Posts

Showing posts from April, 2020
Image
Online Wills? When You Should, When You Shouldn't,  and Where to Do It With all of the media about “digital wills” and “online estate planning” it could be tempting to think you can do your estate planning yourself, online. And, maybe you can. But, if you do, you need to know the potential pitfalls. Online estate planning could be a big trap for the unwary and actually leave your family worse off than if you had done nothing at all. But Don’t I Need a Will and Can’t I Just Do It Online? Here’s the funny thing about estate planning: the one legal document that everyone thinks they need most actually does the least. Every adult does need SOME estate planning. A will is always a good idea because it says who gets and who is in charge of distributing what you have. However, if the default law would have given your assets to the same people you would choose and authority to the person you would name anyway, then an online will would probably do nothing valuable for you a...