Posts by LaG Developer
Estate Planning for North Carolina Residents: Avoiding Probate
If you set up your affairs so that your assets will pass to loved ones without having to go through probate, you can save them considerable time, expense, and work. For that reason, many clients come to us looking for the best strategies to avoid probate. We usually recommend a combination of options to produce…Read More
Updating Your Estate Plan for the New Year: Essential Documents for North Carolina Residents
As the holiday season comes to a close and it’s time to take down decorations, it’s also a good idea to take a moment and review your estate planning documents. Many of us don’t like to think about end-of-life matters, but the truth is, it’s essential to have your affairs in order. No matter your…Read More
Revocable vs. Irrevocable Trusts in North Carolina
At first glance, it seems like the difference between a revocable trust and an irrevocable trust would be obvious. You can revoke a revocable trust. The same is not true of an irrevocable trust. To understand the real differences between these types of trusts, it is helpful to look at the different ways they are…Read More
Back to School Estate Planning Basics
Juggling family life, work, bills, and the kids’ schoolwork leaves no time to worry about your future. However, estate planning is vital. Many people push it to the back burner when life becomes too complicated or because they feel too young to think about it. Remember that finding the time to make these significant financial…Read More
Types of Power of Attorney in North Carolina
Estate planning lawyers create different types of power of attorney documents in North Carolina to accomplish different goals for their clients. Certain types of POA documents are very useful to have as a standard part of your estate plan. Other types may be most useful in specific circumstances unique to your situation. Understanding Powers of…Read More
What is Guardianship?
When a court determines that someone cannot manage their finances or their healthcare, the court can appoint a guardian to make decisions and act on that person’s behalf. A guardian could be an individual such as a family member or an entity. The person subject to guardianship sometimes referred to as a ward, is often…Read More
Do You Need a Special Needs Trust for Your Child in North Carolina?
Parenting a special needs child comes with an extra share of care and responsibilities, one of which concerns your child’s future. It is essential to ensure that your child enjoys a financial safety net after you are gone. Timely and appropriate estate planning can help provide for your child’s long-term needs. Specifically, your family may…Read More