February 2016 Posts

  • 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....
  • 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....
  • 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....
  • 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....