When To Start An Estate Plan
Many people do not realize the importance of an estate plan, or they understand the importance but procrastinate on creating one. Estate planning is a very good idea for every adult, even if you are young or do not feel you have many assets to protect. We hope that you do not need one until much later but the truth is that life can be unexpected and an estate plan helps to protect what you care about most.
Why Is It So Important?
An estate plan secures your wishes for your assets after you pass away, as well as appoints people to make decisions for you if you are unable to do so. It is not enough to tell a family member who should get your belongings. It needs to be written in a legally binding document.
If you pass away without a will, for example, North Carolina law determines who gets your assets and how they are distributed. A will lets you divide your estate as you wish.
What Makes Up An Estate Plan?
A will is not the only document you will want in your plan. Our lawyers at Lanier Fountain & Ceruzzi can help you create a comprehensive plan that accounts for all your assets and needs. This may include:
- A will and trust
- Living will
- Power of attorney
- Health care power of attorney
We will help you understand the benefits of each of these components.
Guidance Through Probate Court
We also assist with probate court for families who have lost a loved one. We will handle the legal issues for you during this difficult time. Attorney Jessica Tarsi has administrated many estates for our clients, so if you live in another state but have lost a loved one in North Carolina, we are able to act as the administer for the estate.