If you are someone wanting to prepare an estate plan with legal software, there are a number of options available for you. There are many benefits to using legal software in preparing your will. 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.
When using a legal software you may benefit from having a low startup cost. What you need for estate planning using a software is a computer, a printer and a lot of time investment. Hiring an estate planning attorney is quite expensive, and if you compare it with using a software, the difference is substantial.
Using an estate planning software can save you a lot of time. You will spend a lot of time discussing your estate plans with an estate planning attorney. 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.
Dealing with the consequences of your estate plan is no longer in your hands. This is true but feels strange. 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. The thing though is that even with the help of an estate planning attorney, the consequences will still have to be dealt with by the heirs except that they have a lawyer to turn to for assistance. 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 you hire an attorney, you will need to reveal everything to a complete stranger unless he is related to you somehow. 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.
With an estate planning software, you are in control of everything. Hiring an attorney will divide that control.
There may be other benefits for using an estate planning software that are not 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.