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Revocable vs Irrevocable Trust: Which Do I Need in My Estate Plan?
Trusts are powerful tools in North Carolina estate planning that can help protect your assets, minimize taxes, and fulfill your wishes. Two of the most common types of trusts are revocable and irrevocable trusts. Understanding the differences between these two options is necessary to know which suits your unique needs and goals best. Today, let's explore the advantages, disadvantages, and…
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9 Signs That It’s Time to Hire an Elder Law Attorney
As we age, planning for the future and understanding complex legal issues becomes stressful. Here is where an elder law attorney can be a valuable asset. These legal professionals specialize in helping seniors and their families with a wide range of legal matters, from estate planning to long-term care. But how do you know when to hire an elder law…
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How Do Special Needs Trusts Work: A Comprehensive Guide
If you have a child or loved one who has a disability, you understand the constant juggling act involved in their care. From daily activities to doctor's visits, you strive to provide the best support. But what about their long-term financial security? That's where a special needs trust becomes your greatest ally. In this comprehensive guide, our estate planning lawyers…
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Estate Planning for Blended Families: What You Should Know
Family dynamics are changing. And it's more important than ever to have an estate plan that takes care of everyone you love if something happens to you. Estate planning is already difficult. But what if you're a part of a blended family? How do you plan for your children and/or stepchildren and ensure no one is unintentionally left out? We'll…
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What is a Living Trust and How Does it Work?
So you’ve been hearing the terms “living trust” and “trust-based estate plan” thrown around and want to get clear on what exactly these fancy constructs entail. Great question! We know trusts can seem complex and abstract at first when you just want simple guidance on caring for your family. As your neighborhood estate planning attorneys here in Cary, allow us…
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