Everyone has an estate, regardless of whether you have a lot of money and regardless of your age. While many people mistakenly believe an estate plan is something needed only by the elderly or the wealthy, anyone with assets or loved ones or concern about their own future should have a comprehensive plan in place.
Creating an estate plan is about much more than creating a will, and you need to know how to make the best use of all legal tools available to you. Your plan should be personalized to meet your specific needs and to preserve and protect your legacy. The Law Offices of Cheryl David can help you to create and implement a plan. We provide assistance in Guilford County and surrounding areas and we can offer you assistance with your plan as well as answers to questions including:
- Do I need an estate plan?
- What should be included in my estate plan?
- How can a Greensboro estate planning lawyer help me?
Do I Need an Estate Plan?
If you have anyone counting on you, if you have any money or assets at all, and if you want to maintain dignity and autonomy in case of incapacity, you need an estate plan. An estate plan is so much more than just creating a will, although many people believe this is all that is involved. The reality is that an estate plan is about preparing for an uncertain future by protecting yourself and your assets.
The estate plan which you create should be tailored to your specific situation, taking into account your family status, the amount of assets and wealth you have acquired, and a variety of other factors. While every person’s plan should be different, every person should have some type of plan so they don’t end up losing assets or leaving their loved ones in a difficult position in the future.