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Strategies for selecting a legal guardian
For many parents in North Carolina, the task of choosing another person, couple or family to assume guardianship of their children can be a serious matter. Parents can only hope…
3 qualities your power of attorney should have
While you may have enjoyed a healthy life so far, you probably recognize the frailties of the human body. Whether due to age, illness or injury, you may have difficulty…
Detailing intestate succession
After the initial shock and/or sadness surrounding the death of your spouse begins to abate, you may begin to question how they wished to have their assets distributed. Typically those…
What is decanting?
Some people are not sure about setting up trusts because they can be hard to change. Irrevocable trusts, for example, cannot be altered unless the beneficiaries consent to it. Fortunately,…
How elective share may affect your estate plan
The first part of any new year is a good time to revisit your existing estate plan. If you do not already have one in place, drafting a comprehensive will…
Philanthropic strategies under new tax law
Many people in North Carolina find contributing to charitable organizations a way to help others and promote causes that they believe in. These organizations may be big or small, as…
What will happen to my pet when I am not around?
A common fear among many pet owners is what may happen to their pets upon their death. To many people, pets are like family. Since they cannot inherit property or…
Estate planning and a loved one’s mental illness
When a family member has a mental illness, this can create many obstacles for them as well as all of their loved ones. People may have a lot of concerns…
New tax law changes charitable strategies
Many people in North Carolina make donations to charities at different times in the year. Some of these donations may be modest while others may be more substantial. In the…
Appointing multiple trustees to your special needs trust
When you plan a special needs trust, assuming you are not going to act as a trustee, choosing a trustee will be a crucial choice. However, your choice may not…
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