Sunday, September 12, 2010

Beware of Will Making Software

The New York Times has an informative article this weekend on various software programs that can be used for you to write your own will. The general consensus seems to be that, yes, a will making program will probably produce a valid will. However, whether the will actually does what you intend it to do is another story.

Without a trained lawyer helping you, you are putting your estate plans at risk.

Here are some other reasons that writing your own will may not be a good idea:

• May need additional estate planning tools, including certain types of trusts for various issues
• Everyone needs powers of attorney in addition to wills
• You don't know what you don't know - every word, sentence, phrase and clause in your will has significant meaning.
• The law is always changing - your software program may not be up to date

Do you have a do-it-yourself will? We can review it for you during a complementary consultation.

Let our firm assist you: Our firm offers a complementary estate plan review and consultation. Please call us today at (215) 706-0200 or email us.

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