Video – The Most Expensive Estate Plan You Can Buy: How Cheap Forms Can Cost Thousands

July 10, 2020

What are the most expensive estate planning documents you can buy? The kind that don’t work when you need them to. Hiring cheap lawyers or buying DIY documents can be one of the most common errors made when hiring attorneys.

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With a cheap lawyer or DIY estate planning documents, signing them incorrectly is easy to do. Hiring the right lawyer for the job can make all the difference in the world. It can mean the difference between years of family members bitterly locked in court or being able to focus on grief and mourning as they remember you. It can mean the difference between your living or dying the way you want, when you want.

Whether you need a will, a trust, a living will, an advance health care directive, a durable financial power of attorney, a health care power of attorney, or guardianship nominations to take care of you kids in the event something happens to you, these documents only work the way you want them to work if you sign them correctly.

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Signing requirements under the law are technical and sometimes tricky. What can go wrong? That’s what you will learn in this video. After more than 25 years of law practice, attorney Greg Gordillo has seen every kind of family and business fight. Here, he describes how clear, binding legal documents like a well drafted and properly signed estate plan keeps families and business owners out of court and out of conflict.

Those who don’t have the right legal documents in place can cause grave consequences. Like the story of Terry Schiavo and her family who got locked in court and had laws passed by the State of Florida and the United States Congress and got a United States President to leave his vacation at 1:00 a.m. to keep Mrs. Schiavo alive like her parents wanted but against the wishes of her husband. Learn how the absence of the right estate planning documents caused all this turmoil and left Terry Schiavo in a vegetative state for 15 years before she finally passed away peacefully when her feeding tube was removed.

Or hear the story of the octogenarian father mistakenly thought he had an advance health care directive only to learn at a time too late to fix his improper signing.

Covid-19 makes us more aware than ever before of our own fragility and mortality. Having a sound estate plan in place gives us an important feeling of control that comes from knowing our legal affairs are in order and we have protected our loved ones from the costs of a plan that fails.

The increased use of cheap and DIY estate planning documents today makes more likely that courts int he future will be clogged with litigation and disputes over poorly drafted and executed wills, trusts, and powers of attorney documents.

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