Tag Archives: real property

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 [...]

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Is residency a requirement to a valid North Carolina Last Will and Testament?

By Sabrina Winters

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 [...]

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