Oftentimes, we review previous blogs and the information you can find in them. These articles are very easy to read and hold tons of quick tips for estate planning in Raleigh! Below, you'll find several tips that will help beginners with their plans!
Estate Planning in Raleigh - Quick Tips!
- Select an Executor. In the event of your death, someone will be responsible for carrying out your wishes within your estate plan. This person can be a spouse, best friend or other loved one that you trust. They should also be in a good mental state and able to make decisions on your behalf. This will be an emotional time and could be difficult for your spouse and other loved ones. Take that into consideration when choosing your executor.
- Work With an Estate Lawyer. We’ve said it before, but many people choose not to work with a lawyer. They think they have a good idea of the things that should be included or updated within an estate plan. Unfortunately, that doesn’t mean that everything is covered without issues. Trusting an estate attorney in Raleigh NC might be a great way to ensure your plan is legal, covers every avenue and won’t cause your loved ones unnecessary problems after you’re gone.
- Name all Beneficiaries. If you have life insurance or a retirement plan, you can name a beneficiary who will have control of the funds when you are gone. If someone is not named, the funds will go to the estate and may be subject to probate. The funds may also be subject to estate tax. Make sure the beneficiaries named on your policies match the records in your estate plan to avoid confusion.
We hope these tips help you with your beginning stages of estate planning in Raleigh! If you need help call now!
Are you over the age of 18 and still don’t have a will in place? If so, consider drafting one. A lawyer in Cary NC can help you get everything documented and finalized. It’s never too early, or too late, to create your estate plan, but the sooner the better.
Our lawyer in Raleigh NC is here to help you get your estate plan in order so that everything will be ready should you pass in an untimely manner or become incapacitated at some point. It’s better to be safe than sorry when it comes to an estate plan. Contact our us to get started estate planning, today.
Estate Planning Raleigh | Klish and Eldreth, PLLC
As always, feel free to contact us with any questions or concerns you may have about estate planning. Also, contact our lawyers to schedule a consultation if you have yet to start estate planning. It's never too early to make plans for your wishes upon death. In addition, we are here to help you with all your legal matters, whether it be divorce, child custody, trademarking, copyrighting, or DWI issues.