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Category Archives: trusts
Incentive trusts useful when leaving money to addicted family
Many families in North Carolina have experienced firsthand the devastating effects of the nationwide opioid crisis. When people are addicted to opioids, their main focus seemingly is to secure drugs…
How trusts differ from wills
Those who live in North Carolina or any other state could benefit from creating either a will or a trust. While neither is better than the other, they provide different…
Estate planning options for baby boomers
In 2019, the youngest members of the baby boom generation in Charlotte will turn 55, an age when many think more about planning for their future. This can include making…
Trusts and the pour-over will
People in North Carolina who have created a trust-based estate plan might also want to have a pour-over will. There are several reasons this may be a good idea. A…
What to do if a family member must be disinherited
An estate owner in North Carolina who wishes to disinherit a family member may want to discuss the process with a professional. Simply leaving a person out of a will…
What happens to an estate plan if both spouses die
People in North Carolina might be aware that the death of George H. W. Bush, the former president, occurred just eight months after the death of his wife, Barbara Bush.…
How to learn from Stan Lee’s messy estate planning
Residents of Charlotte, North Carolina, and the rest of the U.S. should consider Stan Lee’s story as an example of what not to do when planning an estate. Stan Lee…
Pros and cons of joint ownership
Many North Carolina residents want to save time and make life easier for their heirs while also ensuring that their own bills will be paid off in the future. A…
Dealing with a recalcitrant trustee
Trusts are often an attractive method for North Carolina estate owners to pass on wealth outside the probate system. However, it is important that people select the right trustees when…
How silent trusts can help people plan for the future
Many people in North Carolina want to pass on their assets to their children, and they may see the advantages of planning early on for wealth transfer. By creating trusts…
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