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Estate planning advice for parents after remarrying
North Carolina residents who don’t pay attention to their estate plan after getting remarried could accidentally exclude their children from it. Ideally, an individual will have at least a will.…
Acting as executor is a job, and you can get paid
No matter how much you love your family members, you typically cannot control how they handle their affairs. Immensely organized may describe some of them, while others may haphazardly store…
Incentive trusts useful when leaving money to addicted family
Many families in North Carolina have experienced firsthand the devastating effects of the nationwide opioid crisis. When people are addicted to opioids, their main focus seemingly is to secure drugs…
How trusts differ from wills
Those who live in North Carolina or any other state could benefit from creating either a will or a trust. While neither is better than the other, they provide different…
Estate planning options for baby boomers
In 2019, the youngest members of the baby boom generation in Charlotte will turn 55, an age when many think more about planning for their future. This can include making…
Trusts and the pour-over will
People in North Carolina who have created a trust-based estate plan might also want to have a pour-over will. There are several reasons this may be a good idea. A…
What to do if a family member must be disinherited
An estate owner in North Carolina who wishes to disinherit a family member may want to discuss the process with a professional. Simply leaving a person out of a will…
Siblings can sometimes make estate administration difficult
It is not unusual for many people to consider their relationships with their siblings contemptuous. Years of sibling rivalry may have made it difficult for you and your siblings to…
What happens to an estate plan if both spouses die
People in North Carolina might be aware that the death of George H. W. Bush, the former president, occurred just eight months after the death of his wife, Barbara Bush.…
What to know about federal estate tax laws
Those living in North Carolina or any other state have the right to gift up to $11.18 million without any estate tax implication. The exemption amount was increased from around…
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