Just as making a will without the help of a qualified attorney can be dangerous, trying to change an existing will on your own can fail as well. A recent court decision in Minnesota serves as a cautionary reminder to anyone thinking of altering their estate plan on their own. Strohschein Law Group is here to protect what matters and just a phone call away to save you money and potential heart ache.
Here is an interesting point of view that most estate planning attorneys would agree with. We know it is easy to run to an office supply store or even grab forms from the internet that guide you on how to write your own will, but it really isn’t ever as “simple” as you imagine it to be. There are several issues that need to be thought of and addressed when preparing documents such as a will, powers of attorney, and a trust and you don’t want loop holes to cause trouble for the family that ends up in probate. The unexpected can be planned for and consider issues typically not thought of.
The probate process includes filing a will and appointing an executor or administrator, collecting assets, paying bills, filing taxes, distributing property to heirs, and filing a final account. This can be a costly and time-consuming process, which is why some people try to avoid probate by having only non-probate assets.