Estate Planning
How to Handle Estate Planning Amid Family Friction
Often the biggest obstacle to estate planning revolves around family dynamics. How parents, children, siblings and others interact with one another can guide or derail a plan for efficiently transferring assets from one generation to the next. The start of the estate planning process can stir up family friction if discussions of inheritance begin and some…
Read MoreWhere to Safely Store Your Estate Planning Documents
Your estate planning documents — wills, health-care directives, powers of attorney, trusts — are essential records that explain your end-of-life wishes and desires. Therefore, these documents must be kept in a safe location until they are needed. They are only valuable to you and your loved ones if the documents can be reviewed and followed when…
Read MoreBrady Cobin Law Group Hosts “What Does Retirement Look Like For You?” Event in Raleigh, NC
Brady Cobin Law Group recently hosted a “What Does Retirement Look Like For You?” event in Raleigh, NC. Estate planning lawyer Andrew Cobin organized the Brady Cobin retirement event, which was held on August 14th. He welcomed guests to a retirement discussion focusing on three topics: The challenges and new opportunities in retirement planning created…
Read MoreBrady Cobin Law Group Provides Estate Planning Needs Assessment Tool on Website
The estate planning attorneys at Brady Cobin Law Group, PLLC offer an easy-to-use online calculator to assess your estate planning needs. Estate planning is about planning for the orderly distribution of your assets while minimizing estate and income taxes. Having a well-structured estate plan ensures that your wishes are carried out after a disability or…
Read MoreSame-Sex Couples Need Estate Planning, Too
Since same-sex marriage became legal throughout the United States in 2015 with the Supreme Court’s decision in Obergefell v. Hodge, many same-sex couples have realized that they can benefit from estate planning. Making decisions about the disposition of your accumulated wealth and property, providing power of attorney for critical decisions, and stating end-of-life health care…
Read MoreUpdate Your Estate Plan Annually
As your life changes, so should your estate plan. At Brady Cobin Law Group, PLLC, we advise family planning clients to revisit their estate plan every year to ensure that life has not passed it by. Whether you have experienced a significant life event such as the birth of a baby, change of marital status…
Read MoreUnmarried Couples and Estate Planning: Does It Make Sense?
Sometimes we are asked whether a couple that lives together — an unmarried couple — needs estate planning. Our answer is an emphatic “Yes.” There are protections married couples have that unmarried couples do not, which makes estate planning more important in many ways for unmarried couples. Whether they are a younger couple not ready…
Read MoreA Relatively New Task for Executors: Digital Footprint
It is hard enough to deal with a home filled with a lifetime of possessions! Now add to that the executor’s newest responsibility: their loved one’s digital footprint. Executors today are facing a relatively new task: managing online accounts, photos, posts and more that comprise an individual’s digital footprint. According to an article in The…
Read MoreWhen Roles are Reversed: Helping Aging Parents
As parents age, their adult children shift into the role of caretakers, making sure their housing, medical, financial and legal needs are being properly handled. It’s never a happy scenario when an independent parent becomes unable to live on their own and needs their adult children to become involved with their day-to-day life. There are…
Read MoreWhen Should You Start on Your Estate Plan? How About Right Now?
No matter how old (or young!) you are, no matter the size of your estate, or how far away retirement is, you need an estate plan. Life happens, often unexpectedly, and an estate plan protects you and your family. One of the reasons for an estate plan is to provide detailed instructions to your spouse…
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