December 2007 Posts

  • New North Carolina Trust Laws

    In addition to the repeal of the rule against perpetuities, which is effective January 1, 2008 (perpetual trusts will be allowed in North Carolina provided certain requirements are met), there are a few other changes to North Carolina trust law, which were effective October 1, 2007:...
  • Avoid Probate of Equity Refunds from Continuing Care Communities

    The Problem: Continuing care retirement communities have been growing in popularity with seniors for years....
  • Worst Nursing Homes in U.S. – One is in NC

    The U.S. government’s Center for Medicare and Medicaid Services has released a report listing the poorest quality nursing homes in the country. ...
  • Medicaid Penalty Changes in NC Effective January 1, 2007

    On February 8, 2006, the federal government implemented increased restrictions on gifts made before applying for Medicaid coverage. ...
  • History of the Estate Tax

    This article discusses in brief the history of the federal estate tax and its effect on the U.S. budget. ...