Are you considering working with a wills lawyer in Cary NC to learn more about how you can leave assets to minor children? If so, you'll find information here, within our current blog post series. If you have questions during the series, contact our lawyer. We can help!
Ways to Leave Assets | Wills Lawyer Cary NC
Some parents may choose to leave the inheritance to children once they are of legal age, however, guardians may need finances to raise children once parents are gone. It's important to make sure you choose what to do with your child's inheritance, without the court being responsible for it until they are of legal age, without a say in the matter.
This type of situation is called a court guardianship for minor children. Anytime there's an expense that could be deducted from the inheritance, it must be documented, approved by the court and audited. An attorney should help represent the child and help with the paperwork and documentation. This can be a very expensive and slow situation. The court will work to do what they can, but under law, they should treat everyone equally. For children who have special needs, this can be difficult. Exceptions are rarely made in these cases. For help better understanding this, contact our wills lawyer in Cary NC.
Be sure to visit back next blog post, where we will wrap this series up with a final article. Also, call now to schedule an appointment to talk with our wills lawyer in Cary NC.
Eldreth Law Firm, PLLC |Wills Lawyer Cary NC
The amount of time it takes to create an estate plan is worth it. Doing so now will help your loved ones avoid fees in the future if your estate is subject to the probate process. You can talk with our wills lawyer in Cary NC about your options to understand what is the best choice for you and your family. Contact us to learn more about whether or not these options might work well for you.
As always, feel free to contact us with any questions or concerns you may have about your current estate plan. Also, feel free to contact our office to schedule a consultation with us if you are looking for an estate lawyer in Raleigh. We are here to help you with all your legal matters, whether it be small business, trademarking, copyrighting, or DWI issues.
To learn more, visit with other blogs in the series, here: