Month: February 2011
Durable Powers of Attorney Don’t Allow You to Control Trusts
A Durable Power of Attorney (DPOA) is a part of virtually every estate plan. The DPOA allows the person who signed the…
Estate Taxes: The Worst States in Which to Die
Here’s a recent marketwatch.com article on State Estate and Inheritance Taxes, and the various exemption amounts for each state. A majority of states, including…
Best Nursing Homes in North Carolina
The U.S. News and World Report has issued a report on the best nursing homes in America. From the website: “All of…
IRS Offers 2nd Voluntary Disclosure Initiative for Offshore Assets
Today the IRS announced a new special voluntary disclosure initiative designed to bring offshore money back into the U.S. tax system and…
Keeping Your Personal Financial Information Safe Online
From guest author Aaron Huber: Whether you’re keep your money in a conventional financial institution or in an internet based bank without…
North Carolina Senior Helpline
Legal Aid of North Carolina has a Senior Legal Helpline for citizens age 60 and older. The toll-free number is 1-877-579-7562. Intake hours…
Depictions of “Reading of the Will” are an Anachronism
Modern day movies and television commercials (including a recent one by DirecTV) sometimes feature a lawyer reading the will of a deceased…
Life Insurance to Pay a Future Bill
Second-to-die insurance is traditionally purchased by affluent married couples.How it works: The insurance proceeds are paid out upon the death of the…
Am I Ready to Die?
I’m at home today, sick with the flu. Last night was rough, fever, chills, cough, and inability to sleep, but I feel…
Estate Taxes: The Worst States in Which to Die
Here’s a recent marketwatch.com article on State Estate and Inheritance Taxes, and the various exemption amounts for each state. A majority of states, including…