There are many moving parts to consider when planning your estate, but it is also important to make necessary provisions for yourself while you may still be alive. Americans are living longer than ever these days, which is a feat of medical science, but this means...
Month: January 2020
Strategies for selecting a legal guardian
For many parents in North Carolina, the task of choosing another person, couple or family to assume guardianship of their children can be a serious matter. Parents can only hope that the people they have chosen to take over raising their children are honorable,...
3 qualities your power of attorney should have
While you may have enjoyed a healthy life so far, you probably recognize the frailties of the human body. Whether due to age, illness or injury, you may have difficulty making important decisions without some assistance. Even worse, you may eventually become incapable...
Detailing intestate succession
After the initial shock and/or sadness surrounding the death of your spouse begins to abate, you may begin to question how they wished to have their assets distributed. Typically those wishes are stipulated in a will, yet what if your spouse died without one? Many in...
What is decanting?
Some people are not sure about setting up trusts because they can be hard to change. Irrevocable trusts, for example, cannot be altered unless the beneficiaries consent to it. Fortunately, North Carolina law provides residents with a way to change the terms of their...