Welcome back. We are here to talk more about whether or not an executor should hire a lawyer. If the family is not contesting the will or threatening a lawsuit over the will, the process might be simple. If the deceased’s estate is worth enough to pay its debt, this can also make the process easy. Our estate lawyer in Cary NC is here to talk more about why you might need to hire a lawyer as an executor.
Do I Need an Estate Lawyer in Cary NC?
However, it is not always a simple procedure, and some people may not know enough about the process, probate and local laws to handle it properly. In those cases, consulting a lawyer can ensure that the process is done correctly and that the heirs receive what they are supposed to from the estate. Some people may simply not want to put the time and effort required in order to wrap up the deceased’s affairs, so he or she may want a lawyer to handle it.
If the estate contains a business, a house or bank accounts that require special handling, it can become difficult to manage while going through the process. If the business or other property needs to be appraised and sold, it can be helpful to have input from an attorney on how to best handle the situation. If there is not enough money in the estate to pay the debts and taxes, the executor will need to figure out which ones to pay and which ones will not need to be paid according to local law.
As mentioned before, any kind of familial dispute will require assistance from a lawyer. If someone contesting the will is working with their own lawyer, it can be helpful to have someone to speak on behalf of the executor, especially if the family members do not want to see each other. In some cases, disputes may be resolved without going to court.
If an executor chooses to consult an estate lawyer in Cary NC when handling an estate, he or she is still responsible for making the final decisions, but may find peace of mind knowing that those decisions are backed by legal advice from a lawyer experienced with estate planning.
Having someone you trust with your estate and the distribution of your assets is important in making sure that your inheritors obtain what you want them to receive. The person can be named as part of the estate planning process, which includes writing a will. Another aspect of estate planning is determining who will speak on your behalf should you become unable to do so because of illness or other incompetency. You can include a power of attorney document that will name someone to represent you.
Eldreth Law Firm | Estate Lawyer in Cary NC
If you need help planning your estate, call us today. We can answer questions you may have about estate planning, wills, power of attorney, and more. Do not leave your family without a plan outlining your wishes. Our offices are conveniently located in Cary, NC. We also handle elder law, small business law, trademarking, copyrighting, and DWI issues.