Creating your first estate plan can be a difficult process, especially if you don’t have any sort of legal or academic background. However, estate planning is definitely something that you should consider, especially if you have a lot of assets or personal wealth.
Luckily, there are a range of estate planning professionals or experienced family lawyers available to help you put together your own estate plan. These people range from lawyers to accountants and qualified financial planners, and I’d definitely recommend speaking to one about your estate plan.
My top 5 reasons to use an estate planning specialist include:
- It’s just easier
Although some will tell you that you can’t create your own estate plan, this simply isn’t true. It’s more than possible to put an estate plan together on your own, but it’s not always easy.
For me, this is probably the main reason to use a qualified estate planning expert. Since they will know exactly what they’re doing, they should be able to help you put your estate plan together in a lot faster and with a lot less stress than if you tried to do it yourself.
- They will help you save money
In the end, the main goal of an estate plan is to maximise your tax benefits and financial gains, which means that anyone who can help you save money will be worth their weight in gold.