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Why should I establish a trust if I already have a will?
It is commonly known that having a will is important if you have a preference regarding who you want to inherit your property and assets when you die. Many people…
How to incorporate charitable giving into an estate plan
For estate planners who want to include charitable giving as part of their estate plan, they should be familiar with the process and how estate planning tools can help them…
3 factors to consider when choosing a trustee
If you have a substantial estate, want to provide for a relative who has a disability or seek to avoid some tax liability, setting up a trust may be an…
Taking care of a child with special needs
The care and attention that loved ones give to a child with special needs does not end when they grow up. Fortunately, there are government programs that can give basic…
Who is qualified by law to be a personal representative?
Many, but not all, people who have a sizeable estate have a will. However, what if you died intestate, that is, without a will? In this situation the court will…
Understanding North Carolina’s process to contest a will
When a person passes away and has a will, often his or her property is distributed to the beneficiaries and the estate is closed. However, in some circumstances a party…
Estate plan concerns to address with children after a remarriage
For North Carolina residents who have had success in life and accrued a healthy nest egg and substantial assets, it is important to understand the importance of estate planning. Whether…
Estate plan considerations for a second marriage
When deciding to marry again after divorce, updating your estate plan can ensure it continues to meet your needs. Conversely, a failure to review and change important documents can have…
Including pets in an estate plan
For many people, pets are part of their family and are close companions. Pet owners may not be aware that they can create a trust that addresses how their pets…
Estate planning can include charitable contributions
People may choose to include a charity in their estate plan for a variety of reasons, including leaving a legacy for an organization or cause close to their heart. They…
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