Estate Planning: A Necessity for Every Individual

As an elder law attorney, I often encounter clients who are unsure about the importance of estate planning. Many people believe that estate planning is only necessary for the wealthy or for those with complex financial situations. However, this could not be further from the truth. Estate planning is a necessity for every individual, no matter their financial situation or age.

Estate planning is the process of organizing and managing your assets and affairs in the event of your incapacitation or death. It involves creating documents such as a will, trust, or power of attorney to ensure that your wishes are carried out and your loved ones are protected.

Without proper estate planning, your assets may not be distributed according to your wishes, and your loved ones may be left to navigate the legal system and deal with difficult decisions during a time of grief.

Listen to our podcast, the Elder Law Report to learn more about estate planning, current events, North Carolina laws, and more.