If you are contemplating saving money by creating your own will, you should consider the risks that you are taking by doing so. Creating your own estate planning documents may be cheaper, but a simple mistake may cost you and your loved ones a lot more in the long run. Here are three reasons you [...]
Is financial security at the top of your priority list? If so, life insurance is a great way to expand and protect your assets. Having life insurance has several valuable advantages. Advantages to having a life insurance policy: * Access to cash: Life insurance policies offer flexibility and less restriction than other assets when it [...]
When people think of estate plans, they often think it is created solely for the purpose of dividing up assets upon death. However, an estate plan is much more than that. Asthe owner of the Thornton Law Firm, I hear all of the stigmas around estate planning in Raleigh. For many people, however, an estate [...]
Many people think that creating an estate plan can wait until you are older. However, despite what people may think, you can create an estate plan at any age. In fact, it is always good to have some sort of estate plan just in case things happen and unforeseen circumstances occur. Keep in mind, though, [...]
Preparing to sell a business can be a long and difficult process. Not only do you have to make sure everything is organized and stable internally, but everything must be organized for the sale itself. As a business law attorney in Raleigh, I help guide my clients through the many things must be considered before [...]
A common question that I am often asked is, “When (or at what age) should I start my estate planning? That answer is different for everyone, but the answer is, “When you have assets that need to be protected”. As the owner of the Thornton Law Firm in Raleigh, I see so many individuals avoiding [...]
Estate planning for a family with a special-needs child can be a challenging process, especially when the child is or may receive need-based public benefits such as Medicaid or SSI. As the owner of the Thornton Law Firm, the main goals in estate planning for any child is to protect their benefits. But, this is [...]
Having an estate plan ensures that a person’s assets will be distributed as he or she wishes among their beneficiaries after they pass away. A good estate plan also helps guide who will take care of their minor children. When an estate plan hasn’t been written and established, how that person’s estate is transferred is [...]
The online digital landscape provides the resources necessary for small business owners to advertise their brands and reach a broader audience. Social media, in particular, has helped by allowing businesses to promote themselves. Social networking sites like Facebook and Instagram help owners form relationships with clients. However, as seen on the news from time [...]
When people reach their 50s and 60s, the thought of retirement no doubt arises. However, certain steps should be taken to start preparing for retirement before it’s too late. At Thornton Law Firm, we help clients across the Triangle plan for their future by assisting with wills, trusts, and the drafting of other crucial [...]