I often consult with unmarried couples who are deeply committed to each other yet have made the decision not to marry now – or perhaps never to marry. If you are part of an unmarried couple, estate planning takes on heightened importance for you because the reality is that the law continues to grant benefits and rights on the legally married it does not to unmarried couples. Fortunately, careful estate planning can accomplish what the law does not. It's not hard to get this right, but the gap … [Read more...] about Getting it Right for your Unmarried Partner: Key Estate Planning Strategies.
When the Estate Planning Attorneys at Clarity Legal Group work with clients to create an estate plan, we always begin with listening to the client's particular goals and concerns so we can tailor the plan to the unique needs of the client. We do a lot of planning built around Living Trusts. I am sometimes asked "do I need a Living Trust?" I think better questions are "how can I accomplish my goals through a Living Trust" and "how does planning around a Trust accomplish those goals better or … [Read more...] about Trust Administration Explained
The trust administration process is a preferred way of transferring wealth after a death occurs. One of the many valuable features of planning with a Living Trust is the privacy made possible through this planning technique. This privacy is available only if you have organized the management of your affairs through a trust before your death. Furthermore, the privacy is only assured if you use the Trust Agreement as a vehicle for avoiding the court process known as probate, which requires both … [Read more...] about Trust Administration is a More Private Way to Transfer Wealth
Why Would I Want A Revocable Living Trust from Mark Costley This person or entity would be empowered to administer the trust in the event of your incapacitation. Learn more about North Carolina Revocable Living Trust in this presentation. … [Read more...] about Why Would I Want A Revocable Living Trust?