Estate Planning Blog
How Taxes Affect Estate Planning
Nothing is certain in life other than death and taxes. What is the impact of taxes on estate planning? In 2022, the federal estate tax exemption is $12.06 million per person. If the value of your estate is under this…
When and How to Contest a Will
When and how do you contest a Last Will and Testament? The answer is both simple and quite complex. The simple answer is to file what is called a “Caveat” in the estate where the Will is being probated. A…
Why You Need An Estate Planning Attorney for Medicaid and Long-Term Care Planning in North Carolina
The U.S. Department of Health and Human Services says someone turning age 65 today has almost a 70% chance of needing some type of long-term care services in their remaining years. Twenty percent will need care for longer than five…
Moving to a Nursing Home? Find Out How You Can Protect Your Home From Nursing Home Costs
Medicaid provides a variety of healthcare benefits but may recoup spending on beneficiaries after they die by seizing assets in their estate, such as houses. However, you can take steps to protect your home from Medicaid estate recovery. If you…
Effective Ways to Avoid Common Estate Planning Mistakes
Many people believe the word “estate” only applies to wealthy individuals with multiple properties and substantial assets, but this is inaccurate. Anyone who has money, property, or other assets has an estate and will benefit from a well-organized estate plan….
Veteran Provisions: Providing for Our Vets in Civilian Life
I am honored to have recently become an accredited attorney for the preparation, presentation, and prosecution of claims for Veterans’ benefits before the Department of Veterans Affairs (“VA”). Since Veterans Day was November 11, I thought it timely to share some information…
Medicaid Asset Protection Trust Planning to Qualify for Medicaid Benefits in NC
Medicaid is a program that provides significant health care and long-term care benefits to many Americans who qualify. Unfortunately, to qualify for Medicaid, you must have a low income and few assets. This means that if you’ve spent a lifetime working…
What is Elder Law?
The practice of elder law refers to assisting people with the legal aspects of issues that affect all of us in our later years. But many elder law issues should be dealt with before you are elderly. This elder…
Importance of Estate Planning for Entrepreneurs & Small Business
Just as each of us should make plans for the transfer of our personal assets to our heirs, the small business owners among us should plan for the disposition of their businesses. Your small business needs an estate plan, just…
Importance of Estate Planning for First Responder
First responders know the risks they face as part of their jobs. They put their lives on the line when responding to natural and manmade disasters, accidents, fires, disease outbreaks, and crime scenes. According to the U.S. Bureau of Labor…
