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Effective ways to include charitable giving in an estate plan
No matter the reasons people give to charities, most want to make their donations as powerful as possible. Estate planning has the potential to increase the effectiveness of charitable gifts…
Optimize your tax returns and avoid the gift tax
North Carolina residents who work hard to ensure they have a comfortable retirement are often surprised about how much taxes can cut into their funds. While virtually everyone can benefit…
How is North Carolina estate administration handled?
If you choose to handle the North Carolina estate of a deceased loved one, there are many responsibilities you might face, including estate administration. When an individual dies without a…
What do financial powers of attorney do?
In addition to estate planning documents like wills and trusts, you must also protect your assets in other ways. Naming a financial power of attorney is an essential part of…
Should you review your estate plan?
Creating your estate plan is a big step in end of life planning. But once you create it, you have to maintain upkeep. After all, your estate plan must reflect…
How to get the most out of charitable giving
Individuals and families who give to charity want to support a worthy cause as well as maximize the use of their money. Donors also experience a number of intangible benefits…
Estate planning considerations when a child has special needs
If your child has physical or mental health concerns that result in special medical and educational needs, he or she may need extra support even as an adult. Providing for…
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…
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