What Are the Pros and Cons of Do-It-Yourself Wills

For more information, visit: www.lawdepot.com/?pid=pg-BFYMIBUINL-generaltextlin… A will, formally referred to as a last will and testament, is a legal document that is created and executed by someone — the testator — which directs how the testator's assets are to be distributed upon his or her death. An individual may choose to retain the services of a wills and trusts attorney to create a will, or he or she may choose to create his or her own. Do-it-yourself wills, as with all do-it-yourself legal documents, have pros and cons for anyone who chooses to use them. Among the pros of do-it-yourself wills are limited cost, simplicity, and the ability to change the will frequently. Among the cons of do-it-yourself wills are the absence of legal advice and the inherent limitation of do-it-yourself wills where complex estates are involved.