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Yearly Archives: 2017
Risk mitigation for trustees
As an increasing number of North Carolina residents are establishing new estate plans, trusts are becoming more complex. Today’s trusts contain many more assets, including entire businesses. As new trusts…
How to pick the right successor trustee
A living trust can provide many benefits to North Carolina residents. Part of creating such a trust is naming a trustee. While this may seem like an easy thing to…
Educational trusts and estate planning
Parents and grandparents living in North Carolina are often concerned about the cost of higher education. These individuals often seek out ways to begin saving and investing early so that…
The uses of a funeral trust
People in North Carolina who are creating an estate plan might want to consider a funeral trust. If a person has enough money to pay for long-term care and funeral…
Avoiding estate taxes on life insurance
With good planning, North Carolina residents may be able to deal with life insurance policies in a manner that minimizes estate tax consequences. Proper planning can help in this regard.…
Creating trusts in blended families
North Carolina couples who are creating an estate plan and who have children from previous marriages might be concerned about making sure that children are treated equally. For example, one…
Using a trust in an estate plan
People in North Carolina who are creating an estate plan might think that a trust is just for wealthy families. That is not accurate, as they can be used in…
Planning well for your exit from your small business
Small business owners know that it takes an incredible amount of time, effort and planning to start and sustain a business operation of any kind. You may have put an…
Tips for making beneficiary designations
Some North Carolina residents may have filled out beneficiary designations for their retirement account along with a lot of other new hire paperwork. They may not have carefully considered their…
The benefits of irrevocable trusts
People in North Carolina have many options to choose from when deciding how they want to protect the assets they intend to leave to heirs. However, an irrevocable trust has…
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