Believe it or not, more than 60 percent of Americans die without a will. This means that they haven't decided what should happen to their belongings upon their death. It can also mean that a court of law could distribute them after a probate hearing. Below, you'll find information regarding the importance of a will. Our probate lawyer in Cary NC can help you better understand if you have further questions.
Understanding the Importance of a Will | Probate Lawyer Cary NC
- Having a will in place offers advantages to everyone that might be involved, in the event of your death.
- A will can give you peace of mind, offering a way for you to name a guardian for your minor children, distribute property and belongings, and more.
- It will be a difficult time for them. Having a valid will to help distribute your belongings and share your wishes will take a burden off their shoulders during this very stressful time.
- If you die without a valid will, your survivors might face an intense time-consuming legal process that often costs far more than hiring a probate lawyer in Cary NC who can help you plan and create a will.
- Not having a will that documents arrangements made to distribute property and belongings to your family and loved ones, essentially leaves your estate to probate court.
- Probate court will divide your estate as they see fit, giving property to surviving relatives, even if you never intended for certain relatives to have specific property or belongings.
- Any unpaid debts and death expenses will be paid and then legal guidelines will be followed, after that.
- The probate process can be expensive and could take much longer to complete than the dividing of assets through an estate plan would.
Eldreth Law Firm | Probate Lawyer 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 estate lawyer is here to help you get your estate planning in order and ready should you pass in an untimely manner or become incapacitated at some point. It’s better to be safe than sorry when it comes to an estate plan. Contact our probate lawyer in Cary NC to get started estate planning, today.