How to Create an Estate Plan Part Two

Welcome back! Our lawyer in Raleigh NC is back to talk more about estate planning and how to create a plan. In our previous blog post we talked about how to create a will, what to include in it, as well as various options for similar documents. Be sure to visit back with that blog post to learn more.

Create a Plan | Lawyer in Raleigh NC

The second step of state planning is naming the beneficiaries. These could be loved ones, children, spouse, parents or other people who are near and dear to you. You might name one beneficiary or several. It depends on your situation. You can work with a lawyer to come up with your list of beneficiaries.

As we stated above, you will use your will to leave these positions to your beneficiaries. It should be clearly stated with in the will what you’re leaving and who is receiving it. If you choose not to leave belongings to immediate family, you should consider adding the reason why you’re leaving them out. That way, there won’t be any legal in differences in the event of your death.

We hope this information helps you better understand how to create a will. Please know that you can contact our lawyer in Raleigh NC at any point to help. For more information please visit back with our next blog post soon.

Klish and Eldreth PLLC

Estate planning is important. It’s a way to ensure your loved ones are cared for after you’ve passed. It’s also a way to distribute your belongings to specific loved ones as well. It’s important that one not pass without this document. Doing so can result in a court case that will leave your loved ones stuck in probate court. This could be not only time consuming but expensive as well.

For more information on basic estate planning from our lawyer in Raleigh NC, be sure to visit back with us, soon! If you have questions about the information you’ve received here, contact us. We are here to help.

 

Comments are closed.