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”...
When a person passes away and has a will, often his or her property is distributed to the beneficiaries and the estate is closed. However, in some circumstances a party may contest the will. In North Carolina, the formal name for this challenge is a caveat proceeding....
For North Carolina residents who have had success in life and accrued a healthy nest egg and substantial assets, it is important to understand the importance of estate planning. Whether that is using wills, trusts or other means to protect their interests and the...
When deciding to marry again after divorce, updating your estate plan can ensure it continues to meet your needs. Conversely, a failure to review and change important documents can have unintended consequences. These are the key estate planning factors to consider...
For many people, pets are part of their family and are close companions. Pet owners may not be aware that they can create a trust that addresses how their pets will be cared for if the pet owner passes away, becomes disabled or is otherwise unable to care for the pet....
People may choose to include a charity in their estate plan for a variety of reasons, including leaving a legacy for an organization or cause close to their heart. They may also want to consider the other benefits of charitable estate planning, including tax savings....
You cannot fathom the idea of not raising your child, but you must face the possibility that something may happen to you and your partner. How do you select the right individual to step in and take over your parental duties? Forbes offers ideas to keep in mind when...
