Do I Need A Trust? 6 Important Factors to Consider
Do I need a trust is a common question among people who want to protect their assets. The answer depends on several factors, including the size of your estate and your state's laws. You may not need one if you have a small estate and live in a state with favorable probate laws. However, if you have a large estate…
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Does A Trust Avoid Probate In North Carolina?
Nobody wants to think about the things they need to take care of before they die or how to divide their property before they pass. But, for many families, taking care of these daunting tasks can make life much more manageable after their loved one passes away. That is why in the below post, we will discuss not only whether…
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Cary Estate Planning Lawyer Paul Yokabitus Says an Estate Plan is a Spring Cleaning List Must Have
[Cary, NC, May 2022] — Cary Estate Planning Lawyer Paul Yokabitus reminds everyone that an estate plan is much broader than simply drafting a will. An estate plan creates a family's financial safeguard. Estate planning helps preserve family assets, and maintains the family's legacy as the deceased designed it. An estate plan can also minimize the waiting time for distribution…
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How the Medicaid Snapshot Date Is Determined in North Carolina
If your spouse requires nursing home care, it’s not only an emotionally difficult situation but also a legally complex matter. You naturally want to procure the best possible care and attention for your loved one, but the fact that Medicaid will likely play a role tends to make the process that much more challenging. If you find yourself in this…
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Before You Set Up a Trust in North Carolina, You Need to Know These 3 Critical Things
In the past, the creation of a living trust was limited to individuals who had built large estates and wanted to transfer the trust funds to their children and grandchildren. However, setting up living trusts has become commonplace in North Carolina as ordinary people have also found avenues to amass wealth, thanks to investments in stock markets and increased property…
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