Your Will

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ATTENTION: There have been reports of phone calls and texts coming from an unknown number starting with the area code "805" impersonating Clear Mountain Bank.

Please be advised that this is NOT a call from Clear Mountain Bank. If you receive this call or text, DO NOT give them any information and hang up immediately.

A quick reminder that Clear Mountain Bank will never ask for your personal or bank account information over the phone. If you need a quick refresher on some fraud prevention tips, visit https://www.banksneveraskthat.com/

As an early step in estate planning, you may be tempted to write your own will. There are some excellent reasons why you shouldn’t. While do-it-yourself wills may be cost-effective and make the process of will creation relatively simple, they also have shortcomings.

DIY wills tend toward the basic and generic. The more complex your estate, the more their templates, and language may prove insufﬁcient. They are written to comply with laws in all 50 states, but not necessarily laws speciﬁc to your state. Estate tax law itself can vary widely from state to state. (A person who owns homes or rental property in multiple states, for example, may be poorly served by a DIY will.)

Their ﬁne print warns you not to trust them fully. Typically, a DIY will contains a disclaimer that tells you to consult an attorney, stating that the information they present does not represent legal advice.

Write or revise your will with the help of estate planning professionals. The expense is worth it, especially if your estate is not small.

Clear Mountain Financial Solutions and LPL Financial do not provide legal advice or services. Please consult your legal advisor regarding your specific situation.