No matter what kind of trust you are creating, the temptation exists to create these seemingly simple documents by yourself without consulting your attorney.
The truth is that a trust is simply a way to accomplish your goals. While you may believe a specific kind of trust is best suited to your desires, that isn’t always the case. Even though do-it-yourself trust document services will sell you any document you want that will allow you to fill in the blanks, that doesn’t mean the document will be useful, nor that it will be legal. Due to the complex web of laws that need to be considered in creating a valid trust that will fit your circumstances and goals, it is extremely unlikely that a novice will get it right.
An experienced and qualified estate planning lawyer knows how to create a trust that serves your specific goals, and do so in a way that will not result in hardships down the road.
Because trusts are private you may not realize that you’ve made a mistake in creating one until it is far too late. If it ever comes time for judge to determine whether or not your trust was properly created, you will not be able to use the excuse of not understanding the law or not consulting an attorney. If your trust is improperly formed, it will not be recognized as a valid document, a decision that could seriously damage the interests of you and your family.