by Vail Gardner | Feb 18, 2021 | Estate Planning
If you want to make a plan for the future, you may think about a living trust. Also called a revocable trust, this type of legal framework can offer solutions to your estate planning dilemmas. A last will and testament cannot begin to touch what a living trust can do...
by Vail Gardner | Feb 12, 2021 | Estate Planning
You may not realize that after you die, a court of law must settle your estate. Before a single penny goes to your heirs, the administrator of your estate must inventory, assess value, and consider your debts. During the long process of your estate settlement, your...
by Vail Gardner | Feb 2, 2021 | Estate Planning
The average age someone receives an inheritance has changed drastically in the past 30 years. According to United Income, “The average age that adults receive an inheritance has risen from 41 in 1989 to 51 in 2016. Similarly, over 25 percent of inheritances go to...
by Vail Gardner | Jan 18, 2021 | Estate Planning
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...
by Vail Gardner | Jan 4, 2021 | Estate Planning
A doctor can assess a person’s ability to make particular decisions, but a doctor’s assessment alone does not legally declare someone incompetent for guardianship in North Carolina. Legal incompetency is determined through a court proceeding, generally before the...
by Vail Gardner | Dec 23, 2020 | Estate Planning
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....