Month: January 2017
Why North Carolina Trustees Should Acquire Liability Insurance
Without liability insurance, trustees remain personally accountable for trust administration mistakes. Certain insurance policies help to manage trustee liability. These errors and omissions…
The Taboo Subject of Estate Planning and Firearms
Handling firearms in probate is not always a simple process. A guest post on Southern Gun Law Group by Certified Firearms Appraiser Dennis Gayness…
Out-of-State Property in North Carolina Probate
Probate assets vary with each estate depending on how the decedent held assets at their death. The probate process is necessary to…
NCBA Symposium: Gun Trusts in Elder and Special Needs Law
Unique and critical matters might arise when firearms are possessed, stored, or transferred by an elderly or disabled person. Gun trusts help effectively…
How Proposed Changes to Family Businesses Could Raise Estate Tax Liability
Over the summer of 2016, the Internal Revenue Service (IRS) released proposed changes to tax provisions (Section 2704) that apply to most business entities,…