Picture this: a retired nurse in Winston-Salem signs a Lady Bird Deed on a Tuesday afternoon, files it at the register of deeds, and goes to bed feeling like she finally has her affairs in order. The house is protected. The kids won’t have to go through probate. Medicaid won’t […]
Since 2021, college athletes have been allowed to profit from their name, image, and likeness. Known as NIL income, these sponsorships, endorsements, and social media deals can turn a teenager’s reputation into a small business overnight. In North Carolina, this new reality presents unique risks, as every school sets its […]
Why NC Estate Planning Matters Once Your Child Turns 18 When a child turns eighteen, parents often celebrate their first step into adulthood. But legally, this milestone changes everything. Once a person becomes an adult, parents lose the automatic right to make medical, financial, or educational decisions for them. Hospitals, […]
Life insurance is often thought of as simple protection for a family. But for high-net-worth families in North Carolina, it can create a hidden tax problem. Under federal law, if the insured owns the policy, the full payout may be pulled into their estate and taxed, even if the family […]
Learn how charitable trusts let you give while living, reduce estate taxes, generate income, and protect your family’s legacy starting today.