Looking to make a will. Anybody have any suggestions? Are online ones any good or do I need a proper lawyer? Things to look out for?
If you have a net worth more than what it would cost to put you in the ground, you need a lawyer.
Almost every time I’ve been to update my will, we improve it and it more closely reflects my wishes. For example, I recently found out that if I were to pass unexpectedly, my FAMILY (with whom I do not have a relationship) would receive my home, NOT my partner. The lawyer also helped me find an equitable way to distribute my assets to my friend’s children that covered more scenarios than I’d imagined.
A number of years ago, my spouse and I decided to create a will as we were worried about our daughter not being taken care of if something bad happened.
After investigating options to do it ourselves, we decided to pat a lawyer $1500+ and ended up very glad we did. There were serious considerations that hadn’t even crossed our minds. It also was built such that it was applicable even after she reach adult age.
My recommendation is to get a lawyer, especially if you have dependents, real estate, or other substantial investments.