trusts

North Carolina residents who don't pay attention to their estate plan after getting remarried could accidentally exclude their children from it. Ideally, an individual will have at least a will. Dying intestate could result in the courts determining where a person's...

Many families in North Carolina have experienced firsthand the devastating effects of the nationwide opioid crisis. When people are addicted to opioids, their main focus seemingly is to secure drugs at all costs, even if it means stealing money for the drugs from...

Those who live in North Carolina or any other state could benefit from creating either a will or a trust. While neither is better than the other, they provide different ways for a person to create an effective estate plan. A trust is considered its own entity that is...

In 2019, the youngest members of the baby boom generation in Charlotte will turn 55, an age when many think more about planning for their future. This can include making detailed plans for retirement as well as considering the eventual distribution of assets to loved...

People in North Carolina who have created a trust-based estate plan might also want to have a pour-over will. There are several reasons this may be a good idea. A pour-over will places a person's assets in the trust if they have not already been put there or are not...

An estate owner in North Carolina who wishes to disinherit a family member may want to discuss the process with a professional. Simply leaving a person out of a will or even other actions may be insufficient to stop the person from successfully challenging the...

People in North Carolina might be aware that the death of George H. W. Bush, the former president, occurred just eight months after the death of his wife, Barbara Bush. The two were married for decades. It is not unusual for spouses who are married for a long time and...

Residents of Charlotte, North Carolina, and the rest of the U.S. should consider Stan Lee's story as an example of what not to do when planning an estate. Stan Lee spent the last years of his life dealing with multiple business managers and attorneys, but he still...

Many North Carolina residents want to save time and make life easier for their heirs while also ensuring that their own bills will be paid off in the future. A key goal in estate planning is often to avoid probate and allow property to pass on without having to go to...

Trusts are often an attractive method for North Carolina estate owners to pass on wealth outside the probate system. However, it is important that people select the right trustees when setting up a trust. Otherwise, the consequences could be significant for the...