A thorough estate plan will insure that what you’ve worked long and hard for goes exactly where you want it to go — quickly and efficiently. With The Law Offices of Jeffrey G. Marsocci, PLLC, estate planning in Raleigh doesn’t have to be expensive, time consuming or overly stressful.
Now is a great time to think about how your assets will be distributed in the future. Here are 3 benefits of having a thorough estate plan:
- Caring for family members. Taking care of family is one of the most important benefits of having an estate plan. Especially if you have children under the age of 18 or who are disabled, you will need to decide who will be their guardian in your absence. Without a plan in place, a court decides who will raise your children. If you don’t have children under 18, perhaps there are other family members who are not able to care for themselves such as parents or siblings. Having a specific plan in place will ensure family members are cared for after you’re gone.
- Making your wishes clear. Thorough estate planning will put your health care wishes into writing so there is no mistake about what you want in the event that you are no longer able to voice your own wishes. You can also plan for your own incapacity by establishing a person or persons of authority who can make financial and health care decisions for you.
- Saving money in the long run. Without an estate plan, family members may have to pay unnecessary legal fees, court fees or other administrative costs related to managing your assets. Having everything arranged before your passing will leave more of your estate assets to be distributed to your inheritors.
Estate planning is the first step in securing your future plans and finding peace of mind. Contact us today and learn how you can get started planning your estate.