From turning old doors into tables and fruit crates into shelving to doing your own landscaping, the world of DIY has seen stupendous growth and popularity in all kinds of niches. The number of people binge-watching HGTV and other similar programming is growing.
When DIY is kept to the limitations of crafts and Pinterest projects, it’s a fantastic hobby. You can come with creatively beautiful results that end up also having a purpose. However, that does not stand true when specialty projects are involved.
For instance, will you ever try to construct your own home from the foundation up? Unless you’re a contractor, the answer is likely in the negative.
Similarly, serious life decisions that involve the future of you and your family can’t be made without professional expertise. Estate planning in NYC is as serious as it could get as it concerns posthumous asset management, inheritance, and potential beneficiaries.
Risking a DIY will is a big step that can end up with bad consequences for your family and yourself. A will lawyer in NYC will have the proficiency and experience-driven expertise that will allow you to fortify a will that stands up in court and transfers your assets to its rightful beneficiaries without creating trouble.
What can potentially go array?
Chasing after money
One of the main forces driving people to create their own will is the cost. People assume that they can get away with using an online will kit and create their own will, saving a lot of money. Well, it is true that wills can be created for a few hundred dollars. However, one wrong move can end up costing your family a lot more money later.
If the court claims your will is invalid or somebody ends up contesting it, the costs for proceeding start piling up. However, the monetary cost involved with probate is not the only consideration.
The time and emotional labor that goes into going through the probate process also has to be accounted for.
A will lawyer in NYC can help avoid the comeuppance of a complicated situation with the will by preventing them while you’re drafting it. They’ll bring their objectivity, which can be crucial in avoiding the creator acting on coercive justifications.
Leaving blank spaces
Any will lawyer in NYC will attest to the fact that many complications arise with wills when creators leave blanks in the documents. With wills, specifically, the failure to use testamentary language is often the root of many problems.
Furthermore, lack of certain supplementary documents, such as an agreement of separation (in case of legal separation), living wills, etc. impact the distribution of assets. Missing signatures can completely void the document. Further lack of knowledge regarding the New York-specific estate planning legal structure can hurt the execution of the will.
Having a will lawyer in NYC guide you through the process will ensure these issues don’t arise when your family tries to figure out the will and grieve their loss. Their acumen can be an asset in these situations.
Cookie-cutter solutions are a no-go
The availability of already curated online will kits is a beacon for DIY enthusiasts. In order to save money, they rely on these standardized forms and layouts to make some of the hardest decisions.
While these kits are great for a handful of people, they certainly don’t offer personalized estate planning in NYC. The kits are one-size-fits-all, completely omitting the wiggle room for individual requirements.
Across New York, you will find a wide diversity in the types of people, their finances, assets, etc. A generic will format won’t be able to accommodate these differences.
Even though wills are not the most complicated documents to draft, a will lawyer in NYC can provide insights and advice that can simplify the whole process.
Are there any pros?
While the case against DIY wills is pretty strong, there must be a reason why people gravitate towards them.
What’s the reason? False advantages.
One of the biggest misconceptions people have is that the simplicity of their estate doesn’t call for a will lawyer in NYC. In reality, a lack of knowledge of the field can muddle even the most straightforward cases.
And then, there is the cost.Yes, creating your own will can save you time and money. But what’s the guarantee you won’t incur costs later on?
With that, we can say with a certain assurance that having a will lawyer in NYC at your side is a ball in your court. Their overarching legal acumen, advice, and experience will only better your situation.
Considering that you are writing the will for the security of your loved ones, there is no sense in risking complications. It may run you a bill now but it will surely give you peace of mind that is priceless.
