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.
Many people feel a great sense of satisfaction in charitable giving. After all, many people have causes they feel passionately about and want to support. One way that people can give to a favorite charity is through their estate plan. There are a variety of ways to accomplish this.