To ensure that your survivors get the fastest possible access to your money, property, and other assets once you are gone, it is essential that you comply with all applicable inheritance laws on the books in North Carolina. Our firm can help you to understand these laws and draw up documents that meet all legal requirements.
- Navigating North Carolina’s inheritance laws
- Other estate administration matters you should consider
- Farmer & Morris Law, PLLC is here to help in your estate planning
Navigating North Carolina’s Inheritance Laws
What will happen to your money, property, and other assets after your death? If you have a legally binding will, your property will be divided among the beneficiaries of your choice.
If someone does not leave behind a legal will at the time of their death, the situation may be very different. According to the Intestate Succession Act, found at G.S. § 29-16, the deceased’s property may be divided among their surviving relatives, including:
- Aunts and uncles
- Brothers and sisters
- Other relatives
Each individual’s share will be calculated using a predetermined mathematical formula, not according to what you wanted each relative to receive. This can cause your survivors undue financial and emotional hardship or spark a long, expensive legal battle for your assets.
To avoid letting other people decide how your property will be divided and how your relatives will be treated, let us help you:
- Understand state inheritance laws: We are familiar with North Carolina’s inheritance laws and would be happy to explain what they all mean for you.
- Collect necessary documentation: If we need to see any paperwork from you, we can let you know and walk you through the process of requesting copies of that paperwork if you do not already have it.
- Draft a valid will: We can craft a will that complies with both the law and your wishes.
- Make changes as necessary: What if your circumstances change, or the state passes a new inheritance law? We can make all necessary alterations while ensuring that your will still reflects your wishes.
Any will that does not comply with each and every state law is invalid, as stated at G.S. § 31-3.1. To prevent a simple error from depriving your family of their rightful inheritance, it is a good idea to get help from our firm. Not only can we handle all legal tasks on your behalf, but we also always strive to treat our clients with the dignity and respect they deserve by:
- Staying in touch: We can contact you whenever there is something important to report, such as when we have finished drawing up your will and need your signature.
- Answering all questions: No question is too big or too small for us to answer. It is very important to us that our clients have a thorough understanding of their affairs, so we are always happy to address their concerns.
- Offering advice and suggestions: If ever you are unsure about any aspect of your will, we can help you think through the issue and come to a decision.
For a legal consultation, call 828.286.3866
Other Estate Administration Matters You Should Consider
To ensure that you and your family are fully protected no matter what happens, we can assist you with:
- Identifying which documents you might need and why
- Drawing up any and all necessary legal documents
- Altering legal documents when and if necessary
- Answering any and all questions you may have pertaining to your legal rights and responsibilities
For example, ask yourself the following questions. If you do not know the answer to any of them, it may be a good idea to get in touch with our estate administration team. This way, we can help you secure the answers you need while there is still time.
- Estate probate: If a close relative dies without a valid will, do you have the experience and the time to fight the legal system to get your fair share of their assets?
- Power of attorney: Who will make important financial or legal decisions on your behalf if you are incapacitated by an injury or disease?
- Healthcare power of attorney: Who will make important decisions about your healthcare, including whether or not to resuscitate, if you are incapacitated?
- Appointing a guardian: If a close relative becomes incapacitated, do you have the experience and time to make difficult decisions on their behalf, or appoint someone who has that time and experience?
Our firm is proud to help people just like you throughout the state of North Carolina. We can assist you with any and all matters pertaining to wills and estate administration. This way, you can have the peace of mind that comes with knowing you and your family are taken care of.
Farmer & Morris Law, PLLC is here to Help in Your Estate Planning
Farmer & Morris Law, PLLC understands the inheritance laws of North Carolina and would like to help you navigate them. Call us today at (828) 286-3866 for all of your estate administration needs. We can take your call twenty-four hours a day, seven days a week.