Pros and cons of making a DIY will

On Behalf of | Jun 20, 2023 | Wills

As families in Georgia contemplate estate planning, they will no doubt look into having a will created. As with many services, online do-it-yourself (DYI) will services exist. A DYI will can be inexpensive. However, it could also mean headaches for those you leave behind once you are gone.

Do-it-yourself wills

With a do-it-yourself will, you completely create your last will and testament. The do-it-yourself service will give you forms. All you need to do is fill in the lines and get the results printed. The major pro of do-it-yourself wills is that they are less expensive than having a professional do the work. However, there can be a challenge when it comes to a do-it-yourself wills and probate.

For example, a do-it-yourself will could cost your loved ones and your estate a lot of money. The will’s validity could be challenged or contested in court if you don’t write it in a manner that can withstand objections.

Probating your estate and having your assets distributed to your heirs can take much longer if you don’t execute your will correctly. The probate court will need to address numerous problems that require resolution.

State laws and wills

Many do-it-yourself will websites offer a generic template that covers the majority of the bases for creating a will. However, each state has unique laws regarding will execution. Some do-it-yourself sites do not take this variance into consideration. For example, in some states, a set number of people must be present and witness the signing of the will. Other states require a notary public seal.

There are several benefits to preparing a will. However, before deciding on using a DIY last will, take the time to do your due diligence. The last thing you want is for your will not to stand up in court and cause more problems for your heirs.