September 2012 Posts

  • Transferring Vehicles to a Revocable Living Trust

    The use of revocable living trusts to avoid probate is common in North Carolina. However, one type of property that is rarely transferred to a living trust is automobiles, since doing so involves a trip to the local DMV office and paying to change the title. ...
  • Elder Law Resources – NC and Beyond

    Wake Forest University’s Law School is well known for its Elder Law Clinic, whose website contains a wealth of resources on elder law issues, including Basic North Carolina Information....
  • Online Legal Documents are Deficient

    A recent article in Consumers Reports featured a blind test of online legal documents by three law school professors. Their conclusion:...
  • Don’t Let Them Boss You Around!

    Dealing with financial institutions is not always easy; nor are the institutions always in the right. This is a big frustration in practicing estate planning and probate law....
  • Pay Gift and Estate Taxes Online

    The IRS charges hefty penalties for failure to timely pay taxes. Just like with the failure to file penalties, the failure to file penalty is 5% per month, with a maximum of 25%. ...
  • Top Income Tax Return Mistakes in 2012

    The IRS has compiled a list of the top five errors on on 2012 income tax returns, both taxpayer-prepared and those prepared by paid preparers (I intentionally don’t use the word professional, as many preparers have little training). ...