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Lombard estate planning attorneysIf you have started looking into creating an estate plan, you may have come across advertisements for do-it-yourself estate planning or will creation services. At first glance, these services often look very appealing. The advertisement may claim that creating an estate plan through the DIY program will save you time and money. It may even explicitly state that you do not need a lawyer to create an estate plan. Unfortunately, these advertisements lead many people to make estate planning mistakes that end up costing them (or their surviving loved ones) much more time, money, and frustration than they would have spent through traditional estate planning.

Only a Lawyer Can Offer Personalized Estate Planning Legal Guidance

One of the major limitations to online DIY estate planning is that it is a one-size-fits-all approach to drafting an estate plan. There may be several basic documents available such as a will, healthcare power of attorney, and financial power of attorney available through a DIY site, but not lesser-known estate planning instruments. Unlike a website, an estate planning attorney can help you figure out which documents will best fit your needs and which documents you can do without.

Consider this example: A mother with a severely disabled teenaged son is worried about how her son will have access to a home health aide and other necessities once she passes away. She creates a will using a DIY website and assigns her son a significant amount of inheritance money. Unfortunately, when she passes away, the money that was left to her son causes his assets to be too high for him to continue benefiting from government aid programs. If the mother had consulted with an estate planning attorney, the attorney could have helped her set up a special needs trust or another estate planning instrument that would allow her son to receive his inheritance without losing access to necessary government aid.

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