If you choose to do estate planning yourself, then you can find that estate planning software has some advantages over hiring an attorney. The use of these legal software in preparing a will has its own benefits and disadvantages. If you have decided to forego legal help in an estate planning attorney, then you have to consider the advantages of using an estate planning software first.
The cost for estate planning with a software is very low in cost. This is because you will only need a computer, a printer and time to do it. Hiring an estate planning attorney is quite expensive, and if you compare it with using a software, the difference is substantial.
You get to save a lot of time by using an estate planning software. This is true since you don’t have to set aside time to meet up with your estate planning attorney. If you use software, you simply work on your own computer and if you are fast with computers, then your estate plan will be completed quickly.
Dealing with the consequences of your estate plan is no longer in your hands. This is a strange benefit, if it is a benefit at all. Many people really do not care about what happens as long as they are sure that they leave something for their heirs after they die. So if you estate plan is unacceptable to your heirs, then it is their problem. 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.
Sometimes people would rather do their own estate planning because they cannot handle working with an attorney and this is because they want privacy or they are simply shy people. Using an estate planning software will ensure 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 reason is very understandable.
You get to control things when you do your own estate planning. Hiring an attorney will divide that control.
There are some other benefits to estate planning software not included here. You should consider other options before using an estate planning software like hiring a competent attorney so that you will have a properly made estate plan.