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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What Is an Estate Plan? How Does It Protect You in North Carolina?
Even though estate planning may not top your to-do list, maybe it should.  Leaving behind clear instructions on how your estate should be handled, who is the responsible party that will make decisions, and how your assets should be divided is essential to protect both you and your loved ones.  In the absence of an estate plan, the probate court…
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North Carolina Estate Planning Checklist
If you're like many families, there is no right time to think about estate planning. You have to spend time talking about your health, mortality, and taxes. You must focus on issues you'd rather not think about until it's absolutely necessary. It can be an uncomfortable process, but it's the best course of action for establishing long-term asset protection. If…
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