Month: July 2014
Consequences of No Digital Asset Protection
Digital asset management will continue to change as new devices, applications, and technologies develop. Digital asset protection is more than leaving behind one’s…
Chatham County, NC Estate Administration Changes
The Chatham County Clerk of Superior Court recently released updates to estate administration rules. We provide a link to the official changes…
Debt Inheritance: Credit Cards, Tax, and Other Liabilities
An individual may accumulate assets during his or her lifetime, but debt may reduce or eliminate an inheritance family members expected to…
Non-profit 501(c)(3) Application Now Easier
New application process for 501(c)(3) status. Filing for 501(c)(3) tax-exempt status has streamlined to a shorter process, both in time and in…
Tax Requirements for North Carolina Trusts
In many states, an important factor in determining whether the trust is taxable is where the beneficiaries, settlor, and trustees are domiciled….
Repeal of the Permanent Federal Estate Tax?
The federal estate tax was made permanent as part of the American Taxpayer Relief Act. (A few months after ATRA passed, Obama’s 2013…
Timing Prenuptial Agreements
Marriage offers the union of love, and it also involves the merging of assets, new tax requirements, and legal entitlements. As prospective…
