When a person passes away and has a will, often his or her property is distributed to the beneficiaries and the estate is closed. However, in some circumstances a party may contest the will. In North Carolina, the formal name for this challenge is a caveat proceeding....
Month: July 2021
Estate plan concerns to address with children after a remarriage
For North Carolina residents who have had success in life and accrued a healthy nest egg and substantial assets, it is important to understand the importance of estate planning. Whether that is using wills, trusts or other means to protect their interests and the...
Estate plan considerations for a second marriage
When deciding to marry again after divorce, updating your estate plan can ensure it continues to meet your needs. Conversely, a failure to review and change important documents can have unintended consequences. These are the key estate planning factors to consider...
Including pets in an estate plan
For many people, pets are part of their family and are close companions. Pet owners may not be aware that they can create a trust that addresses how their pets will be cared for if the pet owner passes away, becomes disabled or is otherwise unable to care for the pet....