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Yearly Archives: 2022
Will your estate have to pay taxes?
North Carolina does not impose an estate tax at the state level. But you will need to plan ahead for estate taxes from the federal government. The good news is…
Should you include a letter of intent in your estate plan?
If your estate includes special needs planning for a child who will require lifelong care, you may consider including a letter of intent. This letter is not a legal requirement,…
How a trust protects your adult child when a marriage fails
You worked hard to create a legacy to leave behind to your children, and you may worry about what happens to what you leave your child if he or she…
What to know about second marriages and estate planning
If you are in your second marriage, you might feel torn between leaving your estate to your current spouse and providing for your children from a previous marriage. In addition,…
Does your funeral deserve a place in your estate plan?
If you have not yet created an estate plan, you certainly are not alone. In fact, according to reporting from CNBC, roughly two-thirds of Americans are in the same boat.…
How to tell if a charity is worthy of your financial gift
Giving Tuesday, the Tuesday after Thanksgiving is quickly approaching. Whether you intend to make a one-time gift on Giving Tuesday or to leave a charity a substantial sum in your…
Do family members make the best executors?
When trying to choose an executor for your estate plan, it is likely that you will think of family members before anyone else. After all, you are likely closest to…
What should you know about estate plan reviews?
The prioritization of estate plan reviews is a crucial part of the process. After all, reviewing the entire estate plan every three years is a monumental task, and many people…
What are the advantages of estate planning?
Creating a solid estate plan is a worthy endeavor, no matter your life stage. Estate planning does more than allocate your assets after you pass. It allows you to establish…
Why do sibling spats over estates happen?
Many people are likely familiar with the trope of families fighting over a deceased relative’s estate or will. Unfortunately, this actually happens in real life and can result in the…
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