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The internet puts a world of information and opportunities for action at our fingertips. In the estate planning realm, this can mean that internet users may be able to develop trusts (and other estate planning documents) online.
While these online, do-it-yourself (DIY) legal services may seem appealing in terms of cost and the ease of getting the task completed, however, there can be some big risks involved.
And understanding what these risks are can help you make the right decisions when it’s time to formalize your estate plan to protect your legacy and loved ones.
The main reason that online DIY trusts are so risky is that these documents are usually developed from generic forms (in order to be widely applicable and to try to limit the room for user error). While relying on a generic form to develop a trust may seem harmless, the facts of the matter are that these online trust documents will:
When it comes to online DIY trusts (and other estate planning services), the bottom line is that:
For experienced help developing trusts or making other estate plans, you can turn to the estate planning lawyers in Denver. We provide a thoughtful, comprehensive approach to our clients’ estate planning, elder law and other legal needs, and we take pride in helping each of our clients and their families find the best solutions for them.
We can discuss your estate planning needs and different options during our consultation. To schedule this meeting, call us at (303) 713-9147 or email us using the contact form at the top of this page.
From our offices in Denver, we serve clients throughout the southwest and southeast Metro Area, including (but not limited to) people in Highlands Ranch, Littleton, Castle Rock, Parker, Aurora, Greenwood Village, Englewood, Centennial, Wheat Ridge, Golden and Arvada.