Because you love your family a great deal, you undoubtedly do not want to place them in a difficult position unnecessarily. However, if you do not create an estate plan or do not consider possible issues with your plan, you may end up leaving your family to deal with...
Month: July 2018
Appointing the right people in an estate plan
When North Carolina residents start the estate planning process, they should pay close attention to who is appointed to various roles in the estate. There are a number of different responsibilities associated with these documents. For example, there may be an agent...
Good trust advice
North Carolina residents who want to incorporate trusts into their estate plans should be wary of whose advice they use. Some professionals may provide advice that is not complex enough to address the goals of a particular estate plan, or the advice provided may be...
The benefits of a spendthrift trust
North Carolina residents who are concerned about keeping their money safe for future generations may benefit from creating a spendthrift trust. Such a trust could help prevent creditors from making claims against that money. It can also prevent a beneficiary from...
How interest rates can affect trust decisions
Trusts can be an important part of financial and estate planning for many people in North Carolina, and the decision about what type of trust to create can be influenced by changing interest rates. Interest rates are on the rise after 10 years of low rates, which...