Estate Planning Attorneys in North Carolina

If need an attorney for estate planning in High Point, NC. contact Cecil & Cecil, P.A. We can help you with Estate Plans, Wills, Healthcare and Financial Powers of Attorney.

Estate Planning Lawyers

Perhaps the best gift we can leave our family is a well-considered estate plan. The documents you execute remove the uncertainty of how to proceed when sad and difficult events arise.  At Cecil & Cecil, P.A. in High Point, NC our estate planning lawyers recommend that our clients begin with living documents called “Powers of Attorney“.

A Health Care Power of Attorney enables you to authorize a person you trust to make medical decisions for you in North Carolina if you are alive but unable to make or communicate those decisions for yourself.  A Financial Power of Attorney works similarly with regard to spending and investment decisions.

Learn more about Estate Planning with the legal definitions below. Complete the quick form to the right and we will be in touch.

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Family wills and estates planning in North Carolina

Health Care Power of Attorneys in North Carolina

Our estate planning attorneys in High Point, NC can prepare a a Health Care Power of Attorney enables you to authorize a person you trust to make medical decisions for you in North Carolina if you are alive but unable to make or communicate those decisions for yourself.  A Financial Power of Attorney works similarly with regard to spending and investment decisions.

The Power of Attorney becomes void at death, but a will (with or without a trust) allows you to appoint a trusted friend or relative as executor to wind up your affairs after you pass and to nominate a guardian to look after the children.   A will also allows you to direct the distribution of assets, to family, charities, and other beneficiaries as you see fit.

The estate planning lawyer at Cecil & Cecil, PA can help with your Estate Planning needs in High Point, and Greensboro, NC.  Complete the CLIENT REVIEW or GIVE US A CALL to set up a estate planning consultation

Estate Planning: Provide for your family’s future

Our will and estate attorneys can prepare your will and estate plans that offer several benefits to your family by allowing an individual member of the family to oversee the dispersion of an estate (aka an executor). By avoiding probate court, your family’s executor can ensure the proper family and friends receive what they should quickly and easily. Wills also can ensure the care of your pets after your passing, and disinherit anyone who may have a claim to your assets.

Our estate planning attorney will specifically deal with your residuary estate (the number of assets and finances you have left after all debtors are paid), and we’re happy to help you draft a comprehensive will that ensures your final wishes are respected. Connect with us today for more information on estate planning and will preparation.

Power of attorney, living wills, and more

By giving the “power of attorney” to a living relative, you allow them to relegate or oversee the disbursement of your will or, in the case of a “healthcare power of attorney”,  enable them to make medical decisions on your behalf should you become incapacitated.

Here are four reasons why estate planning is important. (US Bank: “4 reasons why estate planning is important”)

Cecil & Cecil can help with Trusts and Wills in North Carolina

North Carolina Estate Planning Legal Definitions

Understanding these terms can make the process of estate planning easier and ensure that your wishes are clearly communicated and effectively executed.

It’s always advisable to consult with a professional attorney specializing in estate planning to navigate the complexities of the law and ensure that your estate is managed according to your wishes.

Assets: Any property or ownership interest that a person possesses, including real estate, financial accounts, personal belongings, etc.

Administrator: A person appointed by the court to manage and distribute the estate of someone who died without a will.

Beneficiary: A person or entity who receives assets from an estate upon the owner’s death.

Collector: An interim fiduciary appointed by the court to preserve the assets of the decedent until a personal representative is appointed.
Devisee: A person who is designated in a will to receive real property.

Durable Power of Attorney: A legal document that appoints someone to make financial and legal decisions on behalf of another person in the event that they become incapacitated.

Estate: The assets and liabilities left behind by a person after their death.
Executor: A person appointed by the deceased to manage their estate and distribute assets according to their will.

Guardian: A person who is legally responsible for taking care of and making decisions for a minor or an incapacitated adult.

Healthcare Power of Attorney: A legal document that appoints someone to make healthcare decisions on behalf of another person if they are unable to make their own decisions.
Heir: A person legally entitled to the property or rank of another on that person’s death.
Intestate: The status of a deceased person who did not leave behind a valid will.
Irrevocable trust: Is a trust where the grantor cannot change or end the trust after its creation. Grantors may choose a trust with such limitations to limit estate taxes or to shield assets from creditors.
Legatee: A person who inherits personal property under a will, sometimes more broadly used to refer to any beneficiary under a will.

Living Trust: A trust created during the lifetime of a person to hold and manage their assets, and distribute them after their death.

Personal Representative: A general term for executors, administrators, or anyone else appointed to handle an estate.

Probate: The legal process of validating a will, paying debts and taxes, and distributing assets to beneficiaries

Personal Representative: A general term for executors, administrators, or anyone else appointed to handle an estate.

Probate: The legal process of validating a will, paying debts and taxes, and distributing assets to beneficiaries

Revocable Trust: A trust that can be changed or terminated by the owner at any time during their lifetime.
Testator: A person who creates a valid will.
Trustee: A person or entity appointed to manage and distribute assets in a trust according to the terms set by the owner.
Trust: The person or institution that manages the property put into trust.
Will: A legal document that outlines an individual’s wishes for the distribution of their assets after their death.

The legal definitions provided on this page are for informational purposes only, and should not be construed as legal advice. Please consult with a qualified attorney for specific guidance and advice regarding your individual situation.

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