Legal Question in Wills and Trusts in North Carolina

Without knowing what assets and debts you have, I can't say. For things like land, retirement accounts like IRAs, life insurance and checking accounts, these are non-probate assets anyway so a beneficiary designation is fine. However, probate concerns other stuff - your cars, investments and personal property. These assets do not have a beneficiary designation. Just naming your spouse on a car title, for example, does not operate to transfer your share to your spouse if you die.

Wills can be a lot more affordable than you think. I can prepare wills for you and your spouse and any related documents for a reasonable fee. If you do not wish to use me or a local lawyer, then at least get a do-it-yourself kit. While these may or may not be suitable depending on your situation, having a will is better than allowing state law to govern the disposition of your assets if you have a very simple estate.

Please contact me at [email protected] if interested in discussing your estate planning needs.