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.
What Voids a Will in North Carolina?
Usually, voiding or revoking a will is a purposeful act on the part of the will-maker. But what voids a will in North Carolina? Are there laws that automatically void a will in specific situations? Let’s look at the details of a will, when to update it, and when the state may void your will entirely.
When Does Power of Attorney Take Effect?
Granting someone a Power of Attorney (POA) is a crucial decision that allows them to act on your behalf in various legal and personal matters. However, you may wonder, “When does a power of attorney take effect?” In the state of North Carolina, the timing of a Power of Attorney can vary depending on your own decisions and desires. Learn the necessary information to make informed decisions regarding this powerful legal instrument.
POA Powers: Can a POA Withdraw Money From a Bank Account?
Granting someone a power of attorney (POA) involves entrusting them with authority over aspects of your life. It’s natural to have questions about the extent of the powers granted to an agent. One common query revolves around bank accounts: Can a POA withdraw money from a bank account? This blog post will explore the rights and limitations of different types of POAs.
Estate Planning for Mental Health: Do It For Your Future Self
It’s okay not to be okay. To remove the stigma surrounding mental health, we must recognize that mental illness affects approximately one in five US adults. You or someone in your family is likely living with a mental health condition. Proactively address the challenges associated with mental illness by establishing an estate plan that confronts these issues directly. So go ahead and start making a plan. Do it for your future self.
Learn Trust Basics: Who is the Grantor Vs Trustee?
Estate planning is an essential aspect of life that many people overlook. Proper estate planning ensures you can protect your assets and care for your loved ones, even after you pass away. Learn the basics of trusts, such as the difference between grantor vs trustee, to benefit you and your loved ones. Make informed decisions regarding estate planning for your family.
Protect Yourself: Mental Incompetence in Estate Planning
Estate planning is a critical process for everyone, regardless of age or wealth. It allows for control of how your assets may distribute after your passing and ensures that your plans provide security for your loved ones. However, what happens if you face mental incompetence and can’t make decisions for yourself? It’s crucial to make legal provisions in estate planning and to maximize control of your standard of care and financial asset distribution.