DIYInstitute.com has announced that its online estate planning service, Createmywill.com is reaching a milestone with the popular website nearing its 8 year anniversary in May. Through their unique online service, clients can download estate planning forms and attorney authored guides without having to pay the higher costs commonly associated with traditional methods of estate planning.

“The days of disposable cash are over,” said CreateMyWill.com creator and owner Jason Mcclain. “A few years ago paying for estate planning was something we considered the price of admission for having that service performed. Today, Americans are finding ways to cut expenses and do it yourself estate planning is another service that falls under that umbrella. We offer forms for all 50 US States, so someone can get California Last Will and Tesament forms quickly and easily.”

With the typical, average costs for estate planning attorney fees ranging from $2000 to $3000 the prospects of Createmywill.com and the practicality of Do-It-Yourself estate planning such as downloadable last will and testament forms and living trust forms have surged as the prospects of economical renewal stagnates.

“The deeper I delved into how to make the dream of every American being able to handle and manage their own estate planning needs; the more I realized how so much of the estate planning process can be streamlined and simplified free of legal speak and unnecessary jargon,” said McClain. “Providing this service for 8 years with continued growth is a testament towards the need for cost efficient means towards Estate Planning.”

The risk of having an outdated Estate Plan or no Estate Plan entirely could subject their heirs of an estate to extreme risk of financial loss due to laws regarding taxation. Utilizing Online Estate Planning Forms and Guides clearly and succinctly put forth a legal strategy maximizing the passage of assets and property onto heirs in a way specifically granted by the executor. Createmywill.com seeks to take a complicated matter, which many procrastinate over and never fully realize, and turn it into a simple downloadable form that makes starting the estate planning quick, easy, and cost efficient.

Taking the time to write a will now is one of the most important things you can do to not only protect your assets but to protect your children.

Losing a parent at any age is difficult, and making sure your child is cared for financially, emotionally, and physically will alleviate anxiety for both you and your spouse. You can prevent undue stress for your child and extended family should an urgent matter happen.

Selecting a Guardian, Trustee, and Executor

The first thing you’ll need to think about is a guardian for your child. For many families, this can be as simple as choosing the baby’s godparents or grandparents. Remember that the person or couple that you pick will be taking on the lifelong commitment of caring for your child. Here are a few questions when choosing a guardian:

• Do you have confidence in the individual(s)?
• Is your choice able to handle the physical requirements of being a guardian/parent?
• Does he/she have the time?
• If he/she has a family, are their kids close to the age of your child?
• Can you provide enough money to raise the child and if not, can your prospective guardian cover the costs?
• After you’ve made the decision, choose an alternate guardian to include in your will. He or she will take care of your child in the event that your primary choice is unable to do the job.

When first beginning a will, you should be on the people chosen as guardian(s) and/or trustee(s), not only in terms of parenting skills, but also managing money. These two roles can be separated.”

Many parents follow this route and select one person to care for their child (a guardian) and another to watch the accounting (a trustee). This is a wise choice for any family. “Thought should be given to writing guidelines for the guardian(s) and/or trustee(s) to follow, so they can make the same kinds of decisions that the parents would make.

After picking a guardian and trustee, you’ll need to name an executor: someone to carry out your will and complete the necessary paperwork after your death. For your estate to transfer successfully, these three people will need to work together. Think about how your choices for guardian, trustee, and executor will interact in your absence. To help things move smoothly, you may consider including a letter with your will specifying how you’d like your child raised and educated, how you want your funeral to be presented, and so on. Remember, a will isn’t just for stating who should get your assets or care for your children. There are many other things a will can be used for, such as making contributions to charity or donating organs, as well as specifying funeral arrangements. You can also choose your preferences for life support by creating a separate form called a living will.

If you have taken into consideration of making a will, you can simply go to www.createawill.com and begin creating your specific state will today.