It’s important to keep your estate plan updated with changes, at least yearly. The beginning of 2015 is a great time to get started with documenting any changes that might have happened in 2014. It's important to make sure you've incorporated any and all important documents in your estate plan, as you never know what may happen. Should you pass suddenly, without a proper, updated estate plan, your assets might not go to the right beneficiary, your children might be left without a guardian, and more.
Below, our estate lawyers in Raleigh NC offer a few tips that will help you keep up with all updates that should be made to your estate plan in the event that things change.
Estate Lawyers in Raleigh NC: Updating Your Estate Plan
You can set up a payable-at-death account to help fund your funeral or, you can prepay. Prepaying sometimes causes unreliable issues, so it might be best to set up an account at your bank for funeral funds. Because expenses change all the time, it’s important to make sure your account holds the correct amount for your funeral expenses. Checking the cost of various needs for a funeral annually might be a good idea.
You probably documented your final wishes and arrangements in your estate plan long ago. Sometimes, things change. You might decide to be an organ or body donor at some point. You may decide on cremation over burial. These changes must be made in your estate plan to ensure that your final wishes and arrangements are carried out. To make any changes to your final arrangement section of your estate plan, contact your estate lawyers in Raleigh NC.
Eldreth Law Firm, PLLC, estate lawyers in Raleigh NC are here to help you document any and all estate plan changes so that you can ensure your wishes are carried out, upon your death. For more information and one final tip that will help you make sure you're wishes are documented properly upon your death, visit back with our blog, soon.
As always, feel free to contact us with any questions or concerns you may have about estate planning. Also contact us to schedule a consultation if you are looking for new estate lawyers in Raleigh NC. We are here to help you with all your legal matters, whether it be estate planning, trademarking, copyrighting, or DWI issues.