Using Estate Planning Software
If you want to prepare your own estate plan, it is possible with the use of legal software or an online legal software system. Aside from these, you can also find online legal services that can help you with your estate planning by simply interviewing you and then provides you will a will or a trust at a very affordable price.
Using this system has its own benefits and disadvantages. The cost of using legal software for estate planning is definitely lower in cost than hiring a lawyer to complete your estate plan. Here are some advantages of using estate planning software for your estate plan. For more information about the Practical Planning System, follow the link.
Using legal software only requires you to have a computer, a printer and time to do your estate plan. If you are using an online legal service or legal software, then you don't spend much on these. It is substantially less than the cost of hiring an attorney for estate planning.
With an estate planning software or using an online legal service, you save much time. This is because it is easy to work on a computer unless you are someone who does not know much about using a computer. When you hire a lawyer for estate planning, it will take a lot of time since you have to inform the lawyer about the details of your estate and how you want to distribute these assets when you are no longer here. These will take several meetings with your lawyer before you can finalize your estate plan. With software, you don't have to set aside time for meetings but you can go directly to planning your estate and making your will. Visit the official site for more information about practical planning systems www.practicalplanningsystem.com.
Using software for estate planning will give you more privacy since you don't have to deal with another person, your estate planning lawyer. Dealing with a lawyer will be a problem to persons who are naturally shy. And, if you are a very private person, you would not want a stranger prying into your personal affairs and asking about your assets and properties and things of this nature. If the lawyer is someone you do not really know, it would sometimes be difficult to reveal private and personal information to this person. This is not difficult to understand,
IF you use legal software for estate planning, then you are in control of everything. You don't want a lawyer having control over you when it comes to planning your estate.
However, if you do your estate planning yourself using this legal software, you can increase your chances of committing errors. And it will be costly and time consuming to fix the problems. Lawyers charge much more in fixing your errors than they would if you had hired them to help you with your estate planning at the outset. Click the link for more info about estate planning https://www.huffingtonpost.com/nathaniel-sillin/why-estate-planning-makes_b_10357868.html.
However you decide to do estate planning, you need to consider the benefits and disadvantages of the method that you want to employ.