Why Is Estate Planning Important?
Unexpected events can happen at any time. An unexpected illness could leave you incapacitated, who will handle your affairs? A death in a family can be devastating and stressful, what plans have you made for your loved ones? These matters may be difficult to think about, but handling your affairs while you can, will alleviate some stress for your family later. The Law Office of Anita R. Powers can examine your situation, understand your goals and help you make informed decisions about your future.
Understanding What You Can Do
Most people are familiar with wills even though they are intimidated by the thought of creating one. The will allows you to determine who receives your property. If you die without a will, the North Carolina General Statutes determine who receives your property. Have small children? You can provide for guardianship of them if they are still minors at the time of your death.
But there are other estate planning tools. A Power Of Attorney (POA) can be very helpful if someone becomes incapacitated. Without a POA, you may need a Guardian appointed by the Court. In some instances, transferring property to family members during your lifetime is another helpful tool, a Deed. If you do not want to transfer the property outright, we can help. Consulting an experienced and knowledgeable attorney is essential. The Law Office of Anita R. Powers can help you make the right plan for you.
Don’t Wait; Call Today
It is best to be prepared instead of leaving your family scrambling in the event of an emergency. It is important to know that a will can always be updated as you grow older. To learn more about your options, call my office in Wallace at 910-444-2813 today. You can also email me.