Estate Attorney in Raleigh NC: More Tips!
Welcome back! In our last post, we went over estate planning. We also went over how important considering hiring an attorney in Raleigh NC to help with estate planning may be. In this post, we are going to highlight a few key factors that may need to be considered, when planning your estate.
• Documenting the preference of your medical care may be needed, should you become disabled before your passing.
• You may need to choose guardian for your children, should you pass before they are of legal age to care for themselves. Also, think about naming an inheritance manager.
• Should you have family members with special needs, be sure to provide for them without negatively impacting other financial assistance.
• Arranging guidelines for loved ones, who might need forthcoming security from creditors or divorce, may be a good idea. Also keep in mind the possibility that loved ones may need financial guidance, to keep from overspending.
• Be sure to include an insurance policy for your loved ones, in the event of your death. Also, disability insurance may be needed if you cannot work due to injury or sickness. Long-term care insurance can be of great benefit, as well. It can help pay for your medical needs, should you experience a prolonged injury or ailment.
• Keep in mind that a business you own might need to be transferred to a trusted family member or friend. Even if you are just planning a retirement, the transferal arrangements might be helpful.
• You may want to think about trying to reduce court costs, taxes, or any other avoidable legal fees that might come up during the disbursal of your estate.
• Your estate planning should be ongoing. It’s a good idea to update, as time goes on. It is OK to re-organize the plan. Life is unpredictable. Your estate plan may change, along with life. Your estate attorney in Raleigh NC is here to help ease that change.
Eldreth & Eldreth PC, estate planning attorney in Raleigh NC, are available to help you plan your estate. Don’t wait around until it’s too late. An estate plan is something everyone may needs. If you don’t have one, call Eldreth & Eldreth today for an attorney in Raleigh NC. They will help you get on the right track, soon.