Guardianship plays two big roles within estate planning in Raleigh NC. The first role is establishing power of attorney. The second deals with protecting children, grandchildren, and any other potential minor (non-adult) beneficiaries. Understanding Guardianship in Estate Planning in Raleigh NC Creating durable powers of attorney (financial) and health care powers of attorney allows the designated individuals to make important Continue Reading
Benefits of Having a Will
A will not only outlines how you want to provide for them financially, it also explains what you want to happen to your children if they are under the age of 18. You will be able to name guardians for your children should you and your spouse die or become incapacitated. It also gives you a chance to talk with Continue Reading
Understanding Guardianship in Elder Law
Elder law is the practice of protecting a senior citizen’s assets from long-term care expenses (like skilled nursing facilities, memory-care units, and assisting living facilities) and from the government. The costs of these three facilities range from approximately $40,000 a year to $80,000 a year. Below, you'll find more information about this situation from our estate planning attorney in Cary Continue Reading
Understanding Probate Guardianship and How to Avoid It
At some point in our lives we may end up losing the ability to manage our personal affairs and our own lives. In this case, we must rely on someone else to do these things for us. Guardianship is appointed at this time. A guardian would be needed in a situation where we are not able to prepare meals, Continue Reading