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Using an AB trust to reduce estate tax
Married couples in North Carolina might want to know about the possible tax benefits they could be eligible for, and an AB trust is one tool that a couple may…
Understanding powers of attorney to spot abuse
Thanks to advances in medical and pharmaceutical technology, people are living longer. Sadly, not everyone gets to enjoy a long life free from disease, injury or mental deficiencies. Preparing for…
Celebrity estate planning mistakes to learn from
Most North Carolina residents do not have as much money as late celebrities like Prince, Whitney Houston or Heath Ledger. However, everyone can take a lesson from the estate planning…
How people might avoid the probate process
Many North Carolina want to avoid having their estates go through the probate process, but they may not be sure how they can do so. For real estate and other…
Will the estate tax be repealed?
North Carolina voters likely know that a debate has been brewing regarding the enforcement of estate and gift taxes. Donald Trump inquired about the possibility of repealing the federal estate…
How special needs trusts help North Carolina residents
A special needs trust may be an effective tool for parents who are concerned about their child’s welfare after they are gone. Putting assets into such a trust may ensure…
Ending a trust
A trust is a tool for property management, and one that is set up in North Carolina or anywhere else will eventually come to an end. In general, a trust…
Estate planning can provide peace of mind the 2nd time around
More than half the nation’s citizens who are over 55 years old are in second, third or subsequent marriages. This number includes seniors in all states including North Carolina, and…
Blind trusts may not be feasible for President-elect
Most North Carolina residents can maintain investment portfolios without encountering any concerns over conflicts of interest. However, when a person is elected to public office, conflicts of interest are a…
Bypassing probate in North Carolina
When an estate goes through the probate process, it is an attempt to determine that a testator’s will is valid. It may also attempt to locate any beneficiaries or other…
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