If you are someone wanting to prepare an estate plan with legal software, there are a number of options available for you. The use of these legal software in preparing a will has its own benefits and disadvantages. If you don’t want to hire an attorney to complete your estate plan then you should consider the benefits and cost of using a legal software.
Using an estate planning software is not costly. If you have a computer and a printer, you just need to invest some time in estate planning using an estate planning software. This is substantially less than what you have to pay if you hire an attorney to do the estate planning for you.
You get to save a lot of time by using an estate planning software. If you hire an estate planning attorney, you have to set up appointments to sit down with the attorney and discuss your plan, and this does not take a single meeting, but lots. If you can work fast with computers, you will be able to complete your estate plan fast since you don’t have to be explaining things to somebody else but simply draw up what you want for your estate.
If you estate planning is completed then the consequences no longer concern you. This is true but feels strange. The one thing that estate owners care about is that they leave something for their heirs and whatever happens after that is no longer their concern. So if there is a problem with the will they prepared then it is the problem of the heirs. This is true also if there is a lawyer that will help them; the consequences are still theirs to bear but someone is there to assist them in the settlement. Without a lawyer, it will be much more difficult for heirs to deal with the consequences If the will does not turn out favorable for some. although it is beneficial to you, your heirs will bear the burden.
There are people who are very private and there are some who are very shy, and these types of people will have a problem working with an attorney. With the use of estate planning software, you can do the estate plan yourself and keep your privacy. If the attorney is a complete stranger, it can be quite uncomfortable to reveal everything about your estate to him. Many people do not like the idea of reveling their personal assets and properties to someone whom they do not really know. This is a good reason to use estate planning software for your estate plan.
You get to control things when you do your own estate planning. If you hire an attorney it would seem like you are under his control.
Not all benefits of using an estate planning software are mentioned here. But before using an estate planning software, consider carefully the other option of doing it with a competent attorney, and weigh the pros and cons so that everything will be done correctly.