Irvine Law Firm offers Estate Planning services as well as assistance with Estate Administration. No one likes to think about their death, but it is important to have a proper plan and confidence that your plan will be carried out. Estate planning is important for everyone, regardless of the size of your estate. A full estate plan includes your Last Will and Testament, Health Care Power of Attorney, Durable Power of Attorney and Living Will. The Health Care Power of Attorney, Durable Power of Attorney and Living Will are documents that direct your welfare and property management while you are living. For purposes of transferring your property to your heirs at your death, your Last Will and Testament is the backbone of your estate plan.
As long as you are competent, you can always modify your Will as your needs change. Your Will designates who will serve as your Executor to handle your estate administration and specifies who will receive what property and under what conditions.
- A Simple Will generally leaves specific property to specific people, or all of your property to be divided between certain people.
- A Complex Will can include many different options depending on your needs and desires. A complex Will may also include a testamentary Trust.
- If you need to make a change to your Will, you can revoke the Will and execute a new one or you can draft a Codicil to the Will. Typical Codicils include minor changes without altering other elements of your Will. However, a Codicil must be signed with the same formality as the Will.
Do you have questions about your existing Will? Do you want to make sure your out-of-state Will is valid in NC? Let us answer your questions.
If you would like assistance with the following documents, let Irvine Law Firm help:
Estate Administration is the process of probating your Last Will and Testament and transferring your property as you have directed. If you die without a Will, the Clerk of Court will appoint an Administrator to transfer your property as directed by the North Carolina Statutes on Intestacy. It is important that the process be handled correctly so that all of your wishes are properly realized.
We work closely with the Offices of the Clerk of Superior Court to assist Executors and Administrators in finalizing the affairs of the Decedent. Because estate administration is a legal process, some clients choose to name an attorney as their Executor. This may reduce the stress of the legal process for a surviving spouse and children. Serving as executor or administrator can be a burden on your family members if they are unfamiliar with the process. We are available to help alleviate that burden.
It is well worth the peace of mind to know that your affairs are in order.
Let us help you make sure your documents are legally binding and your estate plan will achieve your desired result. Don’t leave your heirs with a messy estate administration. Failure to have adequate and proper documentation of your estate plan can cause your estate administration to be far more cumbersome and expensive. Do not leave your heirs with a burden.