Many people decide to alter their estate plans when their marital status changes. Similar to the birth of a child, a marriage or the death of a close relative, a divorce could be a time of changing legal statuses and priorities for you and your family. There is no...
Estate Planning
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...
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...
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...