Making Your Own Will
The average cost to get a CPA draw up and submit a Form 1040 and state return without itemized deductions is $176, according to Investopedia. An itemized form could cost up to $273 on average. If you prefer to have a CPA prepare your taxes, Williams recommends that you meet with them no later than March.
Rather than taking the will to an attorney, you may attempt to change the will yourself. Not all handwritten changes to a will may be valid, however. It is important to remember that state law governs the creation and revision of wills; therefore, you should check the laws of your particular state before making any changes to your will.
FreeWill lets you make your last will and testament quick, easy, and completely free. It is a simple online legal will maker that helps you compile will forms to print and sign, or to take as a basic will template to an estate planning lawyer. FreeWill is built alongside will making experts.
I agree with Ellen. A mistake in the drafting or execution of a will or codicil may produce some veru undesirable results. Better to have a professional do it. More
I would not suggest you change your existing will in this manner without an attorney. You may very well invalidate your entire will by doing so. While an attorney could add a codicil to your will, it would probably be a much better choice to revoke your current will and write an entirely new one in order to ensure your wishes are carried out.
If at some point you’ve taken the time (and likely spent the money) to go through the steps and complete your Estate Plan, you know that the process can be difficult, and for some, confusing or stressful. Estate Planning is an incredibly important part of safeguarding your loved ones and protecting your legacy.
Just knowing that changing a Will is fairly easy should put your mind at ease. But how do you know when to change it? Essentially, the “right” answer is this: your Will should be updated whenever you feel it’s necessary to do so.
It’s normal to feel a little anxiety about the prospect of having to change your Will. But most people find that, armed with the right information, they feel confident and ready to tackle the task. We’d even venture to bet that once you’re done, you’ll wonder why you waited so long to do it in the first place!