You and your spouse will determine the fate of different kinds of property in your divorce. Your insurance policy is likely one of them. If you have taken out life insurance during your marriage, you might decide to surrender the policy in order to cash it out....
Year: 2022
Divorced men are more likely to suffer from severe depression
Divorce is an upheaval in both parties' lives. While men and women both suffer a hit to their mental health following a divorce, men may have more of a chance of developing severe depression. Divorced and single men have higher rates of depression than married men....
Information about probate
When someone dies, probate is the process of distributing the decedent's property as outlined in the will. Not all assets go through probate, but many of them do. The person who has a major role during probate is the personal representative. There are various duties...
Understanding child custody in North Carolina
Child custody decisions put a lot of stress on divorcing couples. Although they want what is best for the child, the parents also sometimes let their emotions and own wants get in the way. Parents can make their own custody arrangements. However, if they cannot come...
3 common misconceptions about wills
Writing a will is a fundamental step toward creating a comprehensive estate plan. Having an estate plan in place ensures your affairs are in order and that your family will remain well cared for if an untimely tragedy should occur. However, there are some common...
Is divorce mediation right for your family?
If you and your spouse have decided to part ways, you probably have deep worries about how divorce will impact both your children and your finances. If you go to court, you could be facing a long, expensive and stressful legal process with an uncertain outcome....
NCDHHS makes it easier to pay child support
The North Carolina Department of Health and Human Services announced that residents of the state who make child support payments now have more payment options. Parents can now make child support payments through Google Pay, PayPal, Apple Pay or Venmo. They can also...
Why do new parents need estate planning?
In all likelihood, one of the happiest days in your life is the day you welcome a new child into your family. Whether through birth or adoption, this child will change your life forever. Kiplinger advises that, amidst all the feeding, diapering and everything else a...
What are some mistakes you can make while choosing beneficiaries?
As you continue the process of writing your will and determining what heirlooms you want to give away, you may start to wonder who you should choose to be your estate's beneficiaries. While you may assume that this process is simple, you should make sure to pay...
Should I have a will or a trust?
If you are in the beginning stages of estate planning in North Carolina, the various components of an estate plan may have your head spinning. Wills and trusts can be confusing at first because the two are often referred to synonymously. However, there are some...