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Family dinners, holiday gatherings, and weekend outings—what happens when these joyful occasions get overshadowed by conflicts over the family business? When your personal and professional lives are deeply intertwined, disputes can spill over into both realms, making Sunday dinners as tense as board meetings. In the worst cases, these disputes can carry over into estate…

Inheritance issues are often sensitive and emotionally charged. But when you suspect that an inheritance has been wrongfully depleted or mismanaged, the emotional toll can be even higher. We at Brady Cobin Law Group understand how crucial it is to address these concerns promptly and effectively.   What Constitutes a Wrongfully Depleted Inheritance in North…

Owning property jointly is a common practice in North Carolina. When two or more individuals have ownership rights to a particular property, they possess it ‘jointly.’ But what does this mean for the owners? At its core, joint ownership means all parties share equal rights to the entire property. However, when one party wants to…

As your parents age, it’s crucial to have essential legal documents in place to ensure their wishes are respected and that you’re prepared for any eventuality. Here in North Carolina, we often see families struggling with uncertainties and legal complexities that could have been avoided with some foresight. At Brady Cobin Law Group, PLLC, we…

At Brady Cobin Law Group, PLLC, we understand that the decision to move into assisted living is a significant one. It often involves emotional considerations, financial implications, and most importantly, the wellbeing of a loved one. Fortunately, North Carolina offers a range of affordable assisted living options that ensure quality care without breaking the bank.…

When it comes to estate planning, one crucial step often overlooked is trust funding. Trust funding involves transferring your assets to your living trust and updating beneficiary designations on various accounts, such as life insurance or retirement accounts. This process is essential for the success of a trust-based estate plan, especially when it comes to…

Opting to gift your assets to your beneficiaries during your lifetime can appear as an effortless way to sidestep probate. However, the process of gifting involves certain complications. The Timing Challenge of Gifting Gifting to avoid probate presents two main dilemmas: Too Much Too Soon: If you gift too much of your property too early,…

Many North Carolina residents ask us, “If I sell my house, will Medicaid know about it?” The answer is yes.  In North Carolina, Medicaid programs must follow federal guidelines, but they vary greatly from state to state. When you apply for Medicaid, the program considers your income and assets to determine eligibility. Medicaid has strict…

Estate planning often involves seeking strategies to streamline the transfer of assets after death and avoid probate—a typically lengthy and complex legal process. One such strategy that’s become popular due to its relative simplicity is the use of Transferable on Death (TOD) and Payable on Death (POD) properties. Let’s delve into this approach and understand…

Assets like life insurance, annuities, and qualified retirement plans (e.g., IRA, 401k, 403b, etc.) are a critical component of many people’s estate plans. At the owner’s death, these assets often transfer directly to beneficiaries as stated in the asset contract, bypassing the probate process. Since these transfers are governed by the contract, there is no…