Raleigh Estate Planning Attorneys

Estate Planning Services We Offer

In North Carolina, many different estate planning tools and procedures can be used while making or maintaining an estate plan. Which will work for you? Don’t guess. Let us help. You can depend on Blood Law, PLLC for a variety of estate planning services that could help with your situation.

Our Raleigh estate planning attorneys handle estate planning cases involving:

• Estate administration: The process of managing and distributing an estate, including debts and property to be given to heirs, is called estate administration. If you’ve been named as an estate administrator or executor, you can have our legal professionals administrate the estate on your behalf, so you never have to get caught up in legal details.
• Wills: A will is a legal outline of what you want to do with your possessions and responsibilities when you pass away. Work with our lawyers to create a will that represents your wishes and that stands up to probate.
• Trusts: Living trusts and irrevocable trusts can hold and manage property and assets in unique ways that may be beneficial for your estate plan. Let’s talk about trusts, so you can see if any would be helpful.

Benefits of Estate Planning

Why should you make an estate plan sooner rather than later? When made correctly, an estate plan can create many different benefits that you and your family can appreciate.

A few common benefits of a well-made estate plan are:

• Minimized taxes: An estate plan may be able to reduce the impact of taxes on your estate when you pass away, which would mean passing along more to your loved ones and less to the state.
• Probate avoidance: You may be able to avoid probate entirely – or prevent lengthy probate – with an estate plan that uses different tools.
• Property management: Using certain estate planning tools like trusts, you can manage pieces of property, assets, and even businesses to prepare for when you are no longer around to manage them yourself.
• Set your expectations: You can use an estate plan to set expectations and indicate your wishes when you are incapacitated. For example, a health care directive can describe what living-saving measures you would like performed in a medical emergency and which you do not.
• Peace of mind: Overall, one of the best benefits of an estate plan is the peace of mind it can bring you and your loved ones. The relief of knowing that you have planned for the future and “just in case” situations is invaluable.

Who Needs an Estate Plan?

Estate plans are not just for seniors and elderly people living in retirement homes. The truth is that nearly every adult can benefit from an estate plan because everyone benefits from planning for the future in one way or another.

You should think about making an estate plan soon if you:

• Have children.
• Own a business.
• Own real estate.
• Own valuable property.
• Have special healthcare needs.
• Like to plan your future as much as possible.