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Celebrity estate planning mistakes to learn from
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…
How people might avoid the probate process
Many North Carolina want to avoid having their estates go through the probate process, but they may not be sure how they can do so. For real estate and other…
Will the estate tax be repealed?
North Carolina voters likely know that a debate has been brewing regarding the enforcement of estate and gift taxes. Donald Trump inquired about the possibility of repealing the federal estate…
How special needs trusts help North Carolina residents
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…
Ending a trust
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…
Estate planning can provide peace of mind the 2nd time around
More than half the nation’s citizens who are over 55 years old are in second, third or subsequent marriages. This number includes seniors in all states including North Carolina, and…
Blind trusts may not be feasible for President-elect
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…
Bypassing probate in North Carolina
When an estate goes through the probate process, it is an attempt to determine that a testator’s will is valid. It may also attempt to locate any beneficiaries or other…
Using trusts as an incentive
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.…
The important benefits of establishing a trust
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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