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Reply to "Estate planning-each person does their own will or do one together?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I really don't get people's reluctance to handle this incredibly basic task of getting a will, financial power of attorney and health care documents. Don't you want the right people making decisions for your finances and healthcare choices if you're in a coma and can't communicate? Don't you want to have the right people raising your orphaned children instead of leaving that choice to a court? Don't you think it's worth it to thoughtfully provide a legal structure so any money you leave them is used responsibly to get them to adulthood? Getting basic legal docs in place is not more likely to make you die. We are all going to die someday. Please take care of your loved ones and don't leave them a financial and logistical mess along with the grief of losing you.[/quote] I'll tell you why, it's because it's $$. If it were a cheaper, easier process (even like filing your taxes), everyone would have one.[/quote] NP and I can tell you that for the vast majority of cases using one of the off the shelf products will be sufficient (i.e. Nolo Willmaker). If you have enough assets that your situation is complicated enough to need an attorney then you've got enough money that you're just being cheap not getting it done. [/quote]
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