Do You Need an Estate Plan?

do you need an estate plan

It’s been awhile since I wrote about a question as simple as “do you need an estate plan?” However, yesterday I received a call from a potential client who was frustrated because his wife of 40 years needed to be hospitalized and the doctors and staff at the hospital would not provide him with any […]

Love giving to Charity? The Charitable Remainder Trust May be Just What You Need

Charitable Remainder Trust

A couple of weeks ago I was approached by a friend of mine who has several clients with low-basis, highly appreciated stocks. They were looking to diversify, minimize taxes, provide some additional income, and keep some level of control over their investments. I initially thought a charitable remainder trust would be a great option… And […]

Last Minute Tax Tips to Reduce Your 2017 Tax Bill [Updated]

last minute tax tips

We are almost to the end of 2017, and this year we may have some much bigger changes coming our way in 2018 than in a typical tax year. For that reason, you may want to pay close attention to this post. The reason we have so many changes coming is that Trump’s Tax Reform […]

Privacy and Estate Planning

privacy and estate planning

I’m amazed at the number of clients I have that have not truly considered the privacy implications of their estate plans. From the dawn of time, humans have been concerned about privacy. Privacy keeps us safe from predators, enemies, and even in some cases, our closest friends. But at the same time, many people forget about […]

What is a Power of Attorney and Why is it so Important?

What is a power of attorney

I’ve done a lot of posts on this blog talking about powers of attorney in North Carolina, what they are, why they are important, and why you need to have one. I’ve even talked about some of the pitfalls and mistakes people make with powers of attorney. I’ve had a number of clients recently that have […]

Why Updating Beneficiary Designations Does NOT Count as Estate Planning

beneficiary designations

Today I did a quick Facebook Live Video to discuss something that is really ticking me off lately. Let me be clear – just because you have updated beneficiary designations does NOT mean you have a good estate plan in place! Watch the whole video for my reasons why… Full Transcript – Why Beneficiary Designations […]