Dont’ Leave a Mess for your Loved Ones
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Most people fail to do any estate planning at all, and many more have outdated or inadequate plans. A recent article, A slacker’s guide to death, discusses this issue. One word of caution – the article, while generally applicable to North Carolina, has one suggestion that is not always a good idea in North Carolina, and that’s for married couples to own assets jointly. I normally recommend that only for real estate, as jointly owned cash and investment accounts are more vulnerable to creditors.
