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Estate Planning: Should You do it on Your Own? Or Should You Hire an Expert?

January 20, 2014General ArticlesBailey Helton

It’s normal to want to take care of your loved ones, especially after you’re gone. To achieve that desire, there are a few options available to make sure that your wishes are honored. But, do you do it on your own, or do you go with a professional who specializes in estate planning?

There are quite a few websites that offer forms that allow you to do your own will, and quickly at that. Download the appropriate form, fill it out, sign it, have it witnessed, and you are done. The task is done with little to no cost, and you have a binding legal document that ensures your assets go to your designated heirs. Do-it-yourself wills are fine for those who don’t have a complicated asset portfolio.

In the event that you have a lot of property, investments and heirlooms that have value, you are best served by working with an estate planning professional. The professional can use legal avenues to protect your assets and your heirs after your passing, especially if you suspect that there are going to be arguments over who gets what.

Estate planning offers you peace of mind about taking care of your loved ones, regardless of how you go about doing it.

Are you in the greater Phoenix area and have questions about making a will or a trust? Contact Phocus Companies today to discuss your needs.

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