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Steps to creating an estate plan
Many people in North Carolina are among the half of all baby boomers and 70 percent of all Americans who do not have an estate plan. All adults need an…
Tax law changes for trusts and estates
North Carolina residents who are planning for the future may be interested to learn about the ways in which recent tax reforms affect trusts and estates. The Tax Cuts and…
Trust accounts and FDIC insurance limits
Many people in North Carolina use trusts as estate planning tools. These types of accounts can provide significant benefits in terms of estate tax planning and give funders a measure…
Tax code changes impact life insurance trusts
There are an estimated 1,800 estates that will be subject to federal estate taxes after the passage of the Tax Cuts and Jobs Act. The legislation increased the federal estate…
3 estate issues and how you can prevent them
Because you love your family a great deal, you undoubtedly do not want to place them in a difficult position unnecessarily. However, if you do not create an estate plan…
Appointing the right people in an estate plan
When North Carolina residents start the estate planning process, they should pay close attention to who is appointed to various roles in the estate. There are a number of different…
Good trust advice
North Carolina residents who want to incorporate trusts into their estate plans should be wary of whose advice they use. Some professionals may provide advice that is not complex enough…
The benefits of a spendthrift trust
North Carolina residents who are concerned about keeping their money safe for future generations may benefit from creating a spendthrift trust. Such a trust could help prevent creditors from making…
How interest rates can affect trust decisions
Trusts can be an important part of financial and estate planning for many people in North Carolina, and the decision about what type of trust to create can be influenced…
An estate plan can protect your growing family
When you welcome a new baby into your family, it changes your life in many ways. There are those temporary adjustments, like late nights, diaper changes and high chairs. However,…
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