Articles & Firm News

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Implementing an Irrevocable Trust in Your Estate Plan

When you begin planning your estate, you might be wondering if an irrevocable trust is a good option. While a wide variety of trusts may be utilized to accomplish your estate planning objectives, this type of trust can be beneficial for those seeking… Read More
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Categories: Estate Planning
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What Business Structure Should You Choose?

If you’re starting a business, one of the first decisions you will need to make is what business structure should be used. The type of entity you select can impact all aspects of your business operations — from the paperwork you need to file, how… Read More
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Categories: Business Planning
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Tips to Avoid Probate

Probate is the court-supervised process by which an individual’s estate is distributed to their beneficiaries. These legal proceedings can be lengthy and costly — and many people wish to help ensure their loved ones avoid going through the public… Read More
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Categories: Estate Planning
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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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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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Is A Will Good Enough or Should I Have a Living Trust?

One of the most common questions asked during the estate planning process is whether a last will and testament is sufficient, or a living trust is also needed. The answer is that it depends. Neither estate planning tool is better than the other — t… Read More
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Categories: Estate Planning

To Sell or Not to Sell: The Great Inevitable Debate for the Family-Owned Business

After years of hard work (possibly decades), your client has built a successful family-owned business. Now that your client is older, he/she is ready to sell the business and use the proceeds for their retirement. But you know that your client may be… Read More
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Categories: Business Planning

Probate, Estate and Business Planning Tips for Everyone!

As a tax attorney (as well as an insurance representative and financial planner) that focuses my practice largely on Estate Planning for common folk and high-net-worth individuals alike, Business Planning, and Probate, this blog will be used to keep… Read More
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Categories: Firm News

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