Elder Law & Estate Planning Solutions of the Piedmont

Law office in Concord, NC specializing in all facets of the estate planning process.

Elder Law & Estate Planning Solutions

704-795-9455

Elder Law & Estate Planning Solutions

Elder Law & Estate Planning Solutions of the Piedmont
704-795-9455
Law office in Concord, NC specializing in all facets of the estate planning process.

The 2 Things You Need to Consider When Estate Planning

The 2 Things You Need to Consider When Estate Planning
Posted : Jul 25, 2018
Author : Elder Law & Estate Planning Solutions of the Piedmont
Tags : Estate Planning

We all know the benefits of planning for the future, but did you know that estate planning is probably the most important thing you think about in advance? Even if you’re in prime health and your career is thriving, if you have dependents relying on you or a mortgage on your home, estate planning is the only way to safeguard the future of your family in the unlikely event of your untimely passing.

There are two things that you must consider when estate planning:

  1. Avoid Probate. Probate is the legal process of transferring your assets to the respective heirs. Although you may not realize it, probate is an expensive and lengthy process that can drag out for months and even years. Probate is automatic, but it can be avoided. During the estate planning process, you may select a recoverable living trust settlement in lieu of a probate to ensure all of the assets make it to your heirs without wasting precious time and accumulating unnecessary legal fees.
  2. Choose the Right Executor. The executor assigned to your estate will ensure that your wishes are carried out when it comes to the distribution of assets from your estate. They will also ensure that any outstanding taxes or bills are paid and that your assets are successfully transferred to the appropriate heirs. Choosing the right executor is important because you need to know you can trust them to work with your lawyers to protect your family, and that they have a certain level of financial acumen to be able to handle the responsibilities.

At Elder Law & Estate Planning Solutions of the Piedmont, we believe that being proactive is always best for your family. If you live in the Concord, North Carolina area and want to learn more about how you can protect the future of your family through estate planning, give us a call today. 

About Elder Law & Estate Planning Solutions of the Piedmont

If you live in Concord, NC& need help planning for the welfare of your children or elder loved ones, turn to us at The Law Office of Marjorie J. Brown, PC

Elder Law & Estate Planning Solutions of the Piedmont

Contact Elder Law & Estate Planning Solutions of the Piedmont

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Concord, NC, US
704-795-9455
845 Church Street North, Suite 106
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Service Areas:

Concord; Harrisburg; Kannapolis; Midland; Mount Pleasant; Stanly County; Rowan County; Lake Norman; North Charlotte; and Salisbury, NC