Charlotte Estate Planning Blog
Appointing multiple trustees to your special needs trust
When you plan a special needs trust, assuming you are not going to act as a trustee, choosing a trustee will be a crucial choice. However, your choice may not be an easy one since your trustee needs to have the best interests of your relative in mind. Fortunately, it...
New tax law changes charitable strategies
Many people in North Carolina make donations to charities at different times in the year. Some of these donations may be modest while others may be more substantial. In the end, however, they all add up to help important causes. Consumers should feel good about making...
How can you include charitable giving into your estate plan?
How important is philanthropy to you? If you support causes now, then you may want to continue to support said causes, even after you pass away. Think about the charities and nonprofits that you support now. Will you leave behind a legacy? If you choose an estate...
Can you include special needs children into your estate plan?
When residents of North Carolina begin to form their estate plan, there are a lot of considerations. If you have a child with special needs, you may need to make him or her the priority when developing an estate plan. How can you know that your child receives the care...
Preserving your wealth for future generations
Transferring wealth from your North Carolina estate to beneficiaries is far from simple, especially if you wish for it to continue through several generations. Legacy planning goes beyond simply drawing up a will. At Orsbon & Fenninger, LLP, we often provide...
What to include in a comprehensive estate plan
It is a good idea to review your estate plan on a regular basis, not just after a major life change. Even if your circumstances have not changed, state and federal government may have enacted new laws that can have an unexpected negative impact on your existing plan....
How can I give to charity after my death?
If charitable giving is an important part of your life in North Carolina, then you may like knowing that when you die, you can make a plan to continue giving. Forbes explains that you can set up your estate plan to allow for charitable giving. You can give either...
What is a special needs trust?
When you have a child with special needs, his or her care is always on your mind. In addition to his or her current care, as the parent, you have to plan for your child’s future also. In the unfortunate event that you are not there in his or her future, you need a...
Tax benefits of a charitable remainder trust
Estate planning is about more than determining what happens to your property after your death. It is also an opportunity to give charitable contributions and enjoy some tax breaks. Setting up a charitable remainder trust allows you to make generous donations while...
How to estate plan after a second marriage
Being part of a blended family can make estate planning harder. Therefore, it is important that those in North Carolina and throughout the country who are getting married for a second time review their current plan. Updating beneficiary and insurance forms can help to...
