Hiring an estate planning attorney is a process you need to approach carefully. A good estate planning lawyer is one who can develop a plan that meets your needs, and help you address the problems you are currently facing. Even general practice lawyers who occasionally write a will for someone or who know little about estate planning aren’t really the kind of lawyer you want. Before … read more
Estate Planning
Estate Litigation in Greensboro: What Does Arbitration and Mediation Have to do With It?
Not all estate litigation in Greensboro winds up argued before jury or judge, and some conflicts end because of the mediation or arbitration process. But if members of the general public don’t have a good idea of what estate planning is or what estate litigation involves, they certainly have little understanding of the mediation and arbitration processes. To get a better idea of what … read more
Why You Need Trusts in North Carolina and Don’t Even Know It
Creating a good estate plan in Greensboro, North Carolina means using various estate planning tools, such as a trust, to meet your goals and desires. Before people begin the estate planning process they often have little experience with trusts in North Carolina, nor do they understand why these devices are so useful. Broadening your understanding of trusts is something that will help you … read more
The Dreaded “Death Tax” and How to Avoid It [Infographic]
Did you know that your estate is subject to estate taxes, often referred to as the “death Tax” when you die? Learn what you can do during your lifetime to reduce the amount of estate taxes your estate will owe when you die. Click the image to view a larger version. … read more
On Using Electronic Wills in North Carolina
North Carolina estate planning attorneys tend to get a lot of questions about wills and how to use them. Even though wills are fairly basic legal documents, they play vital roles in any estate plan. Every competent adult needs to have a last will and testament made as soon as they turn 18. Yet, even though wills are important and every state has specific laws that cover them, these … read more
The Estate Planning Portfolio: Essential Documents
Anyone in Greensboro, North Carolina who is developing an estate plan will create several foundational documents. Even though the laws that govern these documents differ between states, and the individual documents you create, will be different than those other people create, the types of documents most people have are the same. There are a handful of documents that almost everyone will … read more
Practical Steps You Can Take When You Can’t Find the Will
When a family member dies, we all want to do everything we can to help make the grieving process as easy as possible. This is especially true if you know that the family member has left behind a last will and testament. Finding the will and making sure the family member’s last wishes are carried out is something many people see as a duty, as their obligation to do. But what happens if … read more
Should You Consider Critical Illness Insurance?
People approaching retirement age might want to consider acquiring critical illness insurance as a part of their overall estate or elder care plans. Many people have experienced the phenomenon where their copay they have to make when visiting their doctor increases every year. This “copay creep” is often accompanied by rising premiums or deductibles as well. What this all boils down … read more
Your Estate Plan and Your Divorce
If you live in Greensboro, North Carolina and have recently gone through a divorce, or are considering getting a divorce, it’s important for you to take the time to think about how your divorce will affect your estate plan. Divorces are a stressful time, and regardless of how attentive you have been to your estate plan in the past, most people forget to think about updating their plans … read more
Estate Planning When You Live With Mom or Dad
In recent years it has become much more common for many families and Greensboro, North Carolina to find themselves in a multi-generational household. Whether it’s because of financial reasons, healthcare concerns, or other causes, many adult children are living with their elderly parents. If you are in such a situation, there are a number of estate planning concerns you will want to … read more