Wills: Here’s Why Not To Do It Yourself.

This NYT article praises a do-it-yourself approach to estate planning for some people, while providing misinformation about the true cost of good legal services, while also overlooking the real dangers of a DIY approach. In today's post we'll tackle this issue head on and explain why a DIY approach to wills and other planning documents can be dangerous and costly.

Moving Assets to Joint Ownership is NOT an Estate Plan

Sometimes, a person will tell us that they want to make a child a co-owner of their assets to make distribution of their assets easier, to ensure their wishes are followed. Doing that presents many risks, and may result in very different outcomes that hoped for. We usually recommend against this as a way to conduct your estate planning as it is not a true plan.