Most people should have a will. Some say the only reason a person shouldn’t have a will is if they dislike their family. Don’t leave your wishes and possessions to be decided by the state’s laws. Instead create a will that will name executors, guardian, forgive debts and who gets your property when you die.
People want to do the right thing for themselves and their families. But, all too often, their good intentions have tragic results. The sad part is that not understanding all the details of probate and a correctly prepared Estate Plan often bring complicated, drawn-out probate processes when the loved one dies. If they had just known what could happen, chances are they would have done things differently. Sometimes a will alone is not what will best serve the decedents’ wishes or the family left behind. This is where a trust may be the answer. If you like the idea of having your loved ones avoiding probate or planning for incapacity, we are here to discuss this option with you and provide all the scenarios to help you make the best decision for you and your family.
What Should You Do?
As you can see, there are many points listed here, plus there are likely more questions that may apply in your personal situation. There are personal considerations, various legal questions and potential outcomes that should be discussed before developing an estate plan that will accomplish your goals. The best advice we can give you at this point is to contact us for an initial conversation.
Estate Planning Options
- Power of attorneys (including healthcare)
- Living Wills
- NC Statutory power of attorneys