Month: December 2018

Trusts and the pour-over will

People in North Carolina who have created a trust-based estate plan might also want to have a pour-over will. There are several reasons this may be a good idea. A pour-over will places a person's assets in the trust if they have not already been put there or are not...

What to know about federal estate tax laws

Those living in North Carolina or any other state have the right to gift up to $11.18 million without any estate tax implication. The exemption amount was increased from around $5 million as per the Tax Cuts and Jobs Act (TCJA). However, the exemption is planned to...