During and after a divorce, there are many things you must consider. Initially, your concerns lie in the formalities of the actual proceedings, such as dividing assets and debts and constructing a parenting plan. Once the dust settles, you can begin getting other...
Estate Planning
Tips for taking that important first step to estate planning
No matter your age or your marital status, you should begin thinking about estate planning at some point in your life. Whether you work for a company, a nonprofit organization or have a business of your own, consider the benefits of preparing a will or documents such...
3 mistakes to avoid when choosing a life insurance beneficiary
A life insurance policy can be tremendously helpful for whomever you designate as a beneficiary. You may already know whom you want to name – perhaps a child or your spouse. However, naming a life insurance beneficiary should not be something you do...
What can you accomplish with an irrevocable living trust?
If you live in North Carolina and are beginning the process of estate planning and getting your plans for the future in order, you may be giving some thought to how you might best preserve your wealth for future generations. While there are a variety of methods you...
3 strategies to avoid the estate tax
If you have a sizeable estate, you may have concerns about a lot of it going toward taxes. You do not want your wealth going away through taxes instead of to your family, but you may assume it is impossible to avoid it if you have a multi-million dollar...
Who can serve as executor in North Carolina
Appointing the right executor is an important part of drawing up your will. He or she will play an essential role protecting your estate and ensuring distribution according to the terms of the will. North Carolina law sets forth several requirements a prospective...
You should include a funeral directive in your estate plans
If you are getting ready to make your estate plans in Charlotte, one aspect you might want to include in your provisions are funeral arrangement instructions. Though you have specific preferences for burial, your spouse and family members may have other ideas....
Revoking a will in North Carolina
As major life changes occur, you may want to change the provisions in your will. Knowing how to do this effectively can help ensure your property is distributed according to your wishes. While some general guidelines can give you a basic idea of how wills work,...
Why you should change your estate plan if you plan to divorce
If you are in the process of divorcing your partner or waiting for the ink to dry on your decree, you must remember to update your estate plans. All too often soon-to-be divorcees in the Charlotte area think they do not have to modify their estate plans because they...
Estate planning mistakes to avoid
One of the most important things you should do when creating your estate plans in Charlotte is anticipate potential problems your heirs may encounter. It is easy to assume estate planning is strictly for your benefit. However, your estate plans also have a...
