An important part of creating your estate plan is naming your beneficiaries. They are the people named as recipients of your assets, so you will want to make sure they are designated correctly. It is good practice to check them once a year in order to make sure no changes need to be made. You can make an appointment with Continue Reading
Trustee's Duties
A trust is a legal agreement that outlines how you want your assets distributed upon your death. They are a good option if you want to avoid probate and reduce estate taxes on your assets. There are three people involved in a trust. There is the person who creates the trust, or the grantor or trustor. The second person is Continue Reading
Other Ways to Protect a Trust
In the last post, our lawyer in Raleigh NC explained what a trust is and how it can help you when planning your estate. One of the key factors in protecting a trust is establishing a trust protector. The position is different from a trustee because he or she is able to make changes to the trust, if they are Continue Reading
Ways to Protect a Trust
Many people use trusts as a way to distribute assets to their beneficiaries. Trusts are easy to establish as a part of an estate plan with the help of an attorney who has experience in estate law. There are many ways to protect a trust, which we will look at in the next two posts. First let’s learn more about Continue Reading