One of the things that President Trump campaigned on was eliminating the federal estate tax. This has made a number of people wonder if they will need to bother with creating an estate plan if the estate tax is abolished. However, many people don't have to worry about...
Month: March 2017
Michael Jackson estate battles IRS over image rights
Music fans in North Carolina and around the country may be interested in learning about some recent developments concerning his legacy. The legendary performer's reputation had been badly damaged by child abuse allegations when he died, which prompted his estate to...
Does a new marriage mean you need a new estate plan?
Remarriage can be an exciting time for a North Carolina family, but like other significant life events, it can also signal significant financial changes. In the event that you are getting married for a second or subsequent time, you would be smart to make plans beyond...
Common methods to avoid probate
The probate process may take several months to complete and cost thousands of dollars in legal fees. However, there are ways in which North Carolina residents may be able to prevent their assets from going though probate. The first way to do this is to create a living...
Uncertain tax laws, trusts and estate planning
People in North Carolina who need to make estate plans might wonder whether they should wait until new tax laws are passed by the Trump administration. The best course of action is to avoid delaying the creation of an estate plan and make one that's based on existing...
Have a pet? Consider a pet trust in your estate plan
If you are like many other residents in Charlotte, an animal is an important member of your family. Just like any member of the family, your pet needs to be cared for, and you may want to ensure this happens by creating a pet trust. A pet trust is an estate planning...
