Who Needs a Will:
Who should have a will? Everybody; whether you're single, if you're married, if you're married with children, if you're now empty nesters whose kids have gone off to college, or if you've just gotten married. At every stage of your life, there are different things to think about, and there's always the issue that you're going to pass away, and what's going to happen to your assets. If you're single, you want to make sure that siblings might get your assets, parents may get your assets, maybe a boyfriend or a girlfriend, or a significant other. If you're married with children, you want to make sure that your children are taken care of. You want to make sure that the assets are passed properly, and that you've named guardians. When you're empty nesters, you don't need the guardianship provisions in there anymore; you need to make sure that, maybe you're planning for grandchildren at that time. The value of your estate really does not depend on whether you need a will or not. if you want your assets to go to who you want, you need it to be in writing. If you don't have a will, North Carolina basically has written your will in their statutes, and they'll decide, when you die, who gets your assets. So if you want control over your life during your lifetime, and control afterwards, my suggestion is: put it in writing. Have a will, or have a revokable living trust, and make sure that your wishes are taken care of and carried through.
Asset Protection Law - Wealth Preservation Strategies, Elder Law, Health Care, Medicaid Planning, Tax Planning, Trusts And Estates, Wills And Probate
Attorney Sabrina Winters is a Senior Attorney of Sabrina Winters, Attorney at Law, Pllc, a law firm in Charlotte, NC. As a lawyer in Charlotte, North Carolina, attorney Winters serves Mecklenburg County.