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The Basics of Estate Planning, Part One

Making a resolution in 2019 to start estate planning is a great way to kick off the new year. We know it’s difficult to think about what may happen when you pass. However, the only way to make sure your assets are taken care of and distributed properly is through estate planning in Raleigh NC.
In this series of blogs posts, we are going to talk about how you can make a few 2019 resolutions that will help you plan your estate. If you have any questions about estate planning throughout this series, please feel free to contact our lawyer. We can help you start at the beginning and create an estate plan that works best for you.
Create a Last Will and Testament. You’ve probably heard of a will but you may not be familiar with its importance. A last will and testament is where you’re able to state your wishes on how you leave your possessions and to whom. It’s also where you will document guardianship, elder care, and child custody should you pass in an untimely manner with minor children. Creating a last will and testament should be your number one estate planning resolution priority for 2019. It’s a great place to start with estate planning and something that our lawyer can help you with.
In addition to creating an initial will, you’ll also want to consider keeping it updated every couple of years. Our estate lawyer can also work with you on that. Life is full of changes and it’s important to document them. For example, if you’ve recently gotten married or divorced, it should be reflected in your will. If you have children or grandchildren and want to include them in your will or as a beneficiary, this should be updated.
Be sure to check back with us soon for more blogs posts in this series. We will have additional information there. Also, feel free to contact our estate lawyer for help anytime you have a question.
Eldreth Law Firm, PLLC | Estate Planning in Raleigh NC 
Remember, estate planning is important. It’s a way to ensure your loved ones are cared for after you’ve passed. It’s also a way to distribute your belongings to specific loved ones as well. It’s important that one not pass without this document. Doing so can result in a court case that will leave your loved ones stuck in probate court. This could be not only time consuming but expensive as well.
Regardless of whether you're married, single, wealthy, childless or a parent, it's important for all adults to have an estate plan and the proper documents in place at the beginning of each year. Call our lawyer now to get started with your estate planning in Raleigh NC.

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