If your estate plan does not include a power of attorney designation, that may be because you have some confusion about what the document is or about what it may mean for your future. Certainly, it is not easy to think that a day may come when you cannot make...
Firm News
Acting as executor is a job, and you can get paid
No matter how much you love your family members, you typically cannot control how they handle their affairs. Immensely organized may describe some of them, while others may haphazardly store important items and documents or seem to hoard possessions. Whatever the case...
Siblings can sometimes make estate administration difficult
It is not unusual for many people to consider their relationships with their siblings contemptuous. Years of sibling rivalry may have made it difficult for you and your siblings to get along as well as you may have hoped. Now that your parent has passed, you may have...
How a professional can assist with estate administration
Taking on the job of estate administration is not something to do lightly. While it may seem like an honor if someone names you executor or if the court appoints you to oversee probate, the truth is that estate administration is a tedious and complicated assignment...
What are you asking your executor to handle on your behalf?
Putting together an estate plan may just be one of the most important things you do for your family. During your life, you control how you support and care for them. You can take certain steps to extend that care and support beyond your death. During the...
A succession plan is good for your small business
North Carolina small business owners know how difficult it is to start a business and make it successful. It takes careful planning and strategy to start a profitable company, but it is also important to plan for the future of your business as well. You can do this by...
3 estate issues and how you can prevent them
Because you love your family a great deal, you undoubtedly do not want to place them in a difficult position unnecessarily. However, if you do not create an estate plan or do not consider possible issues with your plan, you may end up leaving your family to deal with...
An estate plan can protect your growing family
When you welcome a new baby into your family, it changes your life in many ways. There are those temporary adjustments, like late nights, diaper changes and high chairs. However, there are monumental changes, such as the new responsibilities of being a parent. Your...
Can a charitable trust help meet your goals?
If you are among the few in North Carolina who have taken the time to plan your estate, you should be proud of yourself. Your efforts have the potential to provide your family with a strong and secure future. You may also have created a plan that will relieve your...
About trusts
A trust is used to transfer certain assets to a trustee, who will manage or hold the assets for the intended heir. North Carolina residents can use a trust if they want to reduce the amount of taxes on their estate, bypass the lengthy probate process and protect their...
