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My blog can be a helpful resource as you plan your estate.
Information is powerful when putting together your estate plan. At Vail Gardner Law, I update my blog regularly with helpful estate planning information, as well as updates about my upcoming estate planning workshops and other news about my law firm in Durham, North Carolina.
The information on this website is for general information purposes only. It should not be taken as legal advice for any situation. By viewing this website, no attorney-client relationship is established.
Special Needs Trusts: Understanding the Rules
If you have a loved one with special needs, it’s essential to understand the new rules for special needs trusts. Under the new regulations, there are more options than ever when setting up special needs trusts for your loved one. You can choose the trustee, decide how much money goes into the trust each year, and set up specific provisions for what should happen if your loved one outlives you. It’s crucial to fully understand your options so you can make the best decisions for your loved one’s future.
How Third Party Special Needs Trusts Help Individuals With Disabilities
If you have a loved one with special needs, you may wonder if a third-party special needs trust is right for them. This type of trust has several benefits that can be very helpful for those with disabilities. Let’s take a closer look at this type of trust and the benefits your loved one may receive with third-party special needs trusts.
How a Spendthrift Clause Can Benefit Your Family
If you’re like most people, you want to protect your assets in case something happens to you. A spendthrift clause can help ensure that your loved ones are taken care of even if an heir beneficiary is unable to manage their own finances. Learn how spendthrift clauses work and how they can benefit your family in North Carolina.
Guardianship vs Power of Attorney: What’s the Difference?
There comes a time in life when you start thinking about guardianship vs power of attorney. Both arrangements offer different levels of care and protection for adults who cannot make decisions for themselves. So what’s the difference? Guardianship is a court-ordered arrangement, while power of attorney is an arrangement you choose. Here we’ll take a closer look at guardianship and power of attorney so you can make an informed decision about which is right for you.
Medicaid Trust Pros & Cons: What You Need to Know
If you’re like most people, you want to protect your assets in case you need long-term care. One of the top strategies for this is drawing up a Medicaid asset protection trust, also known as a MAPT. Learn about the pros and cons of a Medicaid asset protection trust and decide if this long-term care strategy is right for you!
Charitable Remainder Trust: How to Give to Yourself, Beneficiaries, & a Charitable Organization
If you’re looking for a way to give back to your community, you may consider setting up a charitable trust. A Charitable Remainder Trust, also called a CRTrust is an irrevocable trust that allows you to donate money to charity while still receiving tax benefits. This arrangement is beneficial for both the donor and the beneficiary. Let’s take a closer look at how this works!