Asset Protection
Forming an LLC in North Carolina
As North Carolina continues to top “Best for Business” lists year after year, how are entrepreneurs and business owners across the state…
Protecting Tangible Assets
Asset protection in North Carolina is not limited to preservation of investments and financial accounts. Art, antiques, classic cars, and other collectible items…
Life Estate Insurance Blunder
Forgetting to simply add one name to a homeowner’s insurance policy could compromise an heir’s property inheritance. For individuals who take advantage…
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…
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…
Swiss Accounts: New Tax Terms for Offshore Accounts
Offshore trusts offer many benefits, which our attorneys explain in this foreign trust protection post. Offshore trusts or accounts are not exempt from domestic…
Lost Life Insurance Policies
Were you told by a loved one that you were a beneficiary of their life insurance policy? If they passed away and…
Creditor Protection for Inherited IRAs
In June 2013, North Carolina’s Governor signed Senate Bill 279 into law, which made changes to statutes related to estates, trusts, and guardianships. One…
Trust Modifications if you Move Out-of-State
If you are moving to North Carolina and already established a living trust in another state, or if you established a living…
3 Things to Include in a North Carolina Prenuptial Agreement
Creating a North Carolina prenuptial (premarital) agreement for engaged couples empowers both partners with the ability to decide what happens to their…
