Attorney and Counselor at Law
Why not just use Legal Zoom?
Most families realize the value of living trusts, but too many fall victim to poorly drafted documents. In fact, we are experiencing an explosion of estate litigation because cheaply-made plans fall apart, but not before creating a false sense of security.
You might get yours done online, or with a paralegal, or with a discount attorney, and walk away feeling good about yourself for taking care of your family (and saving money!). However, you might have just left them with a ticking time bomb!
The average inheritance is gone within 18 months. A generic plan won’t consider who you are, the values you have, and the best methods for making distributions.
Shouldn’t you at least consider drafting yours so that if a child divorces, half the inheritance doesn’t go to an in-law? Or creating asset protection for an inheritance so it’s not reached if your child gets sued? What about incorporating incentives so that a young adult graduates from college, purchases a home, or opens a retirement account?
There’s a world of estate planning options that take skill and effort to explore. Like so much in life, you get what you pay for. Don’t buy cheap, buy value… your family is worth it!