Are you one of the many who prefer the do-it-yourself (DIY) approach instead of asking someone for help? With this mindset, you have probably learned to do much on your own, but is it the best way to address estate planning?
Unless you have considerable knowledge of financial and estate matters, you could end up with gaps or defects in a DIY plan. Those still on the fence may find clarity by learning about the benefits of obtaining legal guidance during estate planning.
As you may know, the laws governing wills, trusts and other documents can change rapidly. A legal practitioner can quickly work with you to update your plan anytime the Texas legal code changes. They can provide the same service to help you accommodate significant life events like marriage or childbirth.
You may rest much easier knowing your plan is legally compliant and up to date.
Those trained to navigate the estate planning arena know how to develop unique strategies for distributing assets to heirs and beneficiaries. Trying to do this without guidance could invalidate components of your plan.
Legal counsel often improves the odds that bequeathments go unchallenged by well-meaning loved ones.
As people age, they often worry about what might happen to them if they become too sick or hurt to speak their healthcare preferences out loud. You may understand that a living will or medical power of attorney helps you continue directing your healthcare if incapacitated.
Experienced guidance when creating these directives can help to ensure they are valid and recognized across the country.