Asset Protection Risks From Prior Marriages
As the rate of divorce in America hovers at 50 percent, couples and families might not only experience loss of assets through…
3 Tax Benefits the 50+ Crowd Enjoys
Although many tax regulations fluctuate based on the taxpayer’s adjusted gross income, some tax provisions are instead based on the taxpayer’s age….
Creditor Notification Requirements for Executors in NC
Creditor notification is a mandatory part of probate in every state, but the process varies in each jurisdiction. In North Carolina, executors…
Inherited IRA Ruling: Distinctions Between Federal and State Tax Law
Our attorneys strive to share notable rulings and case law to help clients and other advisers understand how a court or officials…
Tax Issues for Art Collections
Artwork and collections left behind in one’s estate will be subject to probate unless the decedent prepared a trust or other planning…
Problems With Digital Assets in NC Probate
Online accounts and digital assets are a growing concern in estate administration. Depending on the decedent’s personal or professional interests, they could have substantial…
How to Fix an Irrevocable Trust That Doesn’t Stand the Test of Time
Trusts typically are structured to provide for the best interests of the beneficiaries. The settlor may have had the best intentions when…
Probate of Real Estate in North Carolina
Real property poses unique set of considerations in the context of estate or trust administration. Inherited real estate or an inherited…
Terminating a Trust in North Carolina
Termination or revocation of a trust may occur for several reasons. The circumstances surrounding a trust termination, and the type of trust,…
Rights of Trust Beneficiaries
Trust beneficiaries have legal rights detailed in the trust documents and governed by state and federal trust code. If a beneficiary experiences…
