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Raleigh Estate Planning Attorney

Legal Advice You Can Trust

If something were to happen to you today, would your family be taken care of? Preparing your estate plan is about more than divvying up your possessions, it’s about providing peace of mind for yourself and ensuring that the people you love will remain financially, emotionally, and physically taken care of.

At Hopper, Hopper & Mulligan, PLLC, our practiced attorneys are ready to guide you through all of the relevant legal matters in order to ensure that your needs are met. Our legal team is dedicated to each client and we make sure to construct each estate plan in a way that best suits the client and his or her lifestyle. Whether you have an existing estate plan that needs updating or you need to create a plan from scratch, we can help you.

Call us at (919) 876-3300 to begin your estate plan!

Key Components in an Estate Plan

Estate plans involve much more than just a will. Each plan is a little different, containing a number of different documents that each serve a purpose depending on financial situation, property type, and personal preference.

Estate planning documents can include:

  • Power of attorney
  • Advanced Health Care Directive
  • Will
  • Trusts

Power of Attorney

With power of attorney you may appoint your spouse, family member, or other close, trusted person, with the authority to handle your financial concerns, should you be unable to do so. Financial concerns can include accessing account information, paying medical bills and other necessary expenses. Power of attorney will come into play if a person is severely injured or otherwise impaired and unable to make sound decisions. For example, if a person had severe dementia, was in a coma, or deathly ill.

A healthcare proxy, or medical power of attorney, follows the same essential rules as power of attorney, but it appoints someone the authority to make medical decisions, rather than financial.

Advanced Health Care Directive

The Advanced Health Care Directive, also referred to as a living will, directs family or loved ones in medical services and preferences, should you be unable to make those decisions yourself. This can include instructions in case of an emergency, which hospital you prefer to be taken to, treatments you would like to receive or refuse, or refusal of life support, to name a few. Having these instructions can make decisions easier on loved ones, assuring them that they fulfilled your wishes, rather than having to blindly guess.

Will

A will designates what family members or friends will receive your assets, including property, money, and any other possessions. In a will you can also make donations to charitable foundations and designate guardians for minor children.

Trusts

Trusts are often more flexible than wills, and can be used to distribute assets in more specific ways, at a specific time, or only if certain terms are met. After turning over funds or property to a third party, a trust will hold onto those assets on behalf of a beneficiary until that beneficiary is able to accept his or her trust.

Experienced Elder Law Lawyers in North Carolina

Whether your estate is large or small, you can benefit from legal advice concerning your estate planning documents. The process of estate planning can be complex and daunting, which is why having a professional by your side, guiding and advising you can only serve to benefit you. Don’t wait to secure your estate, plan for your family’s future today.

Contact Hopper, Hopper & Mulligan, PLLC for a case evaluation!

Contact Hopper, Hopper & Mulligan PLLC

We Can Help Guide You in the Right Direction
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