Connors Morgan, PLLC

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March 2019 Archives

How will probate effect my estate?

The process of settling a person's will after their death is called probate. Probate is usually handled in court and can be complicated, time consuming and expensive. Fortunately, depending on what the property is and how much the value of a person's estate is, not everything has to go through probate.

A well-rounded estate plan can include some basic documents

Some people in North Carolina know that estate planning and administration will be an important part of their lives and the lives of their loved ones. One basic document to include in an estate plan is a will. A will can designate who is to inherit which assets. If you do not have a will when you pass away, your estate will be subject to intestate succession, wherein state law determines who is to inherit your estate, which may not be what you would have chosen. For parents with minor children, a will can also name a person who will be guardian of your children should you die before your children are grown. Again, without a will, it is the state that will make such decisions. So, if you have a preference, it is prudent to execute a will.

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Connors Morgan PLLCConnors Morgan, PLLC

Connors Morgan, PLLC
1175 Revolution Mill Dr. #8
Greensboro, NC 27405

Phone: 336-645-8422
Fax: 336-333-7909
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