Are you taking care of an elderly loved one or in charge of finances for a friend or family member? If so, there are a few things that could become complicated with their estate planning. Below, you'll find a few ways to avoid undue influence, should it become an issue for one reason or another. If you missed our previous blogs, and aren't sure what undue influence is, be sure to visit back. Also, contact our lawyer in Raleigh NC with any questions you might have.
Avoiding Undue Influence | Lawyer Raleigh NC
- When you are offering to work for someone elderly or in poor health for pay, such as helping to take care of them or cleaning their home, have a simple contract drawn up explaining the arrangement. This will protect you from someone alleging that you are simply taking money from that person.
- Transparency is important in businesses, but it is also important in relationships, especially when you are dealing with someone who is in what could be deemed a weaker position. If you are handling financial matters or personal decisions for someone, make sure that you are open to others in that person’s life. If you do not share details it could give the impression that you are doing things that they may not approve of.
- When it comes to finances, make sure you keep all receipts. Make purchases with checks or credit cards rather than cash so you have records of everything. Do not mix your own money with the other person’s finances. Contact our lawyer in Raleigh NC with help on this.
- If the person you are caring for has an estate plan, make sure it is up-to-date. You can help them reach out to a lawyer for help. If he or she does not have one but is still able to make sound decisions, reach out to a lawyer in Raleigh NC to help create one. Sometimes, it's a good idea to step back from the process so it doesn't seem as if you're placing undue influence on the details.
Klish and Eldreth | Lawyer in Raleigh NC
When planning your estate, you may want to consider which assets are subject to probate and which are not so that you can make the best decisions in how you designate heirs. If you need additional help, reach out to our lawyer in Raleigh NC to ensure that you are creating the best plan for your situation.
As always, feel free to contact us with any questions or concerns you may have about estate planning. Also, contact us 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, our lawyer is here to help you with all your legal matters, whether it be entertainment law, trademarking, copyrighting, or DWI issues.