Every adult should have an estate plan, even younger adults. North Carolina inheritance law can have unexpected consequences for people who do not have an estate plan in place, consequences which may not reflect the deceased person’s wishes regarding his or her spouse and children. Here are the benefits of having an estate plan that …
Many people have real property, such as houses and land, that they want to give to their loved ones when they die. When developing an estate plan, people need to understand how real property is transferred after death, as the rules are counter-intuitive and may cause complications for the recipients of the real property. The …
For a variety of reasons, some people do not have driver’s licenses or let them expire. While there may be good reasons for not having a current driver’s license, not having one may make it harder to get the documents that are essential to estate planning. If having a current driver’s license is not feasible …
When people think of estate planning, they often think of disposing of their financial estate after they die through wills and trusts. While you should have an estate plan that gives your property to the people or organizations you choose, you should also have an estate plan that prepares for situations when you cannot make decisions for yourself…