Sanford, North Carolina

Why Comprehensive Estate Planning Is So Important May 27, 2019

Sanford, Lee
Why Comprehensive Estate Planning Is So Important, Sanford, North Carolina

Thinking about what will happen to your assets and loved ones after you’re gone is never a pleasant topic, but failing to plan for this can have negative consequences for those you leave behind. A well-designed estate plan ensures your wishes are respected and helps prevent bitter conflicts that can cause strain within even the closest families. Below are just a few of the reasons to consult with a lawyer to get your estate plan in order.

The Benefits of Estate Planning

Deciding Who Receives Your Assets

If you die before preparing a will, your possessions will be distributed according to your state’s intestate succession laws, without regard for your verbally expressed wishes or the relationships that matter to you. Writing a will gives you the power to decide who should receive your assets after your death and lets you choose a trustworthy person to execute the instructions you lay out.

Making Your Own Medical Decisions

lawyerIf an accident or serious illness leaves you unable to communicate with your doctors, who will make health care decisions on your behalf? A living will allows you to leave instructions for health care providers, give or withhold consent for certain procedures, and express your wishes regarding end-of-life care. If the situation arises, a living will takes an enormous burden off your family members, so they can focus on one another during a time that will already be difficult.

Giving Legal Authority to Those You Trust

You may assume that your spouse, children, or business partners will be able to manage your assets and health care if you’re incapacitated, but this isn’t always the case. For instance, your spouse may need your signature to sell your house, or a business partner may not be able to enter into a new contract without you. Having a lawyer prepare powers of attorney will give those you trust the legal authority to act on your behalf if you’re unable to do so.


Preparing your estate plan can seem like an overwhelming project, which is why the team at Stephenson & Stephenson, PA Attorneys at Law is dedicated to making the process as simple and stress-free as possible. Their lawyers have been helping families throughout Sanford, NC, plan for the future for more than 31 years, demonstrating a commitment to personalized, one-on-one care. Visit the website for more on their estate planning services, or call (919) 774-6182 to schedule a consultation with a lawyer today.

Other Announcements, Events and Deals from Stephenson & Stephenson, PA Attorneys at Law
4 Documents Your Real Estate Lawyer Needs to Sell Your Home , Sanford, North Carolina
Moving houses can be a challenging process. From finding and purchasing a new abode to selling your current property, there are several steps to be taken before you can start your more
Why You Should List Your Home This Spring & Use a Real Estate Attorney, Sanford, North Carolina
Spring is one of the busiest times of the year for the real estate market. The season is ideal for sellers hoping to accomplish quick and profitable sales. As such, if you’ more
What Your Attorney Wants You to Know About Property Deeds and Selling Real Estate, Sanford, North Carolina
The property deed is an essential document in transferring property from a buyer to a seller. While your lawyer can help you manage the sale, that sale can’t move forward without more
3 Popular Contingencies to Include in Your Real Estate Contract, Sanford, North Carolina
Making an offer on your dream home is always exciting, but it can also be nerve-wracking if the sale depends on something out of your control. For instance, maybe you need to sell more
Answers to FAQ About Stepparent Adoption, Sanford, North Carolina
Although stepparent adoption is not very different from other processes in which individuals take responsibility for children, requirements and specifics may vary across states. more