Posted on March 28, 2016 by Gregory Herman-Giddens

New Larger Tax Deduction for LTC Insurance

The unpredictable rises in LTC insurance costs make it difficult for individuals to forecast and plan. However, there are a few tax deductions available. Plus, the IRS recently announced an increase for the federal LTC insurance deduction in the 2016 tax year. […]

Posted on March 25, 2016 by Gregory Herman-Giddens

Raleigh Now Has #2 Fastest-Growing Senior Population

Raleigh now has the second fastest-growing population of seniors in the United States. The growing number of seniors in the Triangle region not only triggers a strain on residential spaces like assisted living facilities, but it also prompts a burgeoning need for elder law discussions. […]

Posted on March 24, 2016 by Gregory Herman-Giddens

Does Your Executor Live Out-of-State?

Not all family members and trusted friends live nearby. North Carolina law does not require an executor be a resident of the state. However, there are certain restrictions the state imposes on out-of-state executors. […]

Posted on March 23, 2016 by Gregory Herman-Giddens

The Stress and Responsibilities Required of Executors

Individuals who choose to accept the role of executor, or personal representative, of a loved one’s estate have more to manage than mere financial matters. […]

Posted on March 17, 2016 by Gregory Herman-Giddens

Free Gun Trust Seminar on April 4th in Chapel Hill

TrustCounsel's Chapel Hill gun trust attorney Greg Herman-Giddens leads a free seminar about ATF 41F on April 4th. […]

Posted on February 18, 2016 by Gregory Herman-Giddens

Discussing Inheritances With Children

Starting discussions during one’s lifetime about how personal items, collectibles, and assets will pass on can help to prevent conflicts after death. Surviving children might feel less inclined to contest a will if they understand that a parent’s wishes match the instructions in the will. […]

Posted on February 17, 2016 by Gregory Herman-Giddens

Refusing to Serve as Executor in North Carolina

Many people might feel proud to be selected to serve as executor of a loved one’s estate. However, sometimes the person appointed as executor has no interest in fulfilling their duties. […]

Posted on February 16, 2016 by Gregory Herman-Giddens

Why Renting is an Attractive Option for Seniors

Older adults now make up a significant share of tenants. Adults ages 45-64 account for 30.2 percent of tenants. […]

Posted on February 15, 2016 by Gregory Herman-Giddens

North Carolina Ranks 15th For Trust Decanting in 2016

Trust decanting is a process that allows assets of a trust to be distributed to another trust with different terms; generally the newer trust offers terms that better satisfy the needs of the beneficiary. Some states impose burdensome administration requirements for trust decanting, while others offer easier means of use. […]

Posted on January 20, 2016 by Gregory Herman-Giddens

Start Alzheimer's Legal Planning

Waiting to develop a legal plan for an aging relative with cognitive decline might result in the elderly person's incapacitation. Then it might be too late for them to execute legal documents independently. […]

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