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We’re about six months into the coronavirus pandemic, and it’s safe to say that our world has changed in ways nobody could see coming. Among these changes, we've seen adjustments in how people in Raleigh, NC are approaching estate planning in light of the pandemic. Here are three ways that we’re seeing estate planning [...]
As an estate planning law firm serving the Raleigh, NC area, we often get asked when someone should think about setting up an estate plan. In our opinion, an estate plan is always important, but there are some specific times in someone’s life where it’s an even better time to look into setting one [...]
When talking about small businesses, don’t be misled by the word “small.” Small businesses make a huge impact on our local and national economies. These businesses are defined by having less than 500 employees. Small businesses are the backbone of America, so how exactly do they benefit our local economies? The biggest benefits of [...]
Durable powers of attorney (POA), also commonly known as a financial power of attorney, can be a very useful tool for estate purposes. A durable POA is a document that allows someone to make financial decisions on someone else’s behalf. A durable POA is set for long-term, general use, versus for one specific instance, such [...]
Financial trends can have an impact on more than just bank accounts. Some of these trends can have unforeseen effects on estate plans. As an estate planning law firm, we do our best to advise our Raleigh-area clients about how financial decisions can impact estate planning. Here are some tips to keep in mind [...]
Our Raleigh-area clients often ask us whether a power of attorney is vital. In a word, yes. A power of attorney gives a person the power to make decisions on behalf of someone else and can be very important for many reasons. Here are three instances where a power of attorney is vital: College-aged [...]
It seems like setting up a trust is becoming more and more popular here in the Raleigh, NC area. It can be a great addition to many estate plans and one that should be considered. When created correctly, it can be a key component to an estate plan, expanding the possibilities of what can [...]
The Setting Every Community Up for Retirement Enhancement Act (or Secure Act) went into effect in December of 2019, affecting how people here in Raleigh can invest in retirement accounts. These changes in how people fund retirement also affect their estate plans, since retirement savings are part of a person’s assets. Here are four [...]
Estate planning can be a bit of an emotional process. Facing one’s mortality, hashing out family dynamics, and setting one’s legacy can be more taxing than people think. This is why finding the right estate lawyer for a person’s unique situation is important. In the Raleigh-Durham area, there are many lawyers to choose from, [...]
When deciding on an estate plan, many of our clients in Raleigh and Durham, NC aren’t too familiar with the differences between wills and trusts, so it’s difficult to decide which might be best for their specific situation. How our estate is dispersed is part of the legacy we leave our loved ones, so [...]