Month: October 2013
Tax Season Postponed: Use Time to Review 2 Changes
The Internal Revenue Service recently announced a slight delay for the 2014 tax season. As a result of the government shutdown in…
Equitable Distribution Process in North Carolina
TrustCounsel’s Gregory Herman-Giddens will present ‘Tax Aspects of Equitable Distribution’ on October 30th in Chapel Hill, North Carolina at a day-long seminar through…
Retirement Accounts Vulnerable to Back Taxes
Tax shelter for long-term savings is one of the features that attract people to Individual Retirement Accounts (IRAs). Once certain age requirements…
Important Tax Steps for Same-Sex Couples in NC
Even though North Carolina does not grant or recognize same-sex marriages, the Internal Revenue Service announced in August 2013 that same-sex marriages will…
National Estate Planning Awareness Week 2013
Estate Planning Awareness Week Just before the holiday season starts siphoning shoppers’ money out of their pockets and into local economies, estate…
Top 5 States for Dynasty Trusts
Dynasty trusts in North Carolina offer creditor and asset protection for future generations while at the same time legally bypassing certain taxes….
No Health Insurance? You Still Have to Pay
If you don’t pay for health insurance, then you have to pay a fee. This fee is called the Shared Responsibility Payment….
3 Common Mistakes in Special Needs Trusts
As part of Special Needs Law Month, our attorneys in Chapel Hill reviewed past posts that outline special needs law information in…
Exempt Assets: Retain Medicaid Eligibility
Families need every resource available to cover the costs of nursing homes in North Carolina. A senior’s unwise spending or gifting prior…
Same-Sex Marriages Recognized by Jurisdiction of Ceremony
Last week the Internal Revenue Service announced that valid same-sex marriages will be recognized for federal tax purposes based on the where…
