Welcome back. We are here to talk more about estate planning updates that you might need to make come the beginning of 2017. Our estate lawyer in Raleigh is here to work with you when you're ready to make changes to your estate plan or will.
Updates for the New Year | Estate Lawyer in Raleigh
- Children Reaching Milestones - Has your child (or children) reached the age of 18 or 21? If so, be sure to document this properly, as it could affect their inheritance should you pass.
- Incapacitation or Death of a Beneficiary – If either of these or other important role in an estate plan, it’s time to make updates. A serious illness or death of someone named in your estate plan should be documented as soon as possible. Those that are named as executor, power of attorney, or trustee, especially, should be documented at the time of death or incapacitation. Concerning any changed matters, including those listed above, you should speak with an attorney as to how to adequately address these in your estate plan.
- Life Changes - Have you begun or ended a relationship with someone in 2016? Have you become involved in an organization that’s important to you? It’s important to include these changes in your documents if you have or would like to include them in your estate plan.
Keeping your estate plan up-to-date with changes is important. Meeting with your estate lawyer in Raleigh quarterly, semi-annually, or at least annually might be a good idea. That way, you can ensure that all changes are updated and documented properly, in the event that you have an untimely incapacitation or death.
Eldreth Law Firm | Estate Lawyer in Raleigh
Remember, if you don’t have an estate plan in place or haven’t reviewed yours in several years, now might be the best time to start. Our estate lawyer in Raleigh is here to help you get your estate planning in order and ready should you pass in an untimely manner or become incapacitated at some point. It’s better to be safe than sorry when it comes to an estate plan. Contact our office.
As always, feel free to contact us at our office to schedule a consultation with if you are looking for a lawyer to represent you in other legal matters. We are here to assist you with small business needs, trademarking, copyrighting and DWI issues.
Missed other blogs in this series? Visit them below: