Posts tagged Do It Yourself
WARNING – USE AT YOUR OWN RISK! The Cautionary Tale of the Case of Ms. Aldrich

"Obviously, the cost of drafting a will through the use of a pre-printed form is likely substantially lower than the cost of hiring a knowledgeable lawyer. However, as illustrated by this case, the ultimate cost of utilizing such a form to draft one’s will has the potential to far surpass the cost of hiring a lawyer at the outset."

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Are You of Sound Mind? - Planning for Potential Contests to Your Estate

I just finished the new John Grisham book Sycamore Row. I am not normally a big fan of legal fiction because I spend so much of each day in legal reality; however, this story intrigued me because it involved a dispute over an estate. The story begins when a wealthy businessman, Seth Hubbard, who is dying from cancer, commits suicide. Quickly we learn that just days before his death he had revoked a will that had been carefully prepared to provide significant tax benefits and replaced it with what is known as a “holographic” will. A holographic will is a will that is in the handwriting of the person making the will (the Testator) and the will signed by the Testator generally without witnesses

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My DIY Project - Gone Awry

I was working the other day on what I thought was a “minor” repair in or bathroom. Eight hours later and having already spent more than I expected I was faced with the prospect of bringing in a professional to “fix” my do-it-yourself (DIY) project. I had all the right tools, but what I lacked was the experience and know-how to complete the project correctly. This caused me to reflect on the oft asked DIY question when it comes to estate planning.

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