LAST WILL AND TESTAMENT
Signing a Last Will and Testament is a solemn occasion, undertaken by most individuals when they realize they are not going to live forever and they need to plan for the benefit of those they are leaving behind. We at Wilkinson & Carpenter, P.A. consider it an honor to work with clients in drafting a Last Will and Testament that addresses their needs, concerns and reaches the desired result under North Carolina law. Whether it is a complex instrument with testamentary trusts and guardianship provisions or a straight-forward list of bequests and devises, we have the expertise and experience to ask the right questions and make sure all of the potential issues are addressed.
Some items to think about when contacting our office for an initial consultation regarding a Last Will and Testament are:
POWER OF ATTORNEY
This document is aptly named, as it is one of the most powerful documents many people will sign. A Power of Attorney is a document by which one person gives another person (known as the Attorney-in-Fact) the power and authority to do or undertake some action on his or her behalf. Powers of Attorney can be limited in scope, or can be very broadly drafted. Because a Power of Attorney has such power, it is very important that the document be drafted properly to accomplish its intended purpose. Because improper use of a Power of Attorney can have devastating unintended consequences, we advise that you have an experienced estate planning attorney draft the document for you.
HEALTH CARE POWER OF ATTORNEY
The purpose of a Health Care Power of Attorney is to allow a person to designate another person as his/her "Health Care Agent." The Health Care Agent can make some or all healthcare decisions on behalf of the person signing the Health Care Power of Attorney. In the right instances, this document is invaluable.
READY TO MEET YOUR ESTATE PLANNING NEEDS
At Wilkinson & Carpenter, P.A., your initial consultation to prepare a Last Will and Testament, Health Care Power of Attorney, Power of Attorney or other estate planning document is free of charge. If you are interested in having either of these documents or would like to learn more about your options, please contact us to schedule an initial consultation.
The death of a loved one can be a very stressful point in many people's lives. Along with the grief and loss comes the responsibility to take care of the deceased person's business: paying debts, collecting accounts, gathering and valuing assets and distributing property and personal possessions in accordance with the deceased's Last Will and Testament and North Carolina law. This can be an exacting process, as all funds received and all items of personal property devised must be properly accounted for. The estate administration process (or probate) is designed by law to be open and transparent.
At Wilkinson & Carpenter, P.A., we have the experience needed to guide you through every step of the estate administration process. From qualification through filing the final account, our lawyers and staff are ready, willing and able to make the process as smooth as possible. We routinely handle estates in Granville County and surrounding counties, and would be happy to assist you in this process.
For many people, planning what happens to their property and possessions upon their death is not a subject they enjoy spending a lot of time thinking about. Nevertheless, good estate planning can relieve a great burden for surviving family members and loved ones. Comprehensive and solid estate planning involves not only addressing what happens after death,but also includes making provisions for what should happen in the event you become unable to make for yourself some or all of the everyday decisions life presents.
In most instances, comprehensive estate planning can be accomplished by three documents: Last Will and Testament; a Power of Attorney; and a Health Care Power of Attorney. These documents will make things easier on your family in the event you are incapacitated and ultimately make the final administration of your estate (probate) simpler.
106 Gilliam Street
Post Office Box 600
Oxford, NC 27565
Phone: 919 - 725 - 9161
Fax: 919 - 725 - 9162
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