Wills & Estate Planning
Few people want to sit down with a lawyer and discuss estate planning and have wills and other documents drafted. Many people put this off for years, trying not to think about it, however the truth is that there are major consequences when you don’t have a proper plan to take care of your loved ones and your assets. No one wants to think about the events that make these documents relevant, however everyone needs to have them in place to protect their assets and their families in the event something happens. At McCollum Law, PC we work with our clients to help them prepare for their future by making sure the important step is taken. Many of our clients tell us that they’ve been meaning to do this for some time. We help people cross estate planning off their To-Do List, by competently handling this important step.
We assist all types of clients in Estate Planning, from wealthy individuals looking to use planning to mitigate the tax consequences associated with certain events, to young couples who are starting a family and want to provide for their children in the event the unthinkable happens. No matter what your situation we are here to help with affordable options for you.
Please call our office at 919-861-4120 to set up a time to come in a talk with us about this important process.
Planning for your Wealth and Health
We offer legal services in the area of simple Wills, Living Wills, and the preparation of Power of Attorney documents to assist people as they carefully plan for their future as well as for their family, their businesses, and important people in their lives.
Our office provides legal counsel and direct you through a planning process which can otherwise seem overwhelming.
Contact us today to make an appointment and learn more about our services.
A Will, sometimes called a Last Will and Testament, is strongly recommended for everyone, but it is of particular importance to people with minor children, property, specific bequests or wishes regarding your asset distribution at death. Individuals with minor children will typically need a trust provision within their will that establishes a guardianship and asset distribution for their minors. Estates of $2 million or more per person usually require special tax and/or estate planning, and we assist clients appropriately based on their needs.
A Living Will, sometimes called a Declaration for a Natural Death, is generally used to express a person’s wishes for medical interventions. In addition to a living will, a Health Care Proxy or Power of Attorney can designate and direct the person you wish to make healthcare decisions on your behalf in the event that you are:
Hospitalized and unable to make health care decisions
Permanently incapacitated and no longer able to answer for yourself
Power of Attorney
There are many different reasons why a person may need a power of attorney, including financial and healthcare planning. A power of attorney can be used in many different situations to designate who can make legal, financial or medical decisions on your behalf.
We strongly recommend that everyone have a durable power of attorney.