When it comes to estate planning, many families wonder: “Can I just do this myself?” It’s a fair question, especially when money is tight or you’re trying to take control of your financial future.

But here’s the truth: DIY estate planning may save money up front, but getting it wrong could cost your family thousands of dollars, unnecessary stress, and even the loss of assets you worked hard to build.

Let’s break down the real cost of doing it yourself versus hiring professional help, and help you make a confident, informed decision for your loved ones.

What Is Estate Planning? Why Does It Matter?

Estate planning means creating legal documents that protect your family, your assets, and your wishes after you pass away or if you become unable to make decisions.

At a minimum, an estate plan includes:

• A will or trust
  
• A power of attorney
  
• Health care directives
  
• Beneficiary designations on accounts or policies
  

For underserved families and first-time homebuyers, estate planning ensures your home, savings, and belongings stay in the hands of your loved ones, not the state.

DIY Estate Planning: What It Offers—and What It Risks

The Pros of DIY Estate Planning

• Low cost: Online templates and kits range from free to $100.
  
• Convenience: You can do it on your own time.
  
• Control: You know exactly what’s in your documents.
  

The Cons of DIY Estate Planning

• No legal guidance: Templates can’t answer your questions.
  
• State laws vary: What’s legal in one state might not work in another.
  
• Mistakes = delays or denial: An improperly signed or outdated will can be thrown out in court.
  
• No planning for unique situations: If you have minor children, debt, or property in different states, you need more than a one-size-fits-all form.
  

 “My father used a free will template online, but after he passed, the court said it wasn’t valid. We spent over a year in probate.” — B’resheet client story

Professional Estate Planning: What You Get

The Benefits of Working with a Pro

• Legal accuracy: They understand state-specific laws and probate rules.
  
• Customization: Get a plan that reflects your unique situation, like blended families or owning a small business.
  
• Peace of mind: Know your documents are correct and up to date.
  
• Long-term savings: Avoid probate fees, family conflict, and legal battles.
  

According to Investopedia, the average cost of hiring an estate planning attorney ranges from $300 to $2,000, depending on complexity. It may sound steep, but compare that to thousands in probate fees or months in court.