1. Home
  2.  » 
  3. Estate Planning
  4.  » Wills And Trusts

Creating And Updating Wills And Trusts

The cornerstone for any estate plan is the last will and testament along with a trust, if needed. These documents will detail how you would like your assets to be distributed after death and allow you to name individuals to fulfill various trusted roles to carry out that plan. These roles include the Executor, Trustee and Guardian (if there are minor children).

A successful estate plan will be drafted with clarity and a deep understanding of the client’s goals and needs. At Ellis Family Law, P.L.L.C., serving Durham, Chatham, Orange, Wake, Granville, Alamance and Person counties, our firm’s lawyers can help you create and update your estate plan as needed. As experienced estate planning attorneys, they know what questions to ask to ensure that you and your loved ones are protected.

Why You Need A Will

Has getting a will always been on your to-do list? If so, you are like most people. In fact, the majority of North Carolinians die without a will, leaving the state government to dispose of their assets, including arranging care for any minor children. The problem with this scenario is that North Carolina is limited to following a strict set of guidelines that allow no flexibility for your or your family’s preferences, including guardianship for your children, burial preferences, and designation of beneficiaries.

Arranging for a will, and other legal instruments like trusts and power-of-attorney documents, is an easy process with appropriate guidance. It typically amounts to a few hours of your time and some careful thought and discussion of your preferences with your loved ones.

Let’s work together to get this off of your ‘To Do’ list and onto your ‘Done’ list.

When Do You Need To Update Your Will?

It is important to remember that you can update your will or trust whenever you want. Most commonly, people update their estate plans after major life events, for example, marriage, divorce, the birth of a child, or death of a partner.

Call Ellis Family Law Today To Learn More

The attorneys of Ellis Family Law, P.L.L.C., can answer your questions and help you craft an estate plan that addresses your specific needs. Schedule a consultation with them by completing our online contact form or calling 919-944-4811 (Durham) or 919-891-8838 (Pittsboro).