Vail gardner law
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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.
Should I Give an Early Inheritance to My Kids?
There are pros and cons to giving an inheritance away while you live, depending on your net worth, age, projected income, and future lifestyle. It is possible to prepare your estate to care for you through your elderly years while also maximizing your estate’s gifts to your children now and in the future.
Estate Planning Checklist
When we think about estate planning, most of us think that we have time to take care of that later. The problem with putting estate planning off is that oftentimes we just never get around to it. Estate planning is never crossed off our to-do list because we don’t like to face the fact that death is something that happens. Look over this estate planning checklist to get started.
Can a Doctor Declare Someone Incompetent?
Being declared incompetent by a doctor does not mean that you lose all ability to make decisions for yourself, but it does mean that you are in danger. You are in danger of a legal battle for your independence. You are at risk of facing a courtroom struggle to remain the guardian of yourself.
How to Add a Name to a Deed
If you are planning to leave a home to an heir or get married, you may be considering adding a name to your deed. However, all deeds are not created equal so you’ll want to be careful how you go about changing your deed. Let’s look at how to add a name to a deed.
What Happens if I Die Without a Will in NC?
Caring.com recently did a study and found that only 4 in 10 American adults have a will or living trust. If you have not made end-of-life plans, here is your wake-up call. There are many reasons you do not want to take the chance of dying without a will. Let’s look at why it’s important to have a will and what can happen if you do not.
What is a Living Trust?
A living trust is a legal agreement that holds your assets and real estate. You, the Grantor, name a Trustee who is in charge of distributing the assets to the chosen beneficiaries at the time and in the way that you state in the language of the trust. You can choose to be your own trustee or have someone else fill that role. Learn more about how a living trust works and why it might be a good idea for you!