Estate planning is when you prepare legal documents outlining how you want your assets to be distributed upon your death. Regardless of how much you own, it is an important way to take care of your family when you are no longer there to do so. Terms to Know | Probate Lawyer in Cary NC There are hundreds of terms Continue Reading
Importance of Titling Assets in an Estate Plan
When planning how your estate will be distributed, it is important to make sure your assets are titled so that there won’t be any unexpected problems when they are distributed to your heirs. Many people think that just because their will outlines how they want their property distributed, their final wishes will be followed. If a piece of property or Continue Reading
Do I Need a Durable POA?
If you become ill or incapacitated and cannot make decisions on your own, who will take care of your financial affairs? If you do not have a durable power of attorney (POA) named to manage your finances during this time, the courts may appoint someone. Our estate lawyer in Cary is here to help you better understand a POA and Continue Reading
Marital Trusts, Continued
As we mentioned in our previous blog post, The most common is a credit shelter trust, which is also known as an AB trust. It works for couples who may have separate assets that are going to different beneficiaries. The surviving spouse still has control over the trust until he or she dies. A marital trust is a way for Continue Reading