Learn more by reading a recent post on the UNC School of Government blog or by reading the North Carolina Uniform Power of Attorney Act. In my opinion, the Power of Attorney is one of the most important documents you should have. This document allows someone named as your agent to act for you during incapacity. Since none of us know when incapacity will strike, it’s important to have … read more
Articles & Publications
Special Need Solutions for Special Needs Children
Estate plans are an essential part of planning for the future, and when you have an heir with a mental disability or other impairment that limits their ability to take care of themselves, it is even more important. The U.S. Census Bureau reports that 10 percent of American families have a special needs child with a physical, emotional, or mental disability, and 60 percent of parents … read more
Estate Planning: Essential for the Under-40’s
The sooner you plan, the more prepared you'll be for life's unexpected twists and turns. You can start now, regardless of your net worth. You might say: “but I’m still paying off student and credit card loans!” Have no fear, your net worth is not the deciding factor in getting your estate organized. One thing to ask yourself is how prepared would your loved ones and family be if … read more
Trusts for Minors: Taking Care of Your Family
Trusts for minors are usually set up by parents or relatives who want to leave property to a young person. Thus, naming a trusted adult to care for the property until the child is old enough to be financially responsible. You can specify any age for your child to receive the proceeds, but generally the designated ages are 18, 21, or 25. A minor's trust is often created through a … read more
