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We would all like to save money. We tend to think that our needs are simple, forgetting that often the law is not. Should you use an online will? Have you considered how a good elder and estate planning lawyer can help?

In a December 5, 2019 article on retirement planning, a New York Times writer explained,

“If you are young, single or have limited assets: You can probably get the job done with do-it-yourself estate planning software…
“If you have a family or significant wealth: You are better off with professional legal help. Even if you are using a good software program, “you don’t know what you don’t know,”…For instance, it may make sense to create a “revocable” trust to hold assets so they can be more easily distributed after your death. A good lawyer will make sure to fill in those gaps.”

  • A good elder and estate planning lawyer will do more. She will counsel you and guide you to achieve the result you want now and when you are gone.
  • In Texas, a lawyer can help you remove your home and your car from probate and from the possibility of Medicaid Estate Recovery.
  • A good elder and estate planning lawyer can advise you on how to hold your bank and brokerage accounts and how to have them pass automatically outside of probate.
  • A good elder and estate planning lawyer can help you make sure that your assets pass in a way which will encourage education and enterprise and preserve any needed government benefits.
  • A good elder and estate planning lawyer can help whom you want access your online accounts when you want without inadvertently committing a federal crime.
  • A good elder and estate planning lawyer can tell you when you and your heirs would be better off without a Will.
  • A good elder and estate planning attorney can help you get a team in place and delegate as needed to keep you in charge of your own life.

So far, none of these things can be one with an online form.

 

Elder law attorney, Terry Garrett, is a member of the National Academy of Elder Law Attorneys and is an Approved Guardianship Attorney. She assists people in elder law, estate and special needs planning, guardianship and settling estates. She graduated with honors from Cornell University. She was on the Dean’s List at Wharton Business School. She earned her J.D. at Columbia Law School, receiving the Parker Award and a Mellon Fellowship.

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