Tuesday, September 14, 2010

DIY Estate Planning Reviewed in NY Times

I swear I didn't learn about this NY Time article when I wrote yesterday's post. Tara Siegel Bernard used LegalZoom.com, Quicken WillMaker Plus and a program called Legacywriter to prepare wills (Tara lives in New York, where the vast majority of estate plans are will-based), and then had New York estate planning attorney Laura Twomey review the plans. The verdict: although it is possible to do it yourself, there are still a lot of questions that arise thare require an attorney's help.

This will probably not be enough to discourage the true do-it-yourselfer, but it illustrates how taking the law into your own hands will always entail some level of risk.

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