You’ve invested in digital currency. You’ve seen the charts, watched your wallet grow, maybe even dabbled in NFTs. But there’s one question that many crypto investors don’t think about until it’s too late: what happens to crypto when you die? If your estate plan doesn’t address your cryptocurrency, your heirs could be locked out of those assets forever. At Cary…

The loss of a loved one brings both emotional grief and practical concerns about managing affairs like car loans. At Cary Estate Planning, we often reassure clients that debt typically remains with the deceased person's estate rather than transferring to family members. "Generally speaking, the debt will stay with the estate of the person who has passed away in most…

Losing a spouse is one of life's most challenging experiences. Along with emotional grief, surviving spouses in North Carolina often face the daunting task of managing their deceased partner's assets. Fortunately, North Carolina law provides several streamlined options for handling smaller estates without going through the full probate process, including the small estate affidavit. [embed]https://www.youtube.com/watch?v=fI5WS_aKrnk[/embed] What is a North Carolina…

As a parent, you want the best for your children. You work hard to provide for them and set them up for success. But what happens after you're gone? How can you ensure the assets you leave behind will be used wisely and not squandered away? Enter the spendthrift clause - a powerful estate planning tool that can protect your…

Estate tax planning got much more straight forward over the last decade since the federal estate tax exemptions increased so significantly that most families won’t ever have an estate tax planning need. The focus shifted more towards streamlining succession or creating asset protecting plans for the support of beneficiaries who may need it. But there’s a segment of the population who…