Attorney in Raleigh NC | Estate Planning
Over 2 million people die each year in the U.S. without a will. While it may be hard to believe, it's a serious issue that should never happen. Typically, if you die without a will or trust, state law will determine how your belongings are distributed. To be sure your property is treated the way you want, an estate planning attorney can make all the difference for your property.
In addition to those that don’t have a will, there are those that have a DIY will. A do-it-yourself will might save money in the short term, but ultimately, it may end up costing more than expected. 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 there was no will in place.
In addition, those DIY will programs offer either limited options or too much flexibility within the estate plan. Both have been found to be a disadvantage. Limited options can lead to not having the features most people need to protect their assets. Flexibility can allow people to unknowingly add features that contradict other sections of their will.
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 | Attorney in Raleigh NC
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 in Raleigh NC 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.