Estate Plan Software for Attorneys: Is it Worth it?

Share via

As a successful estate planning attorney, it’s important to keep up with law marketing trends. This is mostly because it gives your practice an edge over your competitors. Estate planning is an intricate process that, in this age and day, requires an automated document management system. Preparing, securing, and managing estate planning files can be a tedious task that may require many hours of manual work. An automated system can make things much easier and less frustrating for you while ensuring the utmost ensure efficiency in your practice.

Additionally, estate planning requires high levels of organizational skills. You don’t want to subject your clients to your personal assistant’s typos and other mistakes. In a nutshell, estate planning software can do wonders in your practice as an attorney. But is it really worth it? Why use estate planning software?

1. Less Stress in Your Practice

From ensuring that the right assets are marched with their rightful owners, to maintaining an up-to-date list of beneficiaries, keeping wills in order and updating the clients’ named trustees, these tasks can be quite challenging and time-consuming, especially for an attorney with more than just a few clients. Andy Steggles from Beyond Counsel says that using an estate or will planning software can make things much easier for any estate planning attorney, thus improving efficiency and boosting the reputation of their legal practice. With your clients’ legal file and document management automated, you will have less stress and more time to utilize in other areas of the business as you expand your practice.

2. Reduces Estate Planning Costs

Given the complex nature involved in estate planning, there are so many costs associated with the process. A wise lawyer knows what their target legal consumers look for. Well, most of today’s legal consumers have become savvy and are looking for law firms that give them value for money. Using an estate planning software can help you to cut tax and court expenses, meaning that you’ll not be charging your clients for the probate process.

3. Security

Image source:

Moster times, estate planning also involves handling sensitive private information. In the wrong hands, this information can be used in the wrong way, especially by dissatisfied family members who may decide to challenge a will. It’s, therefore, important that such information is treated with the care it deserves. Some documents may include/contain:

  • Medical history
  • Family relationships
  • Financial records and assets
  • Title deeds and logbooks

As you can see, these are sensitive documents that if lost, could lead to serious consequences and liabilities. A good estate planning software will also ensure that such confidential information is safe and secure.

4. Less Room For Errors

The simplicity utilized in estate planning software makes it easy to manage your client list, document management, and boosting staff productivity. In addition to this, using an estate planning solution will help you to customize the estate planning documents depending on the clause preferences and terms. This helps to reduce the odds of making mistakes and errors.

5. It’s A Client-Friendly Solution

As a successful estate planning attorney, you know all too well that your clients are the backbone of your practice. This means that they should come first in all that you do. Manually handling estate planning tasks, as iterated earlier, can be tedious and time-consuming. This means that you don’t have enough time to attend to your clients or other matters and at the end of the day, it weighs down on your efficiency. A simplified estate planning process that is to the specification of the clients means a happy customer, which is exactly what the estate planning software provides.

Utilizing an estate planning software will ensure flawless execution of the estate planning process, allowing you to attend to more clients. So, if you’re looking for ways to save time and money and at the same time increase your client base, an estate planning software is the way to go. To get back to the title question, estate planning software is well worth it!

Share via
Smith Willas is a freelance writer, blogger, and digital media journalist. He has a management degree in Supply Chain & Operations Management and Marketing and boasts a wide-ranging background in digital media.