In these trying economic times, many are going to be in the unfortunate position of not being able to pay on their debts. Ultimately, business owners may find many of their accounts heading towards collections. As a business owner, there are ways in which you can prevent your business from being affected or at the very least, limit your risk.
I recently […]
Author Archives: Sabrina Winters
November 16, 2008
How Businesses Can Limit Their Collection Accounts
October 13, 2008
Is residency a requirement to a valid North Carolina Last Will and Testament?
I recently received a call from a woman who was not a resident of North Carolina. She lived, worked and had assets in another state. The only connection to (asset in) North Carolina was a second home being rented to a family member. Her intent was to move to North Carolina within the next two years. I was asked if […]
August 7, 2008
How to deal with Rental Property when Estate Planning
One of the assets I look at and consider when Estate Planning for a client is any real property that the client owns. This includes residential homes as well as rental properties. A big mistake people make is owning rental property in their own name. What they may not realize is if it is owned in their own name that […]
August 4, 2008
The Basics of the Federal Estate Tax
At first, most clients that meet with me think that they do not have a large enough Estate to be concerned about it being taxed when they pass away. When I have completed asking them questions they are amazed at the true value of their Estate. The reality is that many people need to start planning […]
June 16, 2008
10 Items to Consider When Choosing a Guardian for your Child or Children
One of the biggest reasons my clients say that they waited to have their Last Will and Testaments drafted is because they did not know who to choose for the guardian of their children. This is not a decision to take lightly. These are your children and the thought of them being raised […]
June 10, 2008
The Other Side of Having a Last Will and Testament in North Carolina
If you pass a way while a resident of North Carolina and you do not have a Last Will and Testament, the State of North Carolina dictates how your assets are distributed. It is called Intestacy. The Intestacy laws dictate the distribution of your personal and real property based upon who was alive on the […]
June 9, 2008
What is consider a Last Will and Testament
Traditionally the word “will” applied to the distribution of real property and the word “testament” applied to the distribution of personal property. North Carolina considers the word “will” to include both real and personal property.
The State of North Carolina recognizes written and oral Last Will and Testaments. One that is written can be either attested […]
May 29, 2008
How to chose an Estate Planning Attorney
The best way, in my opinion, to find the right Estate Planning attorney is to get a recommendation from a family member or a friend. If they had a good experience with an Estate Planning attorney they will be more than happy to pass his or her name and number along to you. You can […]