What are the opening hours?

Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 3pm

Privette Legacy Planning

Home
United States
Cary, NC
Privette Legacy Planning

Creating a personalized, effective plan for your family is our mission. Our job is to help you share that legacy with those you love. Old or young.

There are many different types of legacies that we can leave behind for our families, friends, and loved ones: a financial legacy, a spiritual legacy, a moral legacy, an educational legacy, a legacy of heritage and culture, and many others. Single or married. Kids or no kids. No matter the size of the family or the portfolio, everyone should have an estate plan in place for their life. We want to

help you leave a legacy for the next generation and beyond. Most attorneys focus only on the financial legacy (that is, the estate). We are not so limited. Yes, we work with each of our clients to create a customized estate plan that protects their assets, but that only scratches the surface of what we do. We sincerely want to learn about your family, about the people and things that matter most to you, so that we can effectively advise you on setting up an estate plan that will endure beyond your lifetime and ensure that your loved ones are protected. In addition, contrary to popular belief, the worst thing to happen to you is not your death. Rather, the worst thing is to be suddenly incapacitated and incapable of making decisions for yourself. This is why it is vital to work with an estate planning attorney to put a comprehensive plan in place now - while you are capable of expressing your wants and wishes! Visit our website or give us a call to learn more about the vast array of services we offer. No posts on this page should act as legal advice. For legal advice pertaining to your case or situation please call to speak with our staff.

09/03/2026

📚 THE ABCs OF ESTATE PLANNING
Lesson 11 of 26: K is for Kids

Kids make estate planning even more important.

If you have minor children, your plan should address more than just who gets your money. Estate planning for parents is really about planning for the people who depend on you.

Who would care for them?

Who would manage money for them?

Should the same person do both (we recommend not so you don't lose important checks and balances)?

Atwhat age—or stage of life—should my kids receive an inheritance?

Estate planning for parents is really about answering one big question:
“What happens to my children if I can’t be there?”

🎒 Estate Planning Homework:
✏️Consider the values and traditions you would want instilled in your kids if you weren't there to teach them, and start writing them down.

📚 Class resumes tomorrow with the "L" lesson.

09/02/2026

📚 THE ABCs OF ESTATE PLANNING
Lesson 10 of 26: J is for Joint Ownership. 🏠

Joint ownership means two or more people own an asset together. A house. A car. A bank account.

Depending on how the property is titled, ownership may affect what happens to that asset when one owner dies.

💡 “It's jointly owned” doesn't tell the whole story. Different forms of joint ownership can have different consequences.

For example, a car can be titled in both names of a married couple and it mean each person owns 50% of the car. The same car can be titled in both names of the married couple in a slightly different way and it means each person owns 100% of the car.

This can make a huge difference in estate planning.

🎒 Estate Planning Homework:
Take a look at how your major assets are titled. You might learn something surprising.

Class dismissed. See you tomorrow for K. 📚

09/01/2026

📚 THE ABCs OF ESTATE PLANNING
Lesson 9 of 26: I is for Intestate.

Dying intestate means dying without a valid will.

When that happens, North Carolina law determines who inherits your property.

And 9 times out of 10, the state's plan is NOT what you would have chosen. For example, if you're married and die without a plan, your spouse does not automatically inherit everything. It may be split with your kids OR your parents!

💡 “I don’t have much” isn’t a reason to skip estate planning. If you want to be in control of where things go after you die, then it's important to plan.

🎒 Additional Resource Alert:
We've created a graphic summarizing 4 different outcomes under the intestate laws of NC: single without kids, single with kids, married without kids, and married with kids. If you want to see how the state's plan lines up with your own ideas for your loved ones, comment “GRAPHIC” or send us a DM and we’ll share it with you.

Make sure to come back tomorrow for our J lesson! 📚

08/31/2026

📚 THE ABCs OF ESTATE PLANNING
Lesson 8 of 26: H is for Heir.

Heir and beneficiary sound like they mean the same thing—but they don't.

An heir is generally someone who may inherit under the law when someone dies, while a beneficiary is someone specifically designated to receive an asset or benefit.

And here's where things get interesting:

You can be someone's heir without being named a beneficiary in their will. You can also be someone's beneficiary without being an heir.

For example, a person might name a friend as the beneficiary of a life insurance policy. That friend may not be an heir at all.

Don't assume the people who inherit under the law are the same people identified in your estate plan.

Knowing the difference matters.

🎒 Extra Credit Alert:
Don't forget to save and share the lessons you find helpful along our ABCs journey. There's someone out there right now who thinks they don't need a plan. They'd be wrong.

Any guesses on tomorrow's "I" lesson? 📚

08/30/2026

📚 THE ABCs OF ESTATE PLANNING
Lesson 7 of 26: G is for Guardian

If you have minor children, one of the biggest questions to address in your estate plan is: who would take care of them if you couldn’t?

It’s not an easy conversation—but it’s an important one.

Be careful though! Most people only think of naming a Guardian in their Will in case of death.

