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Are there alternatives to guardianship?
If you have a special needs relative or a loved one in declining health, the subject of a guardianship has probably come up. It is natural to agonize over this…
What are the benefits of a living trust?
Even with a last will and testament in place, you may still want to create a living trust. While a will dictates what you would like done with your assets…
What are the benefits of a donor-advised charitable fund?
A donor-advised fund is a savings account that lets you set aside money or assets for charitable causes you specify now or in the future. Consumer Reports explains that these…
Estate planning considerations for a second marriage
If you have decided to get married again after a divorce, you may need to adjust your estate plan. Updating your will and other documents to include your new spouse…
Use these estate planning tips to reduce estate and income taxes
As you develop your estate plan, you may consider strategies to minimize estate and income taxes. US News and World Report suggests estate planning tips that may help you and…
How can you include your pets in your estate plan?
Maybe you have set up most of your estate plan in North Carolina, or you are just getting started. People at all stages of their estate planning eventually run into…
Debt and your estate plan
Those creating or modifying an estate plan have a wide range of issues to take into consideration. Sometimes, people face a lot of uncertainty as a result of debt and…
Charitable giving strategies in 2020
The wealth you earn over your life deserves to go where you want it. At certain levels of income and assets, the government seeks to tax large percentages that could…
Do fiduciaries have to file estate tax returns in North Carolina?
When it comes to estate tax returns, the laws vary from state to state. In North Carolina, fiduciaries are required to file Form D-407A. It is crucial for fiduciaries to…
Make careful decisions when creating a power of attorney
Creating a power of attorney is a good idea not just for the elderly but also for the middle-aged as well as for young people with growing families to care…
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