What Is The Difference Between A Will And A Living Will?
After amassing a vast estate during your professional career, it is understandable to be concerned about how your financial and real property will be organized and distributed once you pass on. In North Carolina, you can choose to write a will or a living will. But what's the difference between the two? This article provides valuable insights into a will…
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Can You Remove Yourself From A Will?
Receiving an inheritance via a will from a deceased loved one is an extremely kind last action that one can take. They are thinking about how they want to leave things for their loved ones after they pass on. However, not everyone wants to accept their inheritance for whatever reason. If that is the situation that you find yourself in,…
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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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