The attached article from Forbes.com discusses some of the problems with do-it-yourself estate planning. As I have written about before, some of my colleagues fret about the loss of business in the short term from people utilizing on-line services to prepare their own estate planning documents. I take a more long term approach and realize that a large percentage of these documents are going to result in problems and a fair amount will result in litigation. Therefore, over time estate planning attorneys who do estate and probate litigation will benefit from this phenomenon!

Read the entire article here:

http://www.forbes.com/2010/09/07/do-it-yourself-will-mishaps-personal-finances-estate-lawyers-overcharge.html?partner=alerts.

Consider yourself warned! I always tell my clients “you don’t know what you don’t know!”