As parents grow older, their health often declines, sometimes suddenly. This may leave adult children facing difficult medical decisions without knowing what their parents would want for their care. Planning ahead with certain legal documents helps ensure your parents...
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What should you think about when choosing a guardian?
When you create a will, you will need to name a guardian in this document if you have minor children. A guardian is responsible for taking care of your minor children or dependents if something happens to you. To ensure your children or dependents are in capable...
What does it mean to surrender your insurance policy?
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....
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....
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....
What is a small or simple estate?
Large estates will almost always have to go through probate as protection for the estate. Probate allows a judge to oversee the process of closing the estate and matters of the deceased. However, if you have a small or simple estate, then your family may be able to...
Will I have a residuary estate after I die?
The main goal of your estate plan is to ensure that your intended beneficiaries will receive what you want them to inherit from your estate. However, it is possible that you will have assets that might not go to any beneficiary and will create a residuary estate. A...
Who handles my estate upon my death?
Once you die, everything you own has to transfer ownership, but you will not be here to oversee the process. So, who will handle your estate when you are gone? The North Carolina State Bar explains that you can choose the person to take care of things for you or the...
How does technology help long-distance co-parents?
Technology has come a long way in a short period. These days, it is hard to find anything that does not have some sort of technological augmentation or involves technology in some part of the process. How does it help long-distance co-parents, though? Can it help grow...
3 FAQs about changing child support amounts in North Carolina
If your divorce involved child support, the court may have based payments on a variety of factors. In North Carolina, the amount of child support payments may depend on both your and your ex-spouse’s ability to provide financial support as well as the needs of your...