Living Trusts
NC Estate Planning for Singles
As the number of cohabiting unmarried couples rises, more families have multiple generations residing in a single household, and the law develops regarding the rights of married…
Mistakes in Beneficiary Designations
Beneficiary designations are an important tool in estate planning – one must always remember that their terms trump the distributions provided in…
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…
Ways to Protect an Inheritance from Creditors
Bequeathing assets involves more than naming beneficiaries. Creating a proper estate plan offers individuals and families the ability to protect their assets…
Types of Trust Beneficiaries
Our asset protection attorneys in Chapel Hill have previously reviewed the rights of trust beneficiaries. These rights vary depending on the type of…
Durable Powers of Attorney Don’t Allow You to Control Trusts
A Durable Power of Attorney (DPOA) is a part of virtually every estate plan. The DPOA allows the person who signed the…
More on Insuring Homes in Living Trusts
A colleague of mine, Dennis Toman of Greensboro, contacted the North Carolina Deparment of Insurance about the issue of insuring homes owned by…
Homes and Cars in Living Trusts – Check With Your Insurer
Revocable living trusts are a common estate planning tool for avoiding probate. It is not uncommon for a home to be transferred…