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Yearly Archives: 2022
What do executors of estates manage?
Estate plans are not simple matters, and the people who oversee them – executors – do not have an easy task at hand. What exactly do these executors have to…
Can middle-income North Carolinians benefit from trusts?
If you are like many North Carolinians, you may believe trusts are something only the wealthiest individuals establish. After all, popular culture has had a field day with trust-fund pseudo-celebrities.…
Do you have what it takes to be a special needs trustee?
If someone you know has a child who has some type of disability, your friend may have asked you to serve as a special needs trustee. Before you accept the…
Can you face lawsuits for mismanaging an estate?
When someone in North Carolina appoints you the executor over his or her estate, you may find that there are many moving parts involved in the role. You have certain…
What expenses can a special needs trust pay?
If your child has certain physical, mental or emotional disabilities, he or she simply may not be able to work. This, of course, means your son or daughter is likely…
What can a trust accomplish that a will cannot?
When you draft your will in North Carolina, you may find that there are limits to what it accomplishes. A will gives you a chance to say where you want…
The benefits of a revocable trust
Estate planning can ensure the distribution of your assets according to your wishes when the time comes. To make sure this happens, there are various tools and legal documents available…
Guardianship and estate planning
When parents plan their estates, one key inclusion is guardianships. This is especially important for parents of children who may never be able to live on their own. And, while…
Power of attorney abuse: Who is culpable?
Power of attorney gives someone the legal authority to act for someone else. It is common for aging adults to authorize a trusted agent to make financial or medical decisions…
Helpful tax strategies for your charitable giving
North Carolina residents often donate to charities they care about. Charitable donations are a positive way to spend your hard-earned money by making a valuable contribution to a higher cause,…
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