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Is a Handwritten Will Valid in North Carolina.

Is a Handwritten Will Valid in North Carolina

When people think about estate planning, most are familiar with the traditional, typed Will that is prepared and executed with assistance from an attorney. To be valid in North Carolina, the Will must be signed by the person making it, witnessed by t… Read More
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How Guardianships of the Elderly Work in North Carolina.

How Guardianships of the Elderly Work in North Carolina

When an elderly loved one begins to experience difficulty caring for themselves, making legal and financial decisions independently, or performing daily life tasks, you may find yourself asking difficult questions about how to best protect your loved… Read More
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What’s the Difference Between Trust Administration and Probate.

What’s the Difference Between Trust Administration and Probate

Your estate planning choices today–including making no plan at all–determine how your assets are passed on at your death. If you have a trust (usually a revocable living trust or RLT), the process of passing on your assets is known as trust admin… Read More
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double exposure image of coin stacks on technology financial graph background concept.

Estate Planning for Digital Assets

Until recent years, those planning their estates did not have to be concerned with anything other than their physical property and liquid assets. Now, technology and digital assets have become part of everyday life and must be thought about when plan… Read More
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Paper with LLC on chart with calculator,pen and magnifier concept

Formation of an LLC in North Carolina

One of the most critical decisions you will make as a business owner is how to structure your company. The entity you choose can have long term legal and financial ramifications. It can also affect your liability and determine how your taxes will be… Read More
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The Times They Are A-Changin': Digital Assets and Your Estate Plan

For time immemorial, estate planners never had to worry about digital assets. But with the ever increasing reliance on and use of technology in the daily lives of the average American, estate planners must now consider the importance of digital asset… Read More
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Say bye-bye to passive activity losses: A possible past-time for LLCs and LLPs

Limited liability companies (LLCs) and limited liability partnerships (LLPs) are well ingrained as two of the preferred techniques used by estate planning professionals. Both LLCs and LLPs offer significant advantages that many other techniques do no… Read More
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Categories: Articles, Income Tax

Choosing a Roth IRA

One of the most-discussed ways of saving for retirement is through an Individual Retirement Arrangement or “IRA.” An IRA is a tax-advantaged retirement plan set up and managed by an individual (unless a financial advisor is hired to manage the in… Read More
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Uncertain times for estate planners: What changes loom for 2009?

Several possible changes that may occur in the very near future pose great uncertainty for estate planners. The biggest uncertainty revolves around the estate tax. The Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”) presently… Read More
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A GRAT way to transfer wealth. Well, at least for now...

If you possess assets that are appreciating fast (or at least you think they will), the GRAT is simply one of the most effective ways of transferring value at a low cost. The future of this technique is not clear, however, as proposed legislation cou… Read More
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