Estate Planning 2019-10-11T13:37:51-05:00

Estate Planning

Our Services

Our attorneys work with clients to create a well-drafted estate plan. We ensure the client’s estate passes to those they wish in the intended manner. Planning ahead and having an efficient estate plan now can protect your family from enduring difficulties in the future. We work at an hourly or flat fee rate to achieve your estate planning goals no matter what stage of the process you may be in presently.

Durable Power of Attorney

The Durable Power of Attorney (DPOA) authorizes an Agent to act on your behalf regarding your financial affairs, business, property or any other legal matter when you are unable to handle them yourself.  In the event of your incapacity, without a proper DPOA in place, your spouse or other family member would not be able to act on your behalf regarding your finances without first going to the courthouse and initiating a potentially costly and time-consuming guardianship proceeding. Early preparation could save your family time, money, and aggravation in the future.

LAST WILL & TESTAMENT

As the bedrock of any estate plan, everyone should have a will. A will is a written document that instructs the distribution of your assets to your intended beneficiaries upon your death.

An existing will can always be updated by a codicil to account for life changes. The most updated will and any codicils are presented to probate at the time of death.

Learn more HERE.

TRUSTS

A trust is simply an arrangement by which you, the Settlor (or often “Grantor”), authorizes another person or entity (such as a banking institution), called the Trustee, to hold and manage assets for the benefit of a third party, called the Beneficiary or Beneficiaries.

There are many advantages for establishing a trust, and despite a common misconception, trusts are not only for the wealthy. Our attorneys can help determine if a trust is right for your estate planning goals. Read on to learn more about types of trusts that can be advantageous for your estate planning needs.

Learn more HERE.

Healthcare Power of Attorney | Living Will (“Advance Directive”)

The Healthcare Power of Attorney (HCPOA) appoints a trusted individual to make health care decisions for you when you become unable to make those decisions yourself. The HCPOA is structured such that you may either have your Agent use their best judgment in making decisions regarding your healthcare or follow specific instructions outlined in a Living Will.

A Living Will presents the manner in which medical professionals facilitate procedures when you become incapacitated or terminally ill. The two documents are often best when used together in one’s estate plan to remove the difficult, stressful and often emotional decisions required of a health care agent.

Appointing the right person to serve as your health care agent should be someone able to make the difficult choices and act in your best interests during stressful and emotional situations.

Caleb Gregory | Vyas Realty Law new Attorney | Raleigh, North Carolina

Caleb Gregory, Esq.

Caleb works with individuals and households of all professions, ages, and income levels to ensure the right plan is in place.

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