by Durham Law Firm | Aug 4, 2014 | Estate Administration, Estate Planning
Reasons to Avoid Probate Probate is the process of administering the estate of a deceased person, which means making filings with the court, paying creditors, and transferring property to the heirs or beneficiaries (the people named in the Will or under state law if...
by Durham Law Firm | Jul 30, 2014 | Estate Planning
In our Durham office, we regularly consult with clients about their estate planning needs. One of the more morbid things we discuss is the Advance Directive for a Natural Death, or Living Will, but it is a critical estate planning tool for most of our clients. With...
by Durham Law Firm | Jul 29, 2014 | Estate Planning
The most common estate plan we handle in our office for our Raleigh estate planning clients consists of: (1) Last Will and Testament, (2) Health Care Power of Attorney, (3) Living Will, and (4) Durable General Power of Attorney. If it is appropriate, we also will...
by Durham Law Firm | Jul 25, 2014 | Estate Administration
The “executor” is the person you pick in your Will to manage your affairs after you are deceased. They are responsible for opening the estate, collecting all property into the estate, paying creditors, making important decisions, and ultimately distributing what is...
by Durham Law Firm | Jul 21, 2014 | Estate Planning
How to Start a Will How should you start a will? With an exordium: “Exordium” is the beginning or introductory part of a speech or documents. In a Will, the exordium is the part most people have heard at some point on TV or elsewhere. An example: “I, John...
by Durham Law Firm | Jul 18, 2014 | Estate Administration, Estate Planning
Do Young People Need an Estate Plan in Raleigh/Durham/Morrisville, North Carolina? A commonly held myth is that if you die without a Will in North Carolina, there’s a good chance that the right people will still end up with your stuff, or better yet, if you leave a...
by Durham Law Firm | Jul 15, 2014 | Estate Planning
Estate Planning in Raleigh, Durham, and Morrisville – Health Care Power of Attorney Most of the time, if you’re in the hospital or at the doctor’s office, you can make decisions about whether you want a particular procedure, whether you want to be admitted to a...
by Durham Law Firm | Jul 14, 2014 | Estate Planning
Getting a Will Done Why is it so important to get a Will done in North Carolina? Here are a few reasons: 1. If you don’t make your wishes clear, your loved ones may fight about it. The old adage that blood is thicker than water is accurate. However, you will find...
by Durham Law Firm | Jul 4, 2014 | Unemployment
“If you bring up unemployment benefits to most people in North Carolina, you might get some less than favorable reactions.” This article outlines some of the changes brought about by the new administration and the progress they are making towards the goal...
by Durham Law Firm | Jul 3, 2014 | Estate Planning
Below is the fourth in our multi-part series on the North Carolina Power of Attorney, which is part of a larger series on essential NC Estate Planning tools. A North Carolina Power of Attorney in often used in connection with a real estate transaction. The North...
