Penny Wise and Pound Foolish Estate Planning by


Penny Wise and Pound Foolish – The Downside of “Bargain” Legal Services


You just got married…

Or had your first child…

Maybe started your own business…

Being a responsible person, you know that any of these major life changes means that you need a will and possibly other estate planning documents to make sure that your loved ones are taken care of if something happens to you.

So you go online and find one of the “do it yourself, only as you need it” legal document sites. Or maybe your cousin just passed the bar and you get him to do a quick will for you at a really cheap price. You don’t need anything complicated.

Now…fast forward 5 or 10 years.

You die unexpectedly and you haven’t kept any of your estate planning documents up to date because you thought, hey, I have a will. What else do I need to do?

If you haven’t kept it up to date, chances are really good that “bargain” will isn’t worth the paper it’s written on. And here’s why.

Darlynn Morgan is an attorney, speaker and a mom. Darlynn makes it easy for your family to talk about and plan for tough subjects like money, death and taxes. Visit for more resources on how to make sure your family is totally protected if the unthinkable happens to you.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darlynn Morgan, Morgan Law Group | Attorney Advertising

Written by:


Morgan Law Group on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.