Bank of America is now giving zero-down mortgages to first-time Black and Latino homeowners. Last…
Preparing for an attorney for estate planning in Charlotte. This is your chance to share how much you valued your family. Through your distributions, you share your tale of how you decided to lessen the suffering of your loved ones after your death by deciding what they should do “now” for you “tomorrow”.
You can use a variety of papers to tell your story. A living will, a revocable living trust, a financial power of attorney, a health care power of attorney, and a living trust are some examples. It is preferable to leave the specifics of each document’s function and purpose until after we have a face-to-face meeting. For the time being, you must be aware that if you don’t create an estate plan for yourself,
Your plan has essentially been made for you by North Carolina. Who receives what and how much will be determined by its laws. When you are unable to make your own medical decisions, North Carolina will also specify who, if anyone, is permitted to do so. The age of the recipient, spending habits, drug or alcohol addictions, or whether your family must appear in Probate Court to settle your estate are all irrelevant in North Carolina, but you should care about these things. This is why it is so crucial to speak with these people directly and to do it now. When you don’t have the power to be in control, you should still be able to exert control.
Having an estate plan can give you peace of mind knowing that the family and loved ones YOU chose and trusted will carry out your wishes. Don’t let North Carolina decide for you; make your own choices. If you stop making such choices, it will hurt both you and your family. Consider it in this manner. Would you ever operate a vehicle uninsured? Would you ever buy a house without having it insured? No, and even though we all pay for it year after year, this kind of insurance merely offers “what if” protection. Similar to home and auto insurance, estate planning offers total peace of mind. It safeguards both the “when” and the “what if.” It is a wonderful gift for your family, and that is irreplaceable. For more information contact Hoard Law today!