Tag archive for NC

25
Apr
Will Caveats: What It Takes to Contest A Will
Most Wills are probated without issue, but Will contests do occur and often have a significant (and negative) impact on inheritances. A Will contest begins when a possible beneficiary claims the current Will is invalid. But only certain people can […]
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23
Apr
Estate Administration Requirements: Notice to Creditors
North Carolina law requires a personal representative of an estate to notify by publication all persons, firms, and corporations having claims against the deceased’s estate. Usually this means publishing notice in a newspaper with circulation in the county where […]
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22
Apr
Why It Is Important To Update Your Will
The older a Will, the more likely that practical problems will arise when the time comes to probate it. As an example, many people invested in real estate recently needed to change their Wills because the economy forced them […]
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19
Apr
Advantages and Disadvantages of Payable on Death Accounts as Part of Your Estate Plan
One of the simplest methods for avoiding probate is to designate a beneficiary or beneficiaries for your bank accounts. An account with a named beneficiary is called a Payable on Death or POD account. When someone passes away the […]
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09
Apr
Are You Responsible for the Debts of a Deceased Family Member?
When a loved one passes away, the surviving family members are thrust into the confusing and unfamiliar task of administering the individual’s estate. If the individual was in debt when they died, creditors sometimes try to pressure the family […]
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08
Apr
Having a Baby? You Probably Need to Update Your Estate Plan
- Doug Boyette
- 0
- 529 College Savings, 529 Plan, Attorney, baby, Cary, Estate Plan, Estate Planning, Garner, Guardian, Guardianship, Inheritance, Life Insurance, Minor, Minor Children, N. Carolina, NC, NC Wills Attorney, North Carolina, North Raleigh, Raleigh, Trust, Wake Forest, Will, Wills Attorney
Just as with any important life event, an estate plan should be reviewed every time a baby is born. There are events that parents can plan for to prevent court costs, legal fees, plan for college costs, and nominate […]
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