Different types of trusts are used in the area of estate planning, and they all serve their own purposes. Revocable living trusts are very popular among people who want to facilitate asset transfers outside of probate. If you use a last will to state your final wishes, the executor that you name in the document must admit the will to probate. The probate court will subsequently supervise the administration of the estate. But many clients ask, what will happen to your living trust when you die? … [Read more...] about The Importance of a Successor Trustee for Your Living Trust
Choosing the Right Charlotte Estate Planning Attorney for You
Even after you make the decision to create a comprehensive estate plan to take care of your assets and your heirs, that’s only the beginning of your planning. Before you can take another step, you need to find the right Charlotte estate planning attorney to help you create that strategy. The importance of estate planning Creating an estate plan is an important step in life and one that can have a lasting, positive impact on your financial and legacy goals, protect you during your lifetime, and … [Read more...] about Choosing the Right Charlotte Estate Planning Attorney for You
Two North Carolina Counties Most at Risk for Snake Bites
According to a recent report, North Carolina’s two highest populated counties, Mecklenburg and Wake, have the most reports of snake bites in the state. Two of the culprits are increased building development and mild winter temperatures. The Carolinas Poison Center indicated that Wake County had the most reported cases of venomous snake bites with 82 and Mecklenburg County was the next highest with a reported 60 venomous bites. The dangers posed by these high numbers remind us to be sure to have … [Read more...] about Two North Carolina Counties Most at Risk for Snake Bites
Ten Things Our Estate Planning Attorneys Want Executors to Know
There’s more to serving as an executor of a will than just handing out property to the decedent’s heirs. It’s important to understand the job’s complexities before you even begin the probate process. If you’re the named executor of a will, then you’ve been selected for a job that requires much more than just guiding a death certificate and will through a short court hearing. Here are ten things our estate planning attorneys want executors to know. You need court approval to exercise your … [Read more...] about Ten Things Our Estate Planning Attorneys Want Executors to Know
Charlotte Living Trust Lawyer Explains the Basics
If you’ve just started looking into estate planning and have been doing your own research to learn a little more about the different tools and strategies used to create an effective estate plan, you may have run across an unfamiliar term: the inter vivos trust or living trust. You may have read a little about revocable and irrevocable trusts and wondered how a living trust is different. Let our Charlotte living trust lawyer explain the basics. What does the term “living trust” mean? Living … [Read more...] about Charlotte Living Trust Lawyer Explains the Basics
Estate Planning is Essential Whether You Are Married or Not
People who are single and without children often have fewer familial responsibilities than parents and people who are married. But individuals who are childless and unmarried need an estate plan just as much as anyone else and perhaps more. Let our estate planning attorneys help you get started. The need for incapacity planning is the same If you were married and could not communicate your own medical decisions, physicians would normally ask your spouse to make decisions on your behalf in an … [Read more...] about Estate Planning is Essential Whether You Are Married or Not
Florence Estate Planning Lawyer Discusses Incorporating Life Insurance into Your Plan
These days a lot of families need two incomes to make ends meet so it is important to consider where your family would be if one of those incomes were to suddenly disappear. A lot of people think that estate planning is only relevant to older Americans; but in some ways, it is more important for younger adults. More people may be directly relying on them for the money they bring in regularly. Life insurance is crucial for income replacement for most people. As a result, our Florence estate … [Read more...] about Florence Estate Planning Lawyer Discusses Incorporating Life Insurance into Your Plan
What Leaving Assets Out of your Living Trust Means to Charlotte Trust Administration
A living trust can be an effective building block to construct your estate plan around because it is a versatile device that is a good fit for a wide range of people. You can benefit from a living trust, even if you do not consider yourself to be wealthy. But, when it comes to Charlotte trust administration proper funding is crucial. Here is what you need to know. How a revocable living trust works The revocable living trust is an estate planning device that you should certainly explore … [Read more...] about What Leaving Assets Out of your Living Trust Means to Charlotte Trust Administration
Estate Planning for the Future of Your Heirs
People have a tendency to sweep uncomfortable subjects under the rug. When it comes to estate planning, you are talking about death and most people don't want to consider it. Death is inevitable so a complete failure to plan ahead is not very logical. So let our Florence estate planning attorney help you to get prepared. Don’t procrastinate about estate planning Aside from simply being uncomfortable with the idea of death, there are other reasons for procrastination. Some individuals … [Read more...] about Estate Planning for the Future of Your Heirs
How to Manage Your Executor Duties Properly
Most will executors discover early on that the job is more complex than they originally expected. Learn how you can manage your executor duties the right way. While you might think that being named as an executor of a will is nothing but a supreme honor, your opinion might change when the testator dies and you are suddenly charged with fulfilling that role. Let our Charlotte estate planning lawyers give you some tips to better manage your duties as an executor. Recognize that being an executor … [Read more...] about How to Manage Your Executor Duties Properly