But what if a parent becomes incapacitated, disabled, or otherwise unable to take care of the kids?

That's why having a Will is not enough.

Parents also need a Designation of Standby Guardianship.

🎒 Additional Resource Alert:
Choosing a guardian is one of the most important decisions a parent can make. But it's also one of the hardest. We see so many parents delay planning because they get stuck on this one issue. That’s why we created our “10 Questions to Consider Before Naming a Guardian” guide.

If you’ve been stuck on this same issue, this guide might be the tool that helps you finally move forward.

Comment “GUARDIAN” or send us a DM and we’ll share it with you. 📚

08/29/2026

📚 THE ABCs OF ESTATE PLANNING
Lesson 6: F is for Fiduciary

“Fiduciary” is one of those words that sounds much more complicated than it is.

A fiduciary is someone who has a legal duty to act in another person’s best interests when managing certain responsibilities or assets.

Executors, trustees, and agents under powers of attorney can all have fiduciary responsibilities.

💡 In plain English: being trusted with someone else’s affairs comes with a higher level of responsibility and certain duty of care.

For example, your Trustee is a fiduciary because she is legally obligated to make decisions, manage your money and assets, and otherwise act for your benefit, if you're incapacitated, or for the benefit of your trust beneficiaries, if you're deceased.

🎒 Extra Credit:
Review Lesson #2 on Beneficiaries to recall the difference between a beneficiary and an heir.

6 down. Only 20 more to go. ☺️📚

08/28/2026

📚 THE ABCs OF ESTATE PLANNING
Lesson 5: E is for Executor

Your executor is the person named in your will to handle the administration of your estate after you die.

Depending on the circumstances, that can include gathering assets, paying valid debts and expenses, selling your car or house, and distributing your property according to your estate plan.

So who should you choose?

Not necessarily the oldest child. Not necessarily your best friend.

Choose someone who is organized, responsible, and willing to do the job.

Here's something you may not know:

Naming someone as an Executor in your Will does not automatically grant them any legal authority. It's only a nomination. The named individual actually has to apply to court to be appointed the Executor.

And if your nominated person is not a North Carolina resident, then there will be extra hoops and hurdles they'll have to overcome before the court will allow them to step into the Executor role.

🎒 Estate Planning Homework:
It's Friday! There's no homework on Fridays! 😉
But come back tomorrow for our F = Fiduciary lesson. 📚

08/27/2026

📚 THE ABCs OF ESTATE PLANNING
Lesson 4: D is for Decedent

“Decedent” sounds like a complicated legal word. But it really just means a person who has died.

You’ll see the word in probate documents, court filings, estate paperwork, and other legal communications.

Just don't confuse "Decedent" with "Descendant."

If you're reading this, you are someone's descendant. But you're not a decedent! 👻

🎒 Estate Planning Homework:
Keep following along. Estate planning comes with plenty of unfamiliar terminology. Knowing the vocabulary can make the process feel a lot less intimidating.

By the end of this series, you’ll know more estate planning than you probably expected!

Class dismissed. See you tomorrow for E. 📚

08/26/2026

📚 THE ABCs OF ESTATE PLANNING
Lesson 3: C is for Codicil ✍️

A codicil is a legal document used to make certain changes to an existing will without replacing the entire will.

Think of it as an update rather than starting from scratch.

Changed your mind about one provision? A codicil may be an option. But sometimes a new will may make more sense, particularly if you’ve had significant life changes.

Marriage. Divorce. New children. Grandchildren. Major financial changes.

Your estate plan should keep up with your life.

As we rely more on computers and less on typewriters, codicils are becoming less common. It's often easier to simply edit the original Will document, reprint it, and re-sign it, than to prepare a codicil.

🎒 Estate Planning Homework:
Has your life changed since you signed your will?

Class dismissed. See you tomorrow for D. 📚

08/25/2026

📚 THE ABCs OF ESTATE PLANNING
Lesson 2: B is for Beneficiary. 💰

Your beneficiaries are not the same thing as your heirs.

A beneficiary is the person or organization you designate to receive an asset when you die.

Your heirs are those persons who inherit from you under operation of law when you have no estate plan documents or designations in place.

Here’s the important part:

Your will or your trust isn't the only thing that determines your beneficiaries.

Beneficiaries can also be named on things like life insurance policies, retirement accounts, and certain bank or investment accounts.

Beneficiary designations can override your will or trust. If there's a contradiction between your estate plan and your beneficiary designation, the beneficiary designation controls—so keeping them up to date matters!

🎒 Estate Planning Homework:
When was the last time you checked your beneficiary designations? 🫣

Class dismissed. See you tomorrow for C. 📚

Address

1400 Crescent Green Ste G-100
Cary, NC
27518

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 3pm

Telephone

+19196785761

Website

http://www.leavealegacync.com/

Alerts

Be the first to know and let us send you an email when Privette Legacy Planning posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Privette Legacy Planning:

Want your business to be the top-listed Law Practice in Cary?