Estate Planning Mistakes | Estate Lawyers in Raleigh NC
Welcome back! In our last post, our estate lawyers in Raleigh NC began discussing mistakes that people make when dealing with their estate plan. It’s important, first to have an estate plan, but it’s also important to make sure you don’t make any mistakes within the estate plan, as well. Below, you’ll find a few more tips to help you steer clear of any estate planning mistakes you might make.
Failing to Estate Plan | Estate Lawyers in Raleigh NC
Did you know that over half of all American adults ages 20-70 fail to plan their estate? Many people fail to estate plan for many reasons. They’re either afraid of death, shocked at the effort it takes or have a complicated situation with family. Whatever the reason might be, it’s rarely one that justifies failing to estate plan.
Forgoing estate planning will leave loved ones with the burden of dealing with it after you’ve passed. This could cost them a lot of money and time that they weren’t prepared to spend. It might be best to take the time to estate plan now, while you’re still able, so that your family won’t have to spend countless time and money getting your assets distributed when you pass. If you’re ready to consider estate planning, contact our lawyer in Raleigh NC for help.
Taking the time to estate plan isn’t always simple. Sometimes, it’s time consuming and can be difficult to deal with emotionally. Though you think your estate plan is set and ready after you’ve finished it, more work may be required. One should consider updating these plans at least once a year to make sure all changes are documented. Personal and financial situations change over the years. Reviewing your estate plan with an estate attorney in Raleigh NC at least once every two years could be beneficial in many ways.
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 attorney in Raleigh NC 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 lawyer in Raleigh NC to get started estate planning, today.