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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.
What are the Types of Power of Attorney?
A Power of Attorney, sometimes referred to as POA, is an estate planning document that is used to appoint someone (an agent) to manage your affairs. There are different types of power of attorney. Each serves a different purpose and gives different levels of authority to your agent.
Wise Valentine Gifts for Grandchildren
As a grandparent, you can love without the heavy responsibility of parenting. Giving gifts is just a part of having grandchildren. However, only wise gifting can help them grow a sagacious character for themselves. When your hard-earned money falls into careless hands, it is easily lost. Instead, help your grandchildren see the value of your gifts by considering how best to give first. Let’s look at wise Valentine gifts for grandchildren in 2022.
What is a Dynasty Trust?
Family wealth may face risks associated with estate taxes, civil lawsuits, long-term care costs, bankruptcies, family member drug abuse, etc. However, it is possible to leave family wealth to future generations. Protecting your assets in perpetuity is possible with a Dynasty Trust, also called a perpetual trust.
Protect Your Assets and Leave a Legacy
It’s time to think about how your assets will weather the future and continue to benefit your family. You may protect your assets through legal frameworks such as trusts that work specifically for your situation.
How Does a Pour-Over Will Protect My Assets?
Costs such as long-term care, Medicaid recovery, probate courts, taxes, creditors, and more cut into your estate without proper planning. A pour-over will keeps your estate intact by letting any assets flow into a trust upon your death. Learn how a pour-over will protects your assets.
5 Factors to Consider Before Giving a Monetary Gift
If you have extra financial resources you want to share with others, you may wonder about the best way to give a large monetary gift. Many factors determine whether your gift will be welcomed and appreciated, but it’s also crucial to look at how your gift may impact your own future planning. Let’s look at 5 factors to consider before giving a large monetary gift.