June 2013 Posts

  • Checklist for Estate Planning in 2013

    Now that the year is halfway over and theAmerican Taxpayer Relief Act’s (ATRA) “permanent” changes may be altered once again—and North Carolina Tax Reform has yet to establish definite changes—our estate planning lawyers in North Carolina created a list of three steps you can take by the end of 2013....
  • 3 Steps to a Better Retirement Plan

    What is your ideal retirement? Everyone takes their own strategy toward retirement, but generally individuals try to create a retirement plan that will provide enough money to care for themselves while affording them the means to do the things they enjoy. ...
  • NC Estate Changes for Surviving Spouses Effective October 2013

    In June 2013, North Carolina Governor Pat McCrory signed Senate Bill 279, a bill amending matters concerning estates, trusts, powers of attorney, and guardianship. ...
  • Estate Planning Tips for Second Homes

    North Carolina coastal properties from Corolla down to Sunset Beach are attractive investment homes that can be rented out during the summer season, used as a winter escape, and eventually a primary retirement home. ...
  • Estate Planning Steps Before 40

    According to the North Carolina Office of State and Budget Management, as of 2012 there are over 3.5 million people in North Carolina between the ages of 18-44. In 20 years, approximately half will be close to retirement age. ...
  • Tax Concerns When Modifying Trusts

    In May 2013, the Internal Revenue Service issued a Private Letter Ruling addressing tax concerns resulting from a trust modification agreement. PLRs are issued when a taxpayer directly requests guidance from the IRS on a specific matter....
  • Estate Planning for Unmarried Couples in North Carolina

    There are thousands of couples living together in North Carolina who are not married. Relationships may be just a year old or spanning a few decades....
  • What is an Heir Search Firm?

    When an individual dies without a surviving spouse, siblings, parents, descendants, or named beneficiaries, their estate still needs to be distributed. ...
  • Drawing Too Soon on IRAs

    Americans between the ages of 61 and 70 are withdrawing money from their IRA accounts earlier than necessary. ...
  • When Spouses Disagree During Estate Planning

    Choosing beneficiaries and deciding which assets each will receive may become a challenge if your spouse does not agree with your choices. ...
  • 3 Estate Planning Mistakes You Can Fix

    Choosing to make an estate plan is smart, but some individuals happen to make mistakes at the same time. Estate planning should not be intimidating. ...