The biggest threat to your estate is - doing nothing.
A recent survey by Caring.com found that the top reason people don't have a will or trust is they just haven't gotten around to it. It's sad but true that the majority of Americans don't have an estate plan.
Unfortunately, this means problems for your loved ones. Every day I work with families dealing with the court's intestate administration process to transfer title to property when there is no will. Sadly for these families, things don't always "work out." Property can go to the wrong person and you can accidentally disinherit the people who mean the most to you. If you are concerned about fairness to your loved ones, you should get a will at a minimum. Don't rely on your state's default rules for distributing your property when you're gone.
The situation is even more serious if you have young children because you won't have a say in who becomes their guardian unless you have a will. That means, a court will decide who raises your children if you aren't around.
Don't let your procrastination put your family at risk! To help you get started on an estate plan to protect your family, we have lots of educational material on our website. Take a look at our valuable estate planning book, checklist, and articles full of tips and helpful information. They were written by me for residents of North and South Carolina. You can request your free download of my book by clicking on the link on this page. If you still have questions, give me a call at 704.887.5242.