by Durham Law Firm | Oct 23, 2020 | Probate
After probate for an estate has closed, there are no legal definitives for if someone wants to reopen probate to sue. Probate lasts for several months to several years because it is the Personal Representative’s job to uncover all assets, all creditors, and all...
by Durham Law Firm | Oct 9, 2020 | Estate Planning
The 5 Year look back is a policy used to determine Medicaid eligibility. Learn how to keep your standard of living and avoid “spending down” your retirement savings to qualify for Medicaid. If long term care or high medical bills are in your future, the time to start...
by Durham Law Firm | Feb 14, 2020 | Estate Planning
Often, without proper planning, children under 18 years of age become the recipients of cash, life insurance benefits, stock, or other inheritance. How do we properly and legally distribute the property to a minor? There are a number of different laws that might be...
by HWH Updates | Jan 10, 2018 | Estate Planning
Accumulating wealth and protecting wealth are two very different things. Research shows that it takes just two generations for a family to lose 70% of its net worth. By the third generation – it hits 90%. Protecting the inheritance of future generations requires...
by Durham Law Firm | Nov 15, 2016 | Estate Administration
If you’ve inherited items that you don’t want, one of the first important realizations that you can make is that you don’t need items to remember a person. A person is not defined by the things that they own. They’re defined by their personality, their actions, and...