Estate Planning

People in North Carolina often establish trusts during the estate planning process. Trusts are legal entities that own and manage assets. One of the main advantages of a trust is that it protects a person or entity's valuable assets. However, there are instances when...

Choosing your executor in North Carolina takes careful consideration. Your executor performs legal tasks on your behalf following your death. This person can perform several activities, such as distributing your assets, selling your property, and accessing your...

One of the biggest worries people have in North Carolina when the market starts to plunge is what will happen to their savings. Correctly positioning your investments is important to avoid years of retirement savings going down the drain. Here are three things you can...

Grandparents in North Carolina can utilize tools in estate planning to provide for their grandchildren, ensuring the passage of their legacy in the future. The strategy for estate planning may include factors such as the age of the grandchildren, the size of the...

When your parents pass away, items such as their North Carolina home, a car or a bank account will need to be transferred to new owners. How this is done depends on whether your parents have a will or a trust. It's also possible that your parents want to transfer...

Estate planning typically involves drawing up numerous documents with the most well-known being the last will and testament. After a testator dies, a North Carolina probate court will oversee the transfer of assets to beneficiaries named in the will. Not all estates...

When you have a high-net-worth estate in North Carolina, it's more important than ever to ensure that you're planning ahead and making the right decisions when it comes to estate planning. With more wealth comes more potential taxes and other pitfalls of estate...

Devising a thoughtful estate plan in North Carolina allows someone to transfer assets to those they feel deserving, including relatives, charities, and others. The process could involve more planning than the average person realizes, but deliberate steps taken at the...

Most North Carolina adults want to protect their loved ones after passing away. Fortunately, setting up an estate plan helps ensure your assets go to your assigned beneficiaries. While the estate planning process is beneficial, it's not often easy to accomplish by...

A blended family is one in which one or both spouses have children from a previous relationship. This type of family can present unique estate planning challenges in North Carolina, and that's why it's important to ensure that your assets are distributed according to...