Intestate succession laws take over when a loved one dies without a will. These laws are incredibly specific and vary by state. In North Carolina the succession laws specify who inherits the decedents estate and exactly how much they would inherit. Obviously, what the state thinks should be done with your assets when you die will likely not be what you would want. Yet without a will or trust, the state is in charge.

According to intestate succession laws it’s not just an individual’s spouse or children who would inherit but the individual’s parents and grandparents, and grandchildren. If you were to die without a will, settling your estate could take your family several months to years. The good news the stress of this process can be easily avoided. 

Alloy Wealth offers Estate & Trust services to help people manage their affairs and express their wishes while they’re here and when they are gone. We work with fee-based attorneys to help create and file the legal documents that will ensure your legacy plan is carried out. Keep in mind, the beneficiaries you name on individual policies and assets take precedence over a will or trust. 

Once your estate plan is finalized to your liking, we will meet with you regularly to update your documents to reflect any changes to your family or goals. It takes about a month from the initial consultation to the final document review for an estate plan to be finalized. During your first visit you’ll answer a lot of questions about your assets, family, and wishes – and we will do the rest. The estate planning process is much less daunting than you’d think. To schedule an appointment, call 800-689-3935.