Are You Missing Important Documents In Your Estate Plan?

Every estate plan is unique, but there are certain documents that everyone needs. People with very simple estates and life circumstances may be able to get by with just these minimum estate planning documents. Others will need more. Let’s start with the basic documents that everyone should have in North Carolina: Simple Wills A simple will is used to devise your property to your spouse and/or children. If you don’t have a will, your property will pass according to North Carolina’s intestacy laws, which may not reflect your wishes. Typically, simple wills are used to divide all of your property evenly between your children or leave everything to your spouse. These wills won’t be right for everyone due to their limitations. If you have children from a previous marriage, specific assets you’d like to leave to specific heirs, beneficiaries you aren’t relatives, or other more complex estate planning needs, you will probably need to create a more…

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