Trusts
What Types of Trusts Are Available in North Carolina?
Who will handle your home, savings, and heirlooms when you are gone or unable to act? That single question pushes many North Carolinians to look at trusts as part of a solid estate plan. At Trusts and Estates Law Group (of North Carolina), PLLC, we focus on honoring each person’s life, work, and charity, and…
Read MoreTypes of Trusts in North Carolina: Which One Is Right for You?
Thinking about the future means asking tough questions—like who will manage your home, finances, or personal treasures if something unexpected happens. At Trusts and Estates Law Group (of North Carolina), we believe in guiding North Carolina families with compassion and clarity as they plan ahead. Trusts are a powerful tool in estate planning, but with…
Read MoreDefending a Trust from a Challenge in NC: Your Rights and Options
Trusts help manage and distribute a person’s assets according to their wishes, but challenges to their validity can create stress and uncertainty. If you’re facing a trust dispute in North Carolina, understanding your rights is essential. At Trusts and Estates Law Group, we’ve spent years guiding families through estate planning and trust administration, helping them…
Read MoreRevocable Vs. Irrevocable Trusts: What’s Best For You In North Carolina?
Understanding the different types of trusts and their implications is crucial for effective estate planning in North Carolina. Trusts are a fundamental tool in estate planning, providing flexibility, privacy, and control over asset distribution. Today, we’re diving into the distinctions between revocable and irrevocable trusts to help you determine the best fit for your needs…
Read MoreShould I Put My House in a Trust in North Carolina?
Your home is an incredibly valuable asset – for many people, it is their greatest source of wealth. You’ll likely want to make sure you pass it on to your family or other named beneficiaries when you pass. While there are many ways to do so, a trust may be the best option. Are you…
Read MoreUnlocking the Process of Transferring Real Estate into a Trust
Are you considering incorporating real estate into a trust but unsure about the process? It’s simpler than you might think. This article will delve into the key aspects of transferring real estate into a trust, enlightening you about deeds, mortgage implications, and the decision-making process. General Warranty Deed vs. Quitclaim Deed Transferring real estate into…
Read MoreShould I Put My House in a Trust in North Carolina?
Your home is an incredibly valuable asset – for many people, it is their greatest source of wealth. You’ll likely want to make sure you pass it on to your family or other named beneficiaries when you pass. While there are many ways to do so, a trust may be the best option. Are you…
Read MoreLiving Trusts and Taxes: What You Need to Know and How to Properly Prepare
If you’re considering creating a living trust to avoid probate, you should understand the tax consequences of these trusts. Read on to learn what you need to know about taxes on living trusts, then contact our the Trusts and Estates Law Group to schedule a consultation. What Is a Living Trust? A living trust or…
Read MoreWhat You Need to Know About Irrevocable Trusts in North Carolina
Irrevocable trusts offer some benefits that revocable “living” trusts do not. But those benefits come at a cost. Before creating any type of irrevocable trust in North Carolina, you need to be aware of certain factors. Be Sure You Understand the Terms There’s a reason most people work with an experienced attorney when creating an…
Read MoreUnderstanding Trust Administration and How We Can Help
An estate’s trustee must juggle an extensive list of responsibilities to provide closure to beneficiaries. In this article, we discuss the roles and responsibilities involved in Trust Administration and how we can help. What Is Trust Administration? Trust administration can be overly complicated if you don’t have proper assistance. Trust administration typically encompasses distributing the…
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