by Durham Law Firm | Feb 3, 2022 | Estate Planning
You might believe that a will is only for the rich and famous and not the average person with a far smaller net worth. Or perhaps you're under the impression that a will is entirely unnecessary if you have a trust, jointly owned property, or named beneficiaries on...
by Durham Law Firm | Jan 27, 2022 | Estate Planning
If you’ve drawn up a trust agreement with your attorney, you have plans in place for your long-term goals. Still, many individuals make a mistake that sends their assets and loved ones right into the court system. They fail to fund their trust. Let’s look at the top...
by Durham Law Firm | Jan 21, 2022 | Estate Planning
A trust is a fiduciary relationship where you (the trustor) give someone you appoint (the trustee) the right to hold title to your property or assets for a beneficiary’s benefit. In other words, trust documents lay out rules for a trustee’s distribution of assets to...
by Durham Law Firm | Jan 6, 2022 | Estate Planning
If you’ve been putting off making an estate plan, including a will or trust, now is the time. It is crucial to stay prepared and easy to get started writing a will. Procrastinating about your future is a risky endeavor. Understanding why you need a will is the first...
by Durham Law Firm | Dec 23, 2021 | Business
Many business owners ask, “Can I pay myself as an employee if I am a business owner? The answer is that you can pay yourself as a business owner, but it’s not always a “salary.” There are two main methods owners use to pay themselves. Considering which is better for...
