Estate Planning and Elder Law

While estate planning is something that becomes increasingly important as we grow older,
it should be a subject that matters to anyone with assets to protect and who desires to provide for loved ones. At the law firm of Bain & McRae, LLP in Lillington, North Carolina, our lawyers can advise you about how the tools of estate planning can help you meet your goals now and into the future. We represent clients in Chatham, Cumberland, Harnett, Johnston, Lee, Moore, Sampson and Wake counties, and other nearby communities.

Our lawyers provide a broad range of estate planning, elder law, and tax planning services.
We draft legal documents such as:

• A durable power of attorney to name a trusted person to make decisions for you in the event of incapacity
• A living will to address your concerns about having a natural death if you are in a terminal condition
• A health care power of attorney to name a trusted person to make medical decisions for you
• A last will and testament to determine how you want your property distributed upon your death and to name a guardian for your minor children
• Revocable and irrevocable trusts, which enable you to pass assets directly to beneficiaries without the time, expense and publicity of a probate proceeding
• Special needs trusts for persons needing to maintain and ensure Medicaid coverage

Our lawyers can also assist you in planning to accomplish specific goals, including:

• Medicaid and long-term care planning to help you avoid the situation where all of your assets are used up to pay for nursing home or long-term care expenses
• Business succession planning to provide an orderly transition of a family-owned business to the next generation
• Tax planning to minimize estate and other taxes and maximize the amount of your assets that are distributed to your beneficiaries

In addition to tax planning, our lawyers also represent businesses and individuals in tax disputes with the Internal Revenue Service (IRS) and the North Carolina Department of Revenue. We are experienced in cases involving non-filers, tax audits, innocent spouses and other tax issues.

Contact an estate planning and tax attorney at our Lillington, North Carolina office for more information (910) 893-5111.