The most current reliable rumor on backside negotiations between the Republicans and Democrats that effect Estate Taxes and other tax issues is that there will be a one year extension (or “patch”) on the Bush Tax Cuts. As you know, the Bush Tax Cuts that went into effect in May 2001 are set to expire... [Read More]
Steven developed a thorough plan to meet our complicated needs with a blended family and special needs child in a timely manner. - Cheryl F.
Mr. Jackson made a tough process easy and painless! - Kyle M.
"Integrity, trust - a rare item - it's here! - Ron F.
Asset Protection Workshop – Very Interactive!
Our Asset Protection Workshop for Financial Professionals, CPAs, Accountants, and Insurance Professionals was very interactive between all parties and extremely insightful. We learned from the Accounting Professionals how their clients look at protecting their assets; we looked at available insurance from the Insurance Professionals as to what they help insure; and we heard from Financial... [Read More]
Asset Protection Workshop Tomorrow!
There is still time to sign up and attend our Asset Protection Workshop tomorrow, Wednesday, May 30, 2012, from 8:00 to 9:00 a.m. You can call our office to reserve a seat for this informative workshop at 828-252-7300. More details can be found in our Ma... [Read More]
Asset Protection Workshop – May 30
I will present the workshop “Five Common Asset Protection Mistakes” on Wednesday, May 30, 2012, from 8:00 to 9:00 a.m. The class will provide one hour of continuing education credit from the N.C. Department of Insurance, and is for CPAs, Accountants, Financial and Insurance Professionals. In one hour we will cover: 1. Why you have... [Read More]
Are Your Assets Titled Correctly?
After you pass on, what you own moves by how it is titled. If it is titled in your name, it goes to Probate Court, even if you have a Living Trust (aka Revocable Trust). If the asset is in joint names with right of survivorship (like with your spouse), it moves to the survivor... [Read More]
75% of Us Don’t Have a Current Will
Studies show that 75% of Americans do not have a current Will, let alone a current Living Trust, Health Care Power of Attorney, or Financial Power of Attorney. In the April 25th edition of Forbes Magazine, they listed the seven most common mistakes made in Estate Planning. Number one was not having a current Estate... [Read More]
Redo Your Estate Plan If You Separate or Divorce
We see many, many situations where a person has become separated from their spouse or divorced, but still has their estranged or ex-spouse as their Trustee and Beneficiary under their Living Trust, or Personal Representative and Beneficiary under their Will. Further, they forget to change out the Death Beneficiaries on many of their financial vehicles. ... [Read More]
7 Major Errors in Estate Planning
Forbes Magazine on April 25 published an article titled “7 Major Errors in Estate Planning.” The seven errors listed are a no-nonsense list of the mistakes we Estate Planning lawyers see daily. They are: 1. “Not having an Estate Plan.” 2. “Online Do-It-Yourself Estate Planning rather than using an experienced Estate Planning attorney do the... [Read More]
What Is A Living Will?
A Living Will is a legal document that normally states that if you are terminal and incurable and death is imminent, or if you are in a permanently vegetative state and not coming back, the medical providers may remove you from a ventilator, if you are on one. It may also authorize the removal of... [Read More]
Will Your Health Care Power of Attorney/Proxy Work Out of State?
Most Health Care Powers of Attorney (also know as Health Care Proxies in some states) are designed to work within the state in which the lawyer drafted them. Many times they contain written references to state specific statutes, such as here in North Carolina. Unfortunately, they may not work in another state when you cross... [Read More]