Our firm will take the time to discuss your unique situation with you in order to develop an estate plan that reflects your desires. Common estate planning goals include: estate/death tax savings; probate avoidance; guardianships and trusts for children or others; and ensuring that your assets are distributed and managed according to your wishes. We will work with you to determine and clarify these goals prior to drafting any necessary estate planning documents.
The law enables you to direct the disposition of your assets upon your death through your will, trusts, and beneficiary designations. Upon the request of a client, we will review those documents to confirm that they comply with the client’s estate plan.
The most common estate planning documents include:
- Wills. Dictate how your probate assets are distributed and may name guardians if you have minor children.
- Trusts. Trusts can be drafted to accomplish many goals including, enabling your estate to avoid probate, minimize death taxes, and allowing you to control distributions after your death. However, North Carolina probate is not as difficult and expensive as it is in many other states, therefore a Trust is not always needed
- Durable Powers of Attorney. Appoints the person you want to manage your financial and other matters for you, especially if/when you are not able to handle your own financial matters.
- Living Wills. Also referred to as a declaration for a desire for a natural death. This document allows you to express your desire to be taken off of life support if you are terminal or in a persistent vegetative state.
- Health Care Powers of Attorney. Appoints the person you want to make your medical decisions if you are unable to make your own medical decisions.
Please call our office for a free initial estate planning consultation to protect you and your family's future.
Info for Wills and POAs
Problems with out of state Wills and accounts
Purposes of Trusts