Estate Planning Basics

Learn the essentials around planning and protecting the future for your family and loved ones.

Using a survivorship deed

If you want to avoid the probate process, consider using a survivorship deed. Is this estate planning tool right for you?

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Who's the next of kin in case of inheritance?

The 'next of kin' concept isn't complicated, but it does vary by state and also determines who inherits if you die without a will.

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What is a durable power of attorney?

When power of attorney is made durable, it remains intact if you cannot make decisions for yourself.

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What changes should you make to your estate plan during the coronavirus pandemic?

As the death toll from coronavirus continues to rise around the world, many people have drafted or revised their estate plans, as a safety precaution…

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Why you should consider creating a testamentary trust

Testamentary trusts are common estate planning tools for those with minor children. Find out whether this type of trust is right for your situation…

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Using an intentionally defective grantor trust to protect your assets

An intentionally defective grantor trust (IDGT) is an estate planning tool that can help preserve your assets for your beneficiaries. Get the details…

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Power of attorney requirements in North Carolina

Let's go over North Carolina's requirements for granting Power of Attorney.

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Getting and using letters testamentary

If you're acting as the executor of an estate, you must first obtain an important document known as letters testamentary. While doing so is not an…

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Creating a grantor trust

In certain situations, creating a grantor trust can be an invaluable aid for estate planning purposes. Find out how to create a grantor trust and…

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Buying and selling probate property

Probate property sold to settle an estate can be a great opportunity to buy real estate at an attractive price. Find out how and when probate…

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