Are You Prepared if the Worst Happens? Imagine this: a successful doctor, dedicated to their patients and respected in their field, loses their entire retirement fund overnight. One malpractice lawsuit, and the wealth they’ve spent decades building disappears, leaving them scrambling to protect what’s left. For doctors in North Carolina, […]
Did you know that improper beneficiary designations can cause your loved ones to face lengthy and costly probate proceedings in North Carolina? Many people overlook this crucial aspect of estate planning, leading to unexpected complications. In this article, we’ll explore how beneficiary designations affect probate in North Carolina. We will […]
Navigating the aftermath of a loved one’s death can be daunting, especially when it involves legal processes like probate. Many North Carolinians wonder whether having a will allows them to skip probate. This article demystifies probate and discusses the influence of a will. Here, we will also discuss how the […]
In the estate planning world, the living trust has been all the rage for some time. Unfortunately, it often does not live up to the hype. Pushers of the living trust cite its ability to avoid probate—the court-supervised procedure for administering a deceased person’s assets. They claim probate is expensive […]