If someone you know has a child who has some type of disability, your friend may have asked you to serve as a special needs trustee. Before you accept the job, though, you should know exactly what it entails. You also should consider whether you have what it takes to...
Month: July 2022
Can you face lawsuits for mismanaging an estate?
When someone in North Carolina appoints you the executor over his or her estate, you may find that there are many moving parts involved in the role. You have certain responsibilities when you serve as someone’s executor, and you also have to take certain steps to...
What expenses can a special needs trust pay?
If your child has certain physical, mental or emotional disabilities, he or she simply may not be able to work. This, of course, means your son or daughter is likely to need some financial assistance throughout his or her life. Fortunately, federal, state and local...
What can a trust accomplish that a will cannot?
When you draft your will in North Carolina, you may find that there are limits to what it accomplishes. A will gives you a chance to say where you want your assets to end up after you die. However, you may have additional estate planning needs that you are unable to...
The benefits of a revocable trust
Estate planning can ensure the distribution of your assets according to your wishes when the time comes. To make sure this happens, there are various tools and legal documents available to you. One of the most powerful tools you can use is a revocable trust. Here are...
