Estate Planning Has Never Been More Imperative
As unfortunate as it is to say, the pandemic COVID-19 has brought the reality of potential death and illness to the forefront of everyone’s minds. That being said, if you’ve been putting off preparing an Estate Plan, Will or Trust, it is IMPERATIVE that you consider the consequences… not necessarily to you but to your family, friends, and loved ones.
During a crisis as significant as COVID-19, we are seeing more and more people discover the importance of preparing for the possibility of becoming seriously ill or even passing away as a result of the exponential growth of this virus. As such, news outlets are reporting that online Will making websites are experiencing a drastic increase of Americans creating low cost online generic Wills and Estate Plans.
While there can be little doubt that spending the time preparing a Will is a sound idea and certainly will benefit your loved ones, the idea of an online Will, when you really look at it, should terrify you.
Let’s break this down. Imagine John for a moment. John is 58 years young and has spent his entire life, planning, saving, preparing, and protecting his family. John has skipped unnecessary vacations to save money, aggressively paid down his mortgage, invested wisely, and tried his utmost to be a good custodian of what he has been blessed with. John, we can all agree, as been prudent.
John, in the midst of the COVID-19 crisis, could not be anything other than a fool to genuinely believe that an online Will that he can complete in under twenty minutes and cost him between $40 to $300 could protect his loved ones with the same level of care as he has for the last 58 years.
As a Durham Estate Planning Lawyer, we see this mistake happen all too often. Moreover, we’ve seen what happens to families that don’t have plans in place. We understand the reality and costs associated with your loved ones having to probate your estate at the courthouse or deal with a costly mistake.
While having no estate plan can have serious ramifications, it may not be much better to prepare an online low-cost Will. As a Durham Estate Planning and Litigation law firm, we are constantly trying to educate the community about the importance of having the right plan in place, and the peace of mind that knowing that an experienced and knowledgeable estate planning lawyer has taken the time and energy to properly draft and understand the archaic and complex laws surrounding estate planning in North Carolina.
Call us today for a complimentary consultation. At Pierce Law Group, we understand the importance of designing and executing the perfect plan to protect your loved ones. Contact us today and request a free consultation with a Durham Estate Planning Lawyer.
