On behalf of Orsbon & Fenninger, LLP | Aug 28, 2018 | trust & probate administration
The death of legendary singer Aretha Franklin has shined a new spotlight for many North Carolina fans on the complications that can ensue from dying without a will. When the 76-year-old star passed away in August after battling pancreatic cancer, she had no will or...
On behalf of Orsbon & Fenninger, LLP | Aug 23, 2018 | Firm News
North Carolina small business owners know how difficult it is to start a business and make it successful. It takes careful planning and strategy to start a profitable company, but it is also important to plan for the future of your business as well. You can do this by...
On behalf of Orsbon & Fenninger, LLP | Aug 20, 2018 | trusts
Many people in North Carolina are among the half of all baby boomers and 70 percent of all Americans who do not have an estate plan. All adults need an estate plan regardless of their age or income level. Estate plans do not have to be complicated documents, but they...
On behalf of Orsbon & Fenninger, LLP | Aug 14, 2018 | trusts
North Carolina residents who are planning for the future may be interested to learn about the ways in which recent tax reforms affect trusts and estates. The Tax Cuts and Jobs Act, which passed in December 2017, has a number of implications for estate planning. In the...
On behalf of Orsbon & Fenninger, LLP | Aug 9, 2018 | trusts
Many people in North Carolina use trusts as estate planning tools. These types of accounts can provide significant benefits in terms of estate tax planning and give funders a measure of control over how their assets can be used in the future. In order to ensure the...
On behalf of Orsbon & Fenninger, LLP | Aug 7, 2018 | estate tax
There are an estimated 1,800 estates that will be subject to federal estate taxes after the passage of the Tax Cuts and Jobs Act. The legislation increased the federal estate tax exemption to $11.2 million and $22.4 million for married couples. North Carolina...
