Estate Planning Attorney in Wake Forest | How to Create a Will
Did you know that only 32% of Americans have created a will? Are you one of those people? If not, now is a great time to seriously consider drafting one with the help of a trusted estate planning attorney in Wake Forest.
Unfortunately, if you die without a will or trust in place, state law determines how your belongings are distributed. To ensure that your property is distributed and treated the way you intend it to be, make sure that you have an estate attorney on your side.
What about a DIY Will? | Estate Planning Attorney in Wake Forest
In addition to those who don't have a will, there are a number of people who have created some sort of DIY will. These do-it-yourself wills may save some money in the short term, but could you greatly long-term. Believe it or not, DIY will programs have penalties that you may not know about, should the program make a mistake. If these problems arise, state law may determine how your belongings are distributed, just as if you had no will in place.
DIY will programs tend to offer either limited options or too much flexibility within the estate planning process. Both are a disadvantage. Limited options can lead to not having the features most people need to protect their assets, while too much flexibility can allow people to unknowingly add features that contradict other sections of their will.
Meanwhile, not having a will, or having one that proves to be faulty, could easily create conflict between family members and disagreements through the probate process.
Eldreth Law Firm | Estate Planning Attorney in Wake Forest
These issues can be avoided by having a valid will. Don’t subject your family to needless suffering as a result of economical thinking. Call Eldreth Law Firm, PLLC. Our estate planning attorney inWake Forest can help you create or fix a DIY estate plan or will in North Carolina. We will help you evaluate your situation and come up with an estate plan will that works well for you.
