How much does it typically cost to update or replace my existing will? – North Carolina Short Answer North Carolina law does not set fees to update or replace a will. Cost depends on scope: a simple change may be handled with a codicil, while broader changes usually call for a new will signed with…
What information do I need to prepare before a trust consultation? – North Carolina Short Answer Under North Carolina law, a valid revocable trust needs a capable settlor, a trustee, identifiable property, and clear intent to create the trust. For a productive consultation, assemble a family outline, fiduciary choices (trustees and successors), a current asset…
What key provisions should I include to ensure my wishes are followed after my death? – North Carolina Short Answer In North Carolina, your will must be written, signed by you, and witnessed by two competent witnesses to be valid. To make sure your wishes are carried out, include a clear executor appointment (and alternates),…
How do I properly update or revoke an informal will draft I’ve already made? – North Carolina Short Answer In North Carolina, handwritten notes or spoken wishes are not enforceable unless they meet strict will requirements. The cleanest way to update or revoke prior writings is to sign a new written will before two witnesses…
What are the formal requirements for a valid will under North Carolina law? – North Carolina Short Answer In North Carolina, the safest way to create a valid will is an attested written will: you sign it and at least two competent witnesses sign it in your presence after you sign or acknowledge your signature.…
What happens if I become incapacitated without a power of attorney or HIPAA release in place? – North Carolina Short Answer In North Carolina, if you lose capacity without signed powers of attorney or a HIPAA release, no one automatically has authority to manage your money or access your medical records. For finances and many…
What happens if my appointed agent under a power of attorney can’t serve because no successor is named? – North Carolina Short Answer Under North Carolina law, if your named financial agent cannot serve and you did not name a successor, no one automatically steps in to manage your money or property. If you still…
Can I grant gifting and property sale authority to my agent in a financial power of attorney? – North Carolina Short Answer Yes. Under North Carolina law, you can authorize your agent to make gifts and to sell property, but gifting power must be clearly granted and is limited by statute unless you expand it…
What steps are involved in revising a will for elderly individuals? – North Carolina Short Answer In North Carolina, you revise a will by signing either a new will or a codicil with the same formalities as the original: you sign, two competent witnesses sign in your presence, and you can add a self‑proving affidavit…
Do we need to change our executor or guardian designations when updating our wills? – North Carolina Short Answer You do not have to change your executor or guardian designations just because you update your will. In North Carolina, changes are needed only if your choices no longer fit your wishes or the people you…