3 Reasons To Set Up An Online Trust Drafting Consultation
Setting up a trust for the beneficiaries of a will is usually one of the primary jobs of any estate planning team. Traditionally, this has been done in a series of extended face-to-face meetings. Today, however, digital conferencing platforms allow for something entirely new: virtual legacy planning. If you are considering whether or not to draft your trust online, take a look below to learn more about just a few of the biggest advantages online trust drafting has to offer.
In an increasingly globalized world, accessibility is more important than ever before. It is no longer uncommon for a person's job to take them from part of the globe to the other, and therefore keep them from conveniently taking advantage of in-person estate planning services. Fortunately, online legacy planning is accessible to anyone with a solid internet connection, regardless of their location.
Consultations with Legal Professionals
If drafting your trust online as part of a virtual estate plan sounds daunting, don't worry. Both before and during your first draft, you will have access to a legal professional. They can advise you on how to handle particularly significant or complicated aspects of your trust so that you are confident there are no accidental breaches of compliance. Many sites offer a free consultation before you begin or a set number of consultations during the initial drafting process. Additional consultations may require you to pay a set fee or a time-based rate.
Revisions Made Easy
Just like life, your plans for your estate may change suddenly and dramatically. If you opt for in-person estate planning services, it may take some time in order to set up a meeting during which you can discuss the changes you want to make to your trust. It may then take even more time to make sure these changes are implemented. On the other hand, online legacy planning means that revising or editing the terms of your trust is easy. Most changes can be made within minutes by editing and updating your documents yourself.
While some people may prefer in-person estate planning services simply because these kinds of services are more familiar, drafting a trust online with the help of an advisor has a number of key advantages. If you can benefit from increased accessibility, legal expertise, and the possibility of easy revisions, there is no reason not to set up a consultation as soon as possible.
For more info about online trust drafting consultations, contact a local company.