You Need a Custom Estate Plan
Many people assume that an estate plan is a relatively easy tool that can be completed in
a matter of minutes by downloading documents from the internet. This is why many
people attempt to do their own planning. It’s important to understand how beneficial a
custom plan can be for you and your life and how worthless a generic is. Take a look at
the information below, to better understand the importance of a customized estate plan.
If you have any questions, or if you’d like to begin creating your estate plan, contact an
estate planning attorney.
Not all estate plan documents are one size fit all. Depending on your individual
needs, a certain document may not be recommended and the documents need to
be customized to meet your personal and financial situation. It’s important to
work with an attorney so that you’re able to have a plan that is appropriate for
you. Your attorney will be able to recommend the best documents and tools for
your individual plan.
With a custom estate plan, you’re able to fully cover all of your needs. Some
people choose to only create a will, and then find that they’re unprepared for
certain life events. With the use of a full custom estate plan, you can ensure that
you have a plan in place so that you’re able to protect yourself and your loved
All estate plans need to be updated. If you work with an experienced attorney to
create your plan, he or she will be able to easily help you with your future
planning needs and your family will know who to go to for help. By
understanding your customized plan, it’s easier for an attorney to recommend
future necessary work and updates so that your plan continues to work.
A generic plan may not work, meaning that it won’t do what you want it to do.
As a layperson, you likely won’t understand the choices you need to make and the
consequences of making the right or wrong choice.
Don’t fall for a cheap or do it yourself estate plan. Instead, hire an experienced attorney
so that you’re able to get the plan that you deserve. You’ll have more peace of mind,
knowing that your family is protected.
Experienced estate planning attorneys Davenport IA of the Duffy Law Office offers
estate planning and business planning resources to residents of Davenport IA. To learn
more about these free resources, please visit http://www.duffylawoffice.com today.