One of the most common reasons people put off estate planning is simple: they assume it will be difficult. They imagine a long, uncomfortable process. They worry they will need to know exactly what documents they need before they ever meet with an attorney. They may feel embarrassed that they have waited too long or possibly that they don’t know where to begin because these things are complicated. The truth is Read More
Estate Planning 101: What Documents Should You Have?
Many people think of Estate Planning as preparing for passing away. In reality, good estate planning is just as much about protecting you while you’re alive as it is about what happens after you’re gone. In North Carolina, there are four core documents that form the foundation of a solid estate plan: A Will A Durable Power of Attorney (DPOA) A Healthcare Power of Attorney (HCPOA) An Advance Directive (Living Read More
Why Adding Your Child to Your Deed May Not Be Helpful
When people talk about avoiding probate, one of the most common ideas that comes up is adding a child to the deed of their home. It sounds simple: put the child on the deed now so the property passes automatically later. In practice, this move usually creates more problems than it solves. Of all the issues this approach can cause, two stand out: You give up real property rights during your lifetime, and You often Read More
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