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Dealing with a recalcitrant trustee
Trusts are often an attractive method for North Carolina estate owners to pass on wealth outside the probate system. However, it is important that people select the right trustees when…
How silent trusts can help people plan for the future
Many people in North Carolina want to pass on their assets to their children, and they may see the advantages of planning early on for wealth transfer. By creating trusts…
Educational trust considerations for multiple heirs
A parent or grandparent in North Carolina who wishes to fund the education of heirs through an estate plan will need to consider issues like equal treatment and differences in…
How a professional can assist with estate administration
Taking on the job of estate administration is not something to do lightly. While it may seem like an honor if someone names you executor or if the court appoints…
How to avoid these common estate-planning errors
There are several common estate planning errors that North Carolinians should be careful to avoid. One frequent mistake is failing to fill out beneficiary designation forms for the assets that…
Giving to charity through estate planning
People in Charlotte who are thinking about making a plan for their estates may be considering how they can integrate their commitment to charitable giving. Many people set goals for…
Using estate plans
North Carolina residents may point to the management of taxes as the main motive for creating an estate plan. However, there are multiple other reasons why they should consider estate…
Trusts are customizable, fall into two main categories
Trusts are among the most useful tools available for estate planning in North Carolina. They take many forms and can be designed to fit a particular person’s situation. The specific…
What are you asking your executor to handle on your behalf?
Putting together an estate plan may just be one of the most important things you do for your family. During your life, you control how you support and care for…
Tips for reducing estate tax
Some North Carolina residents may need to employ some strategies to reduce what their estate will owe in taxes. The current federal exemption is nearly $11.2 million, but for estates…
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