Author name: cathy

A Living Trust is a legal document where you transfer title of your assets into a Trust.  The Living Trust is controlled by you.  After your death the assets in trust remain legally bound to the provisions you appointed in the Living Trust and are thereafter only controlled by individuals or institutions that you specifically appointed.  A […]

If you have a child or grandchild with special needs, it is extremely important to plan carefully for their future.  For most families with a special needs child, having a Special Needs Trust in place is crucial.  In a nutshell, a Special Needs Trust allows for supplemental money to be set aside for the child’s welfare without

The Secure Act, though valuable in many ways, essentially abolished the Stretch IRA estate planning strategy. I get asked about this a decent amount. Here is a good article on the subject. As always, feel free to contact us should you have any questions.https://www.marketwatch.com/story/the-stretch-ira-estate-planning-strategy-is-gone-here-are-4-other-options-11599145076

Have you ever thought about your digital property and its role in your estate plan? Usually, your online accounts will depend upon the law in your state, what type of online account is involved, and the terms of service governing the online account. However, there are ways to incorporate your digital assets in your will

At the very least I recommend that all college students and unmarried young adults have powers of attorney in place. These are very simple documents, yet they afford a tremendous peace of mind. In the unanticipated event that a young adult aged 18 and older is medically rendered unable to make decisions, these documents allow

As an attorney who not only drafts estate planning documents such as wills, trusts, guardianships, powers of attorney and healthcare directives—I also assist clients who need help administering a loved one’s estate. Often times these clients are coming to me because their loved one used a “Do IT Yourself” or “DIY” estate plan. Though such

If you had all of your estate planning work done in another state, it is important for you to have those documents reviewed by a North Carolina Estate Planning Attorney.  This is because your estate will be probated in the state where you had your residence at the time of death. Since the rules of

The article below explains some of the issues your loved ones may face if you were to pass away before setting one up. https://www.thebalance.com/what-happens-if-you-dont-have-an-estate-plan-3505136

Have you thought about your estate? Creating plans for your estate can seem like no big deal right now, however the sooner you put a plan in motion, the better. Read the article below for more information on estate planning and why it is so important. https://www.estateplanning.com/What-is-Estate-Planning/

So, you’re ready to start the process of creating an estate plan, but aren’t sure where to begin? We suggest taking a look at the 5 steps in the following article, then reaching out to us to find the right services for your needs. https://www.thebalance.com/creating-good-estate-plan-3505162