Estate Plans Are For Those You Love
There is no substitute for creating a strong estate plan that clearly spells out your wishes. Taking this important step now will allow you to remain in control of the process and limit future disputes among family members.
The dedicated professionals at Ellis Family Law, P.L.L.C., in Durham and Pittsboro, can help you prepare an estate plan that carries out your last wishes and protects your family. Additionally, we provide steady guidance to grieving family members to help them with the complex details of distributing an estate.
Crafting A Plan That Meets Your Needs
Most people do not like thinking about estate planning. A well-thought-out plan, however, can answer important questions like:
- Who will take care of your children if you and your spouse cannot?
- What do you want to happen to your home or other valuable assets?
- Do you want doctors to administer lifesaving treatment if you cannot communicate your wishes yourself?
- Who do you want to make financial and medical decisions on your behalf if you are incapacitated or suffer from a disability?
- Will your beneficiaries benefit from you placing your assets in a trust?
With a valid last will and testament and an estate plan that contains an advance directive and power of attorney designation, your wishes will be clear. If you die without a valid will or an estate plan, however, your estate is distributed according to the state’s intestate succession laws — whether that was your intention or not. Costly litigation can also occur among family members.