Month: May 2018

Why estate planning can be an important step

People in North Carolina often want to enjoy a greater level of control and management of their assets and their future, even when facing declining health. This means that estate planning can be particularly critical not only to setting one's affairs in order but to...

Mistakes in estate planning

Only 40 percent of people in the United States who are at least 60 years old have completed the appropriate documents to ensure that their healthcare and finances are looked after if they are unexpectedly incapacitated. People who do not have an estate plan that...

Estate planning for special needs individuals

If a North Carolina family has a special needs member, it may be necessary to account for that in an estate plan. Ideally, a family will create a special needs trust (SNT) where family members can make contributions for that person's care. It can also be where an...

Taking care when naming trustees

Some people in North Carolina recognize the value of establishing trusts as a component of their estate plans. While trusts can help people avoid probate and distribute their assets in a tax-advantaged manner, it is important that individuals do not make mistakes when...

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