Month: August 2013
3 Tax Benefits of Education Trusts
TrustCounsel’s Gregory Herman-Giddens will present ‘Education Trusts and 529 Plans: Estate Planning Strategies for College Savings’ On September 5th in a 60-minute…
North Carolina Pet Trusts
Not every state has laws addressing pet trusts. Fortunately, North Carolina pet trust laws allow residents to establish clear plans for the…
Trust Modifications if you Move Out-of-State
If you are moving to North Carolina and already established a living trust in another state, or if you established a living…
3 Things to Include in a North Carolina Prenuptial Agreement
Creating a North Carolina prenuptial (premarital) agreement for engaged couples empowers both partners with the ability to decide what happens to their…
Can I Use a Power of Attorney to Modify a Trust?
Although not an everyday question, at times those who are attorneys-in-fact—the authorized agents appointed in an individual’s power of attorney—inquire about their…
Finding Elder Care in North Carolina
Choosing an assisted living center, nursing home, or home healthcare provider in North Carolina should not be a quick decision. Recent reports…
Are You Legally Required to Care for Elderly Parents?
Although federal laws governing a child’s responsibility to care for elderly parents do not currently exist, this matter is addressed on the…
Starting College? Start an Estate Plan
Students leaving home for college may be focusing on studying for classes, but they may want to consider studying their own estate…
NC Estate Tax Repeal Retroactive
Earlier in 2013, Forbes ranked North Carolina as one of the top states in the nation “Where Not to Die”, reflecting the…
SCINs Excluded From Estates
Last month the IRS issued Chief Counsel Advice regarding how SCINs are recognized under federal estate tax law. SCINs (self-canceling installment notes)…
