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Do family members make the best executors?
When trying to choose an executor for your estate plan, it is likely that you will think of family members before anyone else. After all, you are likely closest to…
What should you know about estate plan reviews?
The prioritization of estate plan reviews is a crucial part of the process. After all, reviewing the entire estate plan every three years is a monumental task, and many people…
What are the advantages of estate planning?
Creating a solid estate plan is a worthy endeavor, no matter your life stage. Estate planning does more than allocate your assets after you pass. It allows you to establish…
Why do sibling spats over estates happen?
Many people are likely familiar with the trope of families fighting over a deceased relative’s estate or will. Unfortunately, this actually happens in real life and can result in the…
What do executors of estates manage?
Estate plans are not simple matters, and the people who oversee them – executors – do not have an easy task at hand. What exactly do these executors have to…
Can middle-income North Carolinians benefit from trusts?
If you are like many North Carolinians, you may believe trusts are something only the wealthiest individuals establish. After all, popular culture has had a field day with trust-fund pseudo-celebrities.…
Do you have what it takes to be a special needs trustee?
If someone you know has a child who has some type of disability, your friend may have asked you to serve as a special needs trustee. Before you accept the…
Can you face lawsuits for mismanaging an estate?
When someone in North Carolina appoints you the executor over his or her estate, you may find that there are many moving parts involved in the role. You have certain…
What expenses can a special needs trust pay?
If your child has certain physical, mental or emotional disabilities, he or she simply may not be able to work. This, of course, means your son or daughter is likely…
What can a trust accomplish that a will cannot?
When you draft your will in North Carolina, you may find that there are limits to what it accomplishes. A will gives you a chance to say where you want…
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