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 threshold, then your estate will not be subject to tax. Those with estates totaling more…

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Estate Planning Gone Wrong: Mistakes to Avoid

North Carolina will

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. A solid estate plan can help communicate your end-of-life wishes if you are unable to…

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Why Small Business Owners Need an Estate Plan

Estate Planning for Small Business Owners

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 as you do. The estate planning attorneys at Brady Cobin Law Group, PLLC, can help.…

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Why First Responders Need Estate Plans

firefighter jacket after being injured

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 Statistics, 838 emergency responders – public-sector law enforcement, firefighters, and ambulance crews – died from…

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Why We Might Need Something More Than a Will

andrew cobin estate planning lawyer

Attorney Andrew J. Cobin, a partner at Brady Cobin Law Group, appeared on WPTF’s Triangle Afternoon News program and discussed questions with radio hosts Rick and Donna Martinez about making a will and why a will by itself may not be enough. Andrew Cobin is among a small percentage of attorneys recognized by the North…

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Who Takes Control of Your Digital Assets When You Die?

digital assets

As you consider what you will pass on to your heirs and other beneficiaries, do not overlook your digital assets. If your virtual property – anything from digital music you’ve bought to website content, Bitcoin or other cryptocurrencies – has value, then proper estate planning can ensure you’ve designated what happens to it when you’re…

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Dying Without a Will — NC Intestate Chart

Dying Without a Will in North Carolina In North Carolina, when you die without a will, it is known as having a dying “intestate”, meaning that a local probate court will appoint an administrator to distribute your assets according to the requirements of North Carolina probate law. They must follow state intestacy laws that try to…

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Attorney Andrew Cobin Interviewed on WPTF

andrew cobin estate planning lawyer

Attorney Andrew J. Cobin, a partner at Brady Cobin Law Group, PLLC, recently appeared on a segment of WPTF’s Triangle Afternoon News program to answer questions about wills and estate planning with radio hosts Rick and Donna Martinez. He discussed some of the basics of planning for the various phases of life. Andrew Cobin concentrates…

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