You have worked hard for what you have, and you may still be building your empire. When you pass away, your wealth gets distributed according to your will. If your assets aren’t properly managed, the process of managing your estate can become a complicated process for your loved ones. Take action to manage your wealth in advance with an estate planning lawyer in Charlotte, NC.
Write Your Will
An estate planning lawyer in Charlotte, NC can help you write your will. Your will should include information regarding your final wishes in different medical situations. It should also state how you plan to be laid to rest. You will also list your assets and establish a beneficiary to receive your different assets. You can leave large assets, such as real estate, to multiple people with details on how to handle the sale. Once you finish your will, you need to make it legal. Your lawyer can ensure that your will is legal and submitted to the proper authorities so that there’s no debate about what will to use.
Keep Your Estate Out of Probate
Your assets may go into probate after you die. Probate ensures that your estate is properly managed, but it takes a long time and a lot of money. You can keep your estate out of probate by placing large portions of your wealth into trusts for your loved ones and adding other people onto the deed of your real estate assets before you die.
