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 federal taxation on estates usually only applies to high-asset situations. The IRS explains the intricacies...
Month: December 2022
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, but it can provide you with peace of mind about the care your child will get once you are...
