Lawyer in Raleigh NC | Estate Planning Tips
Welcome back. In our last post, we begin talking about estate planning in Raleigh and ways to improve the one you currently have. It's important to keep the estate plan updated with life changes, as well as, include a few other things in the plan. Below, you'll find a few more documents that should be included when you're considering estate planning in Raleigh.
Prepare a Durable POA: Depending on your circumstances, it may be important to consider drafting a Durable Power of Attorney. By creating such a document, you may allow another person to manage your finances and other day-to-day tasks. If you become incapacitate or incompetent and do not have a Durable Power of Attorney, your loved ones may encounter multiple obstacles in protecting your interests.
Chose a guardian for minors or children that are special needs: Even if you are married, it may be important to choose someone to take care of your children should you pass away before they become adults. Otherwise, a court might end up making this decision without your input.
Making sure that your estate plan is current and documented properly is a big part of estate planning in Raleigh. Though creating an initial plan is the most important, updating it yearly, semi-yearly, or even quarterly might be necessary. Remember to document all changes that happen, as soon as it happens, to ensure that you won't have a problem later on.
Eldreth and Eldreth | Lawyer in Raleigh NC
Our lawyer in Raleigh NC can help you with estate planning. We can also review your current estate plan, and make sure that your intention has not been disturbed by situations that might occur after the creation of your estate plan. Contact Eldreth Law Firm, PC, estate lawyers in Raleigh NC, for help updating your estate plan before it’s too late.