There are some unique tax considerations to keep in mind when an estate owner in North Carolina passes away. In most cases, an executor or personal representative is named in the will. When one does not exist, they can be appointed by the probate court. This person is...
Month: March 2019
Setting money aside for life after reanimation
North Carolina residents who have ever contemplated cryonics may be interested to learn that there is an estate planning solution for them. For some people, the idea of having their body scientifically frozen when they die with the hopes that it could be revived one...
The value of estate planning for singles without kids
You may have friends and acquaintances around your age who are making plans for the future. That may include planning for retirement, downsizing their homes or writing their wills. While you may have similar goals in the near future, perhaps you have not given much...
How family dynamics make estate planning tough
Family dynamics can complicate the process of estate planning in North Carolina and around the country. According to a survey from Key Private Bank, 77 percent of respondents said that this was the toughest issue for their clients to overcome. Those who took part in...
Estate plans with revocable trusts
One reason North Carolina residents may want to include revocable trusts in their estate plans is to make sure that their assets are distributed in accordance with their wishes. There are many ways the distribution can be handled. The grantor can opt to use a...