A spouse may want to hide assets for numerous reasons, ranging from simple spite to genuine fear of one's financial situation. Regardless of the reason, it is still illegal. But that does not tend to stop determined people. In fact, in the age of the digital wallet,...
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What can a trust accomplish that a will cannot?
A will is an important part of any North Carolina estate plan, but a will only does so much. While a will gives you a means through which to determine who you want to inherit your assets, you may be able to accomplish other important estate planning objectives by...
What should I do before filing for divorce?
If you feel your marriage is over and you want to file for divorce, make sure you prepare prior to filing the paperwork. Taking some time to get ready for what comes after you file will help put you in a better position during the process. Glamour explains that you...
3 signs your mother may be vulnerable to undue influence
Creating an estate plan is arguably the most effective way to maintain some control over what happens to wealth after death. If your mother has an estate plan, you should be able to trust it to reflect her genuine wishes. Regrettably, for a few reasons, that may not...
Consider a funeral preneed and funeral trust
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...
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...
Is it time to review your estate plan?
After creating your estate plan, you then need to go back and review it somewhat frequently. Experts often suggest a review every 3 years, or more often if you experience major life changes. But how can you choose the right time to review your estate plan? And what...
Why is a will not a complete estate plan?
Estate planning is something that many people do not understand. You may know that it is preparing for what happens with your assets after you die, but it is actually much more than that. Due to misconceptions about estate planning, you may not think it is something...