Posts Tagged ‘Do It Yourself’
Do It Yourself Estate Planning Gone Horribly Wrong
Written by Christopher J. Berry, Esq. on July 24, 2008 – 3:55 pm -I have seen a few instances where clients have brought in their old “estate planning” documents that they have attempted to do themselves. Time and time again they are wrought with problems. Both the client and I are grateful that we were able to put a professional plan in place before anything happened and those documents would be tested.
A colleague down in Florida (read his blog here) has worked on a case where unfortunatly, an individual attempted a do it yourself approach and ended up costing his intended beneficiaires nearly $75,000.
That $50, internet form doesn’t seem so cheap when it costs $75,000 to your beneficiaries on the back end.
Tags: Do It Yourself, Estate Planning, Michigan ProbatePosted in Estate Planning, Michigan Probate, Personal Reflections, Trust Administration | 2 Comments »
