November 5, 2010
By Sabrina Winters
As a North Carolina estate planning attorney, I know young professionals have a lot to think about…starting their careers, buying their first home, starting a family. All of these accomplishments are just the beginning of many bigger life events to come. So it is a rare day when someone in this generation wants to think [...]
Posted in advanced medical directives, Beneficiary Designations, charlotte north carolina living trusts, charlotte north carolina trust, Estate Planning, Financial Power of Attorney, Guardianship, living will, power of attorney, Retirement Accounts, trusts
Tags: advanced directive, charlotte estate planning, charlotte estate planning attorney, charlotte health care power of attorney, charlotte nc estate planning, charlotte NC estate planning attorney, charlotte NC health care power of attorney, charlotte NC power of attorney, charlotte north carolina estate planning, charlotte north carolina estate planning attorney, charlotte north carolina health care power of attorney, charlotte north carolina power of attorney, charlotte power of attorney, Estate Planning, health care power of attorney, hipaa, IRA, Last Will and Testament, living trust, living trusts, power of attorney, sabrina winters, sabrina winters attorney at law, wills, young professionals
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November 3, 2010
By Sabrina Winters
There are similarities between a Last Will and Testament and a Revocable Living Trust: 1. both pass along specific assets, 2. both name guardians, 3. both are written,signed and witnessed; 4. both can be amended and revoked. The differences between both are what sets them apart: A Last Will and Testament, appoints an Executor who [...]
Posted in Beneficiary Designations, charlotte north carolina living trusts, charlotte north carolina trust, Estate Planning, executing living trust, executing revocable living trust, executing trusts, Executor Responsibilities, Last Will and Testament, Probate Process, trusts
Tags: charlotte estate planning attorney, charlotte last will and testament, charlotte nc estate planning, charlotte NC estate planning attorney, charlotte NC last will and testament, charlotte NC revocable living trust, charlotte north carolina estate planning, charlotte north carolina last will and testament, charlotte north carolina revocable living trust, estate attorney charlotte, estate attorney north carolina, Estate Planning, Executor, Gaston County Probate, Last Will and Testament, mecklenburg county probate, NC revocable living trust, north carolina estate planning, north carolina Revocable Living Trust, Probate, revocable living trust, sabrina winters, sabrina winters attorney at law, trust, trustee, trusts, union county probate, wills
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October 18, 2010
By Sabrina Winters
I gave a presentation to a 55 and older community in Cary, North Carolina this weekend. I have always said that there are different estate planning objectives at each stage in life. I don’t only say that because of my many years of experience in this area, but it is also confirmed by the types [...]
Posted in Estate Planning, Guardianship, Last Will and Testament, Retirement Accounts, trusts
Tags: 401K, 55 and older, charlotte estate planning, charlotte nc estate planning, charlotte NC wills, charlotte north carolina estate planning, charlotte north carolina wills, charlotte wills, Estate Planning, estate planning attorney, estate planning attorney charlotte NC, estate planning attorney charlotte north carolina, estate planning for retirement, IRA, poor estate planning, sabrina winters
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October 4, 2010
By Sabrina Winters
Who needs a Last Will and Testament? The answer is everyone needs a written estate plan. Whether you need a Last Will and Testament or a Revocable Living Trust depends on your circumstances and your personal situation.
Posted in charlotte north carolina living trusts, charlotte north carolina trust, Estate Planning, Last Will and Testament, trusts
Tags: ballantyne estate planning, ballantyne north carolina estate planning, charlotte nc estate planning, charlotte north carolina estate planning, charlotte wills, Estate Planning, Last Will and Testament, nc estate planning, north carolina estate planning, north carolina last will and testaments, north carolina wills, revocable living trust, sabrina winters, sabrina winters attorney at law, wills
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September 9, 2010
By Sabrina Winters
One of the reasons why people choose to create a Revocable Living Trust versus a Last Will and Testament is because (if done properly) a Revocable Living Trust will avoid probate. The way a Revocable Living Trust avoids probate is by transferring certain assets into the Trust and retitling the owner as the name of [...]
Posted in Last Will and Testament, Probate Process, trusts
Tags: Estate Planning, funding a trust, Last Will and Testament, north carolina entireties property, north carolina estate planning, north carolina last will and testament, North Carolina Probate, north carolina probate of real property, North Carolina probate process, north carolina Revocable Living Trust, north carolina revocable living trusts, north carolina trust, north carolina trusts, Probate, revocable living trust, revocable trust
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August 16, 2010
By Sabrina Winters
Not every asset is handled in the same way when transferring it (also known as “funding the trust”) into the Revocable Living Trust. As a matter of fact, there are certain types of assets that if transferred into the Revocable Living Trust will cause significant tax consequences. A common manner in naming a Revocable Living [...]
Posted in Estate Planning, Estate Taxes, Retirement Accounts, trusts
Tags: funding a trust, IRA, life insurance, north carolina estate planning, north carolina estate planning attonrey, real property, revocable living trust, revocable trust, trust, trusts
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August 9, 2010
By Sabrina Winters
One of the more common comments I hear as to why clients have procrastinated calling an attorney to assist them with estate planning is that they were concerned that they had to do too much preparing for the meeting. There really isn’t much you have to do, especially when you work with our Firm. When [...]
July 28, 2010
By Sabrina Winters
For those of you who still aren’t convinced that avoiding Probate should be a priority, here is a link (http://tinyurl.com/probatefees) to the list of fees that the North Carolina Probate Court charges for various documents, filings and actions in a probate matter. By they way, some were just raised…again. When calculating fees, don’t forget to [...]
July 5, 2010
By Sabrina Winters
You get married or divorced Your spouse dies or becomes incapacitated You have a new grandchild Your child marries or divorces Your child becomes ill or disabled One of your beneficiaries proves to be financially irresponsible You retire from your business or profession You acquire property in or move to a different state The value [...]
July 1, 2010
By Sabrina Winters
Have you checked your beneficiary designation for your retirement account recently? If not, you may find that your designated beneficiary is not who or what you think it should be, especially if you have divorced, remarried or had children since your retirement plan account was established. 1. Outdated Beneficiary Designations There have been numerous cases [...]
