On behalf of Orsbon & Fenninger, LLP | Feb 26, 2018 | trusts
The Tax Cuts and Jobs Act (TCJA) will likely change the way that North Carolina residents approach estate planning. The current generation-skipping trust (GST) and estate tax exemption is $11.18 million as of the first day of 2018. That amount doubles for married...
On behalf of Orsbon & Fenninger, LLP | Feb 20, 2018 | trust & probate administration
When making plans for their retirement, North Carolina residents should remember to also include their health care. This is one aspect of retirement that some people fail to plan for, which can result in a major hit on their savings if an unexpected medical crisis...
On behalf of Orsbon & Fenninger, LLP | Feb 13, 2018 | trusts
Many people in North Carolina put off estate planning, and some people pass away before they ever complete their plans. It is important for people to draft their estate plans sooner rather than later so that their families will be left with fewer burdens. Good estate...
On behalf of Orsbon & Fenninger, LLP | Feb 8, 2018 | estate tax
In 2017, Congress passed legislation that made significant changes to tax law. For people in North Carolina who are creating an estate plan, the major part of that law that may be of interest is the increase in the estate and gift tax exemption to $11.2 million for...
