A guardianship is a legal relationship where a guardian is the substitute decision maker for an incompetent adult. In North Carolina, the court may find a person incompetent where he or she cannot manage his or her affairs or cannot make important decisions....
Your will is a foundational part of your estate plan. This document lets you determine how you want to distribute your property upon your death. According to the American Bar Association, your will can range in complexity and encompass a variety of tax and family...
A lot of people feel a sense of relief when they create their estate plan, and for good reason. Creating a detailed estate plan means that you have legal vehicles in place to direct the distribution of your assets as you see fit. But, while you should feel good about...
Creating a will is one of the first steps you will take as you begin the estate planning process. However, creating a will is more than just writing down who you want to leave your family heirlooms to. Each state has its own requirements for making a will and these...
We get it, estate planning seems daunting. But, in the midst of the craziness of the last year or two, it has become quite the popular topic in the news and on social media. This is because estate planning is how we plan for the inevitable, death and taxes....
It is commonly known that having a will is important if you have a preference regarding who you want to inherit your property and assets when you die. Many people in Charlotte have taken the wise step of executing a will. But is a will their only estate planning tool?...
For estate planners who want to include charitable giving as part of their estate plan, they should be familiar with the process and how estate planning tools can help them set up their charitable plan. Incorporating charitable giving can be an important part of...
If you have a substantial estate, want to provide for a relative who has a disability or seek to avoid some tax liability, setting up a trust may be an integral part of your comprehensive estate plan. While you must be certain to comply with legal and technical...
The care and attention that loved ones give to a child with special needs does not end when they grow up. Fortunately, there are government programs that can give basic support to such individuals for food, clothing and shelter. But the assistance may not provide...
Many, but not all, people who have a sizeable estate have a will. However, what if you died intestate, that is, without a will? In this situation the court will designate someone to serve as the administrator of your estate, referred to as a “personal representative”...
