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Estate planning mistakes parents sometimes make

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Last Modified on Sep 27, 2024

North Carolina parents usually plan their estates for the benefit of their children. Not wanting their child to suffer the financial hardships that they did, they may be more than…

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Lessons Prince taught about estate planning

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Last Modified on Sep 27, 2024

North Carolina residents are likely aware that Prince was one of many celebrity deaths in 2016. However, they may not be aware that federal and state estate taxes will reduce…

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Using an AB trust to reduce estate tax

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Last Modified on Sep 27, 2024

Married couples in North Carolina might want to know about the possible tax benefits they could be eligible for, and an AB trust is one tool that a couple may…

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Celebrity estate planning mistakes to learn from

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Last Modified on Feb 08, 2025

Most North Carolina residents do not have as much money as late celebrities like Prince, Whitney Houston or Heath Ledger. However, everyone can take a lesson from the estate planning…

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How special needs trusts help North Carolina residents

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Last Modified on Sep 27, 2024

A special needs trust may be an effective tool for parents who are concerned about their child’s welfare after they are gone. Putting assets into such a trust may ensure…

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Ending a trust

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Last Modified on Sep 27, 2024

A trust is a tool for property management, and one that is set up in North Carolina or anywhere else will eventually come to an end. In general, a trust…

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Blind trusts may not be feasible for President-elect

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Last Modified on Sep 27, 2024

Most North Carolina residents can maintain investment portfolios without encountering any concerns over conflicts of interest. However, when a person is elected to public office, conflicts of interest are a…

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Using trusts as an incentive

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Last Modified on Sep 27, 2024

When North Carolina parents or grandparents begin planning their estates, one concern may be that one or more of their heirs will not make the best use of their inheritance.…

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The important benefits of establishing a trust

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Last Modified on Apr 05, 2024

While facing your own mortality can be a difficult thing to do, it can also be vital to safeguarding your assets and ensuring that your family is financially protected after…

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Estate planning across multiple states

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Last Modified on Sep 27, 2024

North Carolina residents who are creating an estate plan and who have homes in more than one state need to decide which one is their legal residence and whether they…

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