Do a Trust or Will Yourself? Does It REALLY Save Money?
We are all looking for a great deal, whether it is food, travel, electronics and yes…legal services. With all the new legal services and forms online you may be tempted to use all of these services. The question is do you really benefit?
In recent months, our office has been retained by children of clients who are the beneficiaries under “do it yourself will” documents. Unfortunately the documents haven’t been prepared in accordance with Florida law and in one case there is no residuary clause. Which means that the decedent gave individuals certain properties but then didn’t provide for the “residuary”.. the balance of the property… The legal fees and the costs FAR outweigh what it would have cost to have the documents prepared by a Florida attorney.
Just keep in mind that you get what you pay for and it is worth the money to have a board certified wills and trusts attorney prepare your documents to avoid unnecessary legal fees. If you aren’t satisfied with the price of the first one you visit, then you can interview other qualified attorneys.
ADVICE: Carefully consider the documents that you get on the internet or at an office store. Unless you are an attorney there is no way to properly evaluate the documents you are purchasing. In my experience money can be saved if the documents are prepared correctly the first time!
GENEROSITY IS A KEY TO HAPPINESS…REACH OUT AND HELP SOMEONE TODAY!