Often, young adults who have just married or have small children never think about estate planning. They're young, healthy and full of life. Thoughts of an untimely death are never fully considered. We all know that we are not promised tomorrow, but actually thinking about that eventuality is scary and unimaginable.
Things to Consider When Estate Planning in Cary NC
The fact is estate planning is an important part of life. It's not something that should worry you or make you scared for your future. It should be something to help you secure your future and that of your family.
Estate planning will ensure that you can care for your loved ones long after you're gone. You can put forth trust or wills to leave your belongings to your spouse, parents, children or other loved ones.
Should you pass on without having a proper estate plan in place, your assets will go into what is called probate. In this case, the court will decide what is best for your assets. They will choose who everything is distributed to.
Sometimes, even when we have an estate plan in place, we forget to update it regularly with life changes that may happen. This is a factor that should be heavily considered at least once every two years or more, depending on life changes. You may get married, change your name, have children or sell a home or vehicle. Be sure to visit back soon to learn more about this and other things to consider for estate planning in Cary NC. Remember, when you haven’t begun planning or haven’t updated your plan in years, these are all things to consider. Visit back with our next blog post soon. Our lawyer will have more information there.
Eldreth Law Firm | Estate Planning in Cary NC
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 attorney is here to help you get your estate planning in Cary NC started and in order. That way, should you pass in an untimely manner or become incapacitated at some point it will be there for your loved ones. It’s better to be safe than sorry when it comes to an estate plan. Contact our office today to get started estate planning.
As always, feel free to contact us with any questions or concerns you may have concerning legal issues. Contact our lawyer to schedule a consultation if you have questions about small business needs, trademarking, copyrighting, or other legal situations. Call today for more information!