What’s Wrong with Using an Online Will?

While an online will might seem like a quick and easy solution to your estate planning problems, they can lead to many issues and costs down the line.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date.  (To subscribe to our blog ).

Many online companies offer quick online wills. Some have software, others are quick downloadable templates. So why should you steer clear of online wills when doing your estate planning?

A few reasons include:

  1. Many times, online wills are not valid or enforceable. Unlike many trusts, wills have to go through probate court. Probate litigation can be costly, especially with an online will. Online wills are not always binding and may not have the correct language or elements for it to be complete and enforceable. This can lead to family disputes after your death.
  2. Online wills are not tailored to your needs. When you meet with an estate planning attorney, they will ask you many questions and work to understand your situation. They will craft documents that truly protect your interests, your family, your assets, and your wishes if you are incapacitated. An online will simply doesn’t have the capability to protect your interests. Even worse, using a will with predetermined language can act in opposition to your wishes.
  3. Online wills are limited in scope. This means that you can’t be as specific as you should be, or plan for things outside of inheritance. If you have minor children, you may need to plan for guardianship. You might also have pets to consider and a variety of other concerns that are specific to you. These should be dealt with in your estate plan.

Finally, a will might not even be the correct document to meet your needs.

Many people think that trusts are just for those with huge bank accounts. This is not true.

It’s essential that you meet with an attorney to protect your interests and make sure that you have legally enforceable documents.

Contact us today to help you get the right documents in place or to update your current estate plan. We will plan so that you don’t have to worry about your future.   

We publish vital information every Wednesday and Friday. To get this important information delivered directly to your mail box,

Contact us today with all your legal needs!

Related Posts

Categories

Recent Posts

Getting Remarried? Here’s What You Need to Know
March 21, 2024
What is the Biggest Threat to Healthcare?
January 30, 2024
How Can I Simplify Estate Planning?
January 11, 2024
I Have a Trust. Now What?
December 7, 2023
Breaking: Corewell Health Breach
December 5, 2023

Subscribe

Subscribe to Our Newsletter

Subscribe and get your FREE copy of Easy Guide to HIPAA Risk Assessments

An essential tool for all healthcare providers, Easy Guide to HIPAA Risk Assessments breaks down the requirements of HIPAA so you can successfully complete your required risk assessment. (an $8.99 value)

Thank you for subscribing to the Rickard & Associates healthcare blog. You'll receive a confirmation email shortly. After verifying your subscription request, you'll be sent to the "Easy Guide to HIPAA Risk Assessments" download page.