Pending Legislation
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,…
Free Gun Trust Seminar on April 4th in Chapel Hill
TrustCounsel’s president Greg Herman-Giddens leads a free seminar Gun Trusts and How They are Affected by ATF 41F in Chapel Hill on April 4,…
Delay Filing: North Carolina Tax Changes Pending
The North Carolina General Assembly will review potential changes to North Carolina income tax laws on January 28, 2015. Filers should wait…
Same-Sex Marriage Update
News on the federal level may eventually affect same-sex couples in NC. On Monday, during its first day in session, the Supreme…
Pending Legislation May Change Veterans Service Pension Benefits
Congress has a few pending law changes that may affect Veterans Service Pension Benefits. Current regulations do not penalize veterans for making…
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…
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…
Are You Legally Required to Care for Elderly Parents?
Although federal laws governing a child’s responsibility to care for elderly parents do not currently exist, this matter is addressed on the…
Potential Changes for Special Needs Trusts
Special needs trusts are excellent tools that help protect an individual’s assets while preserving his or her eligibility for government benefits, such…
What You Need to Know About Life Insurance and Annuity Changes
A growing number of Veterans Affairs life insurance policy holders are being unpleasantly surprised by undisclosed terms in their policies that are…
