Those creating or modifying an estate plan have a wide range of issues to take into consideration. Sometimes, people face a lot of uncertainty as a result of debt and there are different ways in which debt can affect an estate plan. For example, some people have to...
Month: September 2020
Charitable giving strategies in 2020
The wealth you earn over your life deserves to go where you want it. At certain levels of income and assets, the government seeks to tax large percentages that could go to people you love or charities you wish to donate to. As Forbes lists, recent legislation like the...
Do fiduciaries have to file estate tax returns in North Carolina?
When it comes to estate tax returns, the laws vary from state to state. In North Carolina, fiduciaries are required to file Form D-407A. It is crucial for fiduciaries to understand the requirements associated with the estate and taxes, since failure to do so can...
