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Successful estate plans pay close attention to several issues
Families that hold substantial assets in North Carolina typically seek financial and legal advice when planning their wealth transfers. Every person who writes a will, sets up a trust or…
What to do about passwords in an estate plan
Some North Carolina residents who are creating an estate plan might not have considered what they need to do to ensure their executor or family members have access to any…
Can your family benefit from drafting a special needs trust?
Every family is different, which means every family will have different estate planning goals. If you have a disabled or special needs individual in your family, it is beneficial to…
Estate planning tips for collectors
Individuals who like to collect valuables may have to work a little harder to ensure that their estate plan accounts for those items. This is because payment and other records…
A DAPT could be a powerful estate planning tool
An estate planning tool called domestic asset protection trusts (DAPTs) may make it possible to minimize income and estate taxes. The DAPT is a self-settled irrevocable trust, which means that…
How trusts can help most people
There are many different types of trusts that North Carolina residents can have as part of their estate plan. The most common one is a grantor trust, and it makes…
Planning ahead for estate taxes
There are some unique tax considerations to keep in mind when an estate owner in North Carolina passes away. In most cases, an executor or personal representative is named in…
Setting money aside for life after reanimation
North Carolina residents who have ever contemplated cryonics may be interested to learn that there is an estate planning solution for them. For some people, the idea of having their…
The value of estate planning for singles without kids
You may have friends and acquaintances around your age who are making plans for the future. That may include planning for retirement, downsizing their homes or writing their wills. While…
How family dynamics make estate planning tough
Family dynamics can complicate the process of estate planning in North Carolina and around the country. According to a survey from Key Private Bank, 77 percent of respondents said that…
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