Can I write my own will in Tennessee? That's a question I get a lot in my estate planning 101 workshops that I've been hosting for over a decade. I have heard this question so many times, and it's a fair question.
With rising gas prices and food prices, everything seems to be getting more and more expensive. We're all looking for ways we can trim costs. So is estate planning one of those areas? With the rise of AI tools and all these legal form generators, is that a good idea? Well, the question I think that we should be asking is not, can I write my own will in Tennessee, but should I write my own will if I'm living in Tennessee?
And there's a difference. Just like my parents told me as a child, just because you can doesn't mean you should. Maybe you've had that experience when you are painting a room and you decide I'm going to do it myself and then it all goes wrong. Sometimes there are areas where we just need to call a professional in. And in my opinion, estate planning is one of those areas.
Now I know what you're probably thinking and it's what I tell all of my attendees at my workshops. I know you're thinking, of course Natasha, you're a lawyer. You want to make the most money possible. So you're going to tell me that I need to go to you to get an estate plan. But here's my response. If I wanted to make as much money as possible, I would tell everyone to go and write their own wills.
You want to know why? Because I make way more money fixing your mistakes.
That is right. Some of the most complicated, messy estates that I have administered in my over 20 year career in this area are estates where people wrote their own wills.
I go into more detail about the potential issues that may arise from choosing to try to just do things on your own in the video below.