Wills and Trusts

What the Fiscal Cliff Agreement Means For Your Estate

It’s February and the fiscal cliff drama has faded since the president and Congress reached an agreement. In all the news coverage surrounding the story, the last-minute negotiations, and the subsequent deal, you may have missed the practical effects the deal has on your estate plan. While many people won’t need to worry about the estate planning elements of the fiscal cliff deal, there …  read more

3 Questions on Changing the Terms of a Living Trust

If you already have created a living trust but are thinking about changing some of its terms, there are some things you should know, and they may be found in the paragraphs below. Even if you have never heard of a living trust but are beginning to consider your estate planning options, the following paragraphs will provide you with some basic information about the living trust. 1. …  read more

The Basics on Living Trusts

People in Guilford County, North Carolina who make a will often create a living trust as part of a more comprehensive estate plan. If you have questions about the living trust, you are not alone. If you would like to learn the answers to some of the most basic questions about living trusts, then keep on reading. Why is it called a living trust? The living trust is so named because it …  read more

Some Estate Planning Issues Are Easy to Overlook

Creating a will in Greensboro, North Carolina, is not typically very difficult. As long as you are honest with your estate planning attorney and know what you want to accomplish, a will is a relatively easy legal document to create. However, there are some issues that many people creating a will sometimes overlook. This is especially true if you use do-it-yourself estate planning and …  read more

Estate Planning: How to “Fix” Your Estate Plan

Anyone creating a will in Greensboro, North Carolina, may wonder what will happen to your estate plan if you make a mistake. Many changes can occur that require reevaluation of your estate plan. Some of these changes pertain to the law, such as complex tax laws or varying uses of trusts. Some changes are more personal, such as your marital status, acquisition of wealth, or a new ideal …  read more

North Carolina Probate: Notice To Creditors

If you are considering making a will in Greensboro, North Carolina, you may be curious about how your wishes are carried out after you die. In general, a will sets out your choices about who receives your property, or at least a specific type of your property known as probate property. As part of the probate process, someone will have to represent your state. This person, known as an …  read more

The Myth of the Will Registry

Some people making a Will in Greensboro, North Carolina have heard about Will registries but don’t really know what they are. Some of these people may be confused by what these registries do, and may believe that you have to file your Will with the registry as part of the legal process. Here is what you need to know about Will registries and how they can impact your will. Optional …  read more

I’ve Moved. Can I Still Use my Will in my New State?

Even though a lot of people know that each state has its own laws about wills and estate planning, many people aren’t sure how those laws apply to practical situations, such as when you move to a new state. In general, if you live in, or have recently moved to Greensboro, North Carolina and have made a last will and testament in one state, that will is still good when you move to a new …  read more

Is Beastie Boy Adam Yauch’s Will Invalid?

Check out this week's newsletter - click on our logo below! In this edition, find more about the following topics: Is Beastie Boy Adam Yauch's Will Invalid? Leasing Office Space at 528 College Road Can You Control Your Heirs From the Grave? IRS Gives New Tax Directions for Dual Citizens Medicare B Can Help Defray Medical Costs Give Away Your Potential Tax …  read more

Living Trusts Can Help You Avoid Probate

For many people creating an estate plan, avoiding probate is a major goal. Having your assets transfer to new owners after you die without the requirement of going through probate can save your estate a lot of time and money. It can also offer you the opportunity to keep your affairs entirely private as probate documents are part of the public record and anything that goes on in a …  read more

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