Creating a do-it-yourself will may be easy and low-cost, but if you don't choose the right service, it could also mean problems for your family once you've passed. Having a valid last will and testament can provide you with the peace of mind, knowing that your wishes will be respected after your passing. But can you achieve that goal with a “do it yourself will?”
Ideally yes, but before you start filling out a last will online using downloadable forms, you should know that there are pros and cons to doing so. To help you decide, here is some helpful information to think about when deciding whether a DIY last will and testament is the right choice for you.
A DIY will, also called a Do it Yourself will, is a last will and testament created exclusively by the person writing a will. DIY last will services provide all the forms an individual will need when creating a last will. In one easy step, all you have to do is fill in the information requested and print out the final draft.
Two of the most noticeable benefits of making your own last will using a will kit is the amount of time and money you save. Creating your own last will is considerably less expensive than getting an attorney involved in the will-writing process, and it saves you a lot of time when it comes to adjusting or editing your will. With The Free Will Kit, we provide you with a workbook to help ensure that your will is the way you want it.
Even the pros listed above could have prospective cons, however. The money you save now, could end up costing your loved one’s time and money, later if the will isn’t valid or was not validated correctly. And the same goes for time. Probating your property—and allocating your belongings to your loved ones—could end up taking a lot longer if the will wasn’t completed correctly. Remember that state laws regarding will execution vary significantly, and some DIY will sites may not take that into consideration. At The Free Will Kit, all our wills kits are created based on your state’s laws and requirements.
Therefore, ask yourself “should you make your own will?” If you have a direct estate plan in mind, a do-it-yourself will can be an easy, low-cost way to make your requests known concerning the dispersal of your belongings after your passing.
No matter what you decide, however, it is very important that you make a last will as soon as possible. Always keeping it updated, in occurrences such as births, deaths, and divorces. When a person passes without a will, state law leading the division of the property takes over, and the outcomes may not be what you desired.
