Common Questions about Estate Planning and an Overview of a Basic Estate Plan

Have you ever wondered . . . . .

“What will happen to my loved ones if I am severely injured or if I die?
Does my family have the ability to make decisions about my health care and my property if I cannot?
If I should die, will my property be distributed as I would wish? ”


Planning for the contingencies of catastrophic injury or the end of one’s life is a topic that many

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Your family, your loved ones and your health care providers will know how you wish to be cared for if you are unable to make

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medical decisions for yourself.Your spouse or another trusted individual will be able to manage your financial affairs if you are unable to do so.

  • Your assets and property will be preserved for the benefit of those you leave behind if you should die.
  • Your assets and property will end up in the hands of your intended beneficiaries, rather than in the hands of people designated by the State, or with the State itself, should you die.
  • Your children will be cared for by someone of your own choosing, should you die.

Every estate plan should consist of the following core

documents:

No two estate plans are exactly the same. Most people need only a basic plan to accomplish their goals. Others may need more extensive planning if they are high net worth, have children from a previous marriage, own a business, or have other unique circumstances.

Estate planning mistakes, or worse, failing to have a plan at all, can be costly. Protect yourself and your loved ones with a proper estate plan uniquely tailored to your needs and wishes.

We hope you

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find this posting useful. New postings are added regularly. Future postings will contain more detailed information on estate planning, the probate process, and Medicaid and Medicare eligibility. Please check back regularly for the latest postings.

Jeremy D. Lindsley provides estate planning and estate administration services to clients. If you would like more information about estate planning or to schedule

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an appointment with Jeremy, please contact him at (919) 688-6341 or email him at jeremy.lindsley@bll-nclaw.com

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