July 2013 Posts

  • 3 Tips to Avoid Family Conflicts in Estate Planning

    Whether you are creating an estate plan for the first time or making changes to one, be aware that how you plan to leave your assets may create tension in your family. ...
  • Tax Tips for Charity Travel

    Do you travel for charity? You may not be taking advantage of the many tax breaks that the federal government offers for charitable travel expenses. ...
  • Potential Changes for Special Needs Trusts

    Special needs trusts are excellent tools that help protect an individual’s assets while preserving his or her eligibility for government benefits, such as Medicaid....
  • North Carolina Tax Reform Passes

    Last week the House and the Senate both passed the North Carolina tax reform bill. (Bill 998. The Tax Simplification and Reduction Act.) Governor Pat McCrory signed it into law this week on Tuesday, July 23, 2013....
  • What You Need to Know About Life Insurance and Annuity Changes

    A growing number of Veterans Affairs life insurance policy holders are being unpleasantly surprised by undisclosed terms in their policies that are limiting their products’ values. ...
  • Preparing for Early Retirement

    Those who plan an early retirement need to take steps to preserve their assets in the face of shrinking resources and ever-increasing costs. ...
  • Health Care Reform Scams

    Senior citizens are vulnerable to financial predators and scams, but now families with elderly relatives need to be aware of scams associated with the new health care reform. ...
  • 3 Things to Consider for Retirement Planning

    Without a retirement plan, an individual may diligently contribute to a savings account, but fail to be prepared for the true cost of their senior years. ...
  • Estate Planning Concerns for Adult Children Living With Parents

    The numbers of individuals living with extended family have only been growing. Our North Carolina estate planning attorneys blogged about estate planning issues of the “Sandwich” generation – the large pool of Americans who are caring for both their children and their aging parents. ...
  • Trust Trend: Make Heirs Wait

    How long will it take you to receive your inheritance in North Carolina? If our state follows a national trend, the time may be growing longer. ...
  • Estate Planning for Same-Sex Couples in North Carolina

    The landmark federal ruling of the United States vs. Windsor in late June 2013 has deemed the Defense of Marriage Act unconstitutional. ...