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Yearly Archives: 2018
How the probate process can affect an estate plan
When people in Charlotte think about estate planning, they may consider where they want their belongings to go after they die. However, in many cases, they may not fully consider…
Star Aretha Franklin dies without a will
The death of legendary singer Aretha Franklin has shined a new spotlight for many North Carolina fans on the complications that can ensue from dying without a will. When the…
A succession plan is good for your small business
North Carolina small business owners know how difficult it is to start a business and make it successful. It takes careful planning and strategy to start a profitable company, but…
Steps to creating an estate plan
Many people in North Carolina are among the half of all baby boomers and 70 percent of all Americans who do not have an estate plan. All adults need an…
Tax law changes for trusts and estates
North Carolina residents who are planning for the future may be interested to learn about the ways in which recent tax reforms affect trusts and estates. The Tax Cuts and…
Trust accounts and FDIC insurance limits
Many people in North Carolina use trusts as estate planning tools. These types of accounts can provide significant benefits in terms of estate tax planning and give funders a measure…
Tax code changes impact life insurance trusts
There are an estimated 1,800 estates that will be subject to federal estate taxes after the passage of the Tax Cuts and Jobs Act. The legislation increased the federal estate…
3 estate issues and how you can prevent them
Because you love your family a great deal, you undoubtedly do not want to place them in a difficult position unnecessarily. However, if you do not create an estate plan…
Appointing the right people in an estate plan
When North Carolina residents start the estate planning process, they should pay close attention to who is appointed to various roles in the estate. There are a number of different…
Good trust advice
North Carolina residents who want to incorporate trusts into their estate plans should be wary of whose advice they use. Some professionals may provide advice that is not complex enough…
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