When you start your estate planning process, it might feel difficult to think about the end of your life. But by arranging for your funeral expenses, you may spare your loved ones the unnecessary stress of finding and paying for those services while they grieve. There...
Year: 2021
Child support and income withholding
If you recently got a divorce and you have to pay child support, or you expect to owe support in the near future, you likely have a number of questions. Many parents pay child support by having income withheld by their employer. Make sure you familiarize yourself with...
Helping children through blame and resentment after divorce
A divorce can be extremely upsetting to children, and the complexity of the circumstances leading to a divorce may be difficult for them to fully comprehend. It is understandable that they may feel angry and assign blame to one or both parents. Children may simply...
How do wills and trust differ?
Preparing for the future, especially when it comes to managing assets after death, can make people hesitant to begin the process because they are unsure of where to begin or because the subject of death makes them uncomfortable. However, making such arrangements can...
Can you save your finances from divorce?
Your finances are one area that may feel the impact of your divorce. Splitting your assets, debts and investments with your ex could impact your wealth and your savings. With attentive care and proactive planning, you can protect your money. While you will need to...
Is it time to review your estate plan?
After creating your estate plan, it is important to keep on top of updating it. After all, your estate plan must reflect your most current life circumstances. It must be up to date with local laws and reflect your current desires. But when is it right to review your...
How does North Carolina law divide property in divorce?
A North Carolina divorce involves splitting property the spouses have accumulated during the marriage. The statutes refer to equitable distribution when addressing how the state divides marital property. Equitable distribution is a more common way to divide debt than...
How should I choose a health care agent?
Your estate plan helps you care for your family after you are gone, as well as create a plan for your assets. It can also benefit you while you are still alive and unable to make major healthcare decisions on your own. This is where your living will and health care...
Tips for parents to support their children’s wellbeing during a divorce
Parents may understandably worry about the impact that a divorce can have on their children. However, there are several things that parents can do to give their children some reassurance during a time that feels full of uncertainty. Minimizing the disruptive effect of...
What are the pros and cons of payable on death accounts?
The time and expense associated with processing your estate through probate is likely why you are exploring different options to pass your assets to anyone you want to inherit from you. To bypass probate, many people look for mechanisms to convey assets to heirs...