Welcome back. We are here to talk further about how you can begin estate planning in Cary NC by asking yourself a few questions. Though they might be difficult to answer, these questions will help you consider all options when it comes to writing a will. If you missed our previous blog, take a look at it before moving on.
Questions to Ask Yourself When Estate Planning in Cary NC
Do you have any chronic health problems? This is something that many people do not consider when planning their estate. However, sometimes attorneys will consider life expectancy to help you with your plans. If you have chronic health issues this may change things.
Have you met face-to-face with a lawyer? If you haven't, now is the time to consider doing so. There are so many things within the estate plan that need to be discussed and documented. It’s difficult to do this alone. Lawyers will ask all the right questions so that you’re able to document information that is necessary. If you haven’t already, consider making an appointment to talk with our estate lawyers now.
Have you thoroughly documented your wishes for the future in your will? This might seem like an unlikely question since we are talking about this very thing. However, sometimes, after reading over your documented information and wishes, you may find that you haven’t fully determined what your wishes are and how they should be carried out. If this is the case for you, be sure to take time to reconsider everything that is currently in your will and what needs to be added. As we mentioned in our previous blog post, working with a lawyer can help you with this. It helps you think outside the box and consider all options when it comes to estate planning in Cary NC.
Hiring a lawyer to help you with estate planning in Cary NC and to help write your will could save you time and the frustration of trying to figure out how to manage unusual situations. Our lawyers can help you write a will that is valid and free of errors. Even more, if there are any issues, they can help you correct them.
Sometimes, understanding the terminology used in estate planning is difficult. It's also something that can easily be misinterpreted if you are unsure of the meaning. If there is vague or misused language, it can cause confusion among your family and may mean your wishes will not be carried out as you had planned. Our lawyers can help with this.
Once your will is in place, it is good practice to review it once a year to see if updates need to be made. Major life events, such as a birth or death, marriage or divorce, or an adoption or guardianship can affect how you want your assets to be distributed.