royals
  • SEO
  • Shopping
  • Skincare
  • Sports
  • Studying
  • Style
  • Super Stars
  • Tech
  • Technology
  • The Body
  • Tips
  • Tips & Tricks
  • Tools
  • Toys
  • Travel
  • Type
  • Uncategorized
  • Vape
  • Vehicle
  • Video
  • VR
  • Wedding
Footer Logo
  • About Us
  • Contact Us
  • Latest
  • Terms and Conditions
  • Privacy Policy

© 2024 - All Right Reserved.

TheFrisky.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Amazon, the Amazon logo, AmazonSupply, and the AmazonSupply logo are trademarks of Amazon.com, Inc. or its affiliates.

We at TheFrisky participate in various affiliate marketing programs, which means we may earn commissions on products or services that we recommend or promote through our website. When you click on a link to purchase a product or service that we have recommended or promoted, we may earn a commission from the sale. This commission helps us maintain and improve our website and provide you with valuable information and resources.

The Frisky
  • Home
  • News
  • Health
  • Celebs
  • Movies
  • Love
  • Relationships
  • Style
  • Entertainment
  • Parenting
  • Royals
  • Travel
The Frisky
  • Home
  • News
  • Health
  • Celebs
  • Movies
  • Love
  • Relationships
  • Style
  • Entertainment
  • Parenting
  • Royals
  • Travel
© 2024 - All Right Reserved.

TheFrisky.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Amazon, the Amazon logo, AmazonSupply, and the AmazonSupply logo are trademarks of Amazon.com, Inc. or its affiliates.

We at TheFrisky participate in various affiliate marketing programs, which means we may earn commissions on products or services that we recommend or promote through our website. When you click on a link to purchase a product or service that we have recommended or promoted, we may earn a commission from the sale. This commission helps us maintain and improve our website and provide you with valuable information and resources.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkNoPrivacy policy

Terms and Conditions - Privacy Policy