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Your Financial Advisors Should be Part of the Estate Planning Process

Your Financial Advisors Should be Part of the Estate Planning Process

by Durham Law Firm | Aug 28, 2019 | Estate Planning

If you are a financial advisor, you may believe that estate planning is best handled by attorneys. While an attorney is necessary to draft legal documents, it is also beneficial for financial advisors to be part of the estate planning conversation. For any individual...
Parents: 4 Actions College Students Should Take for Estate Planning

Parents: 4 Actions College Students Should Take for Estate Planning

by Durham Law Firm | Aug 14, 2019 | Estate Planning

If you are the parent of a college-bound child, these last few weeks have probably been a little hectic preparing for classes to start back. As much preparing as you have done though, you may still be concerned about your child’s safety while they are away. One thing...
Probate Issues with Filing Inventory and Annual Accounts and How to Fix Them

Probate Issues with Filing Inventory and Annual Accounts and How to Fix Them

by Durham Law Firm | Jul 30, 2019 | Estate Administration

Estate executors are responsible for filing an estate inventory as well as annual accounts with the Court. Sometimes, it may take several attempts to get the filings approved. In cases where the filings continuously get rejected, the executor may end up being held in...
The SECURE Act Could Impact Your IRAs Taxation

The SECURE Act Could Impact Your IRAs Taxation

by Durham Law Firm | Jul 26, 2019 | Estate Planning

In May, the United States House of Representatives passed the “Setting Every Community Up for Retirement Enhancement Act”, otherwise known as the SECURE Act, with an overwhelming majority vote of 417-3. The bill is currently in the Senate, and if the President should...
Bank Account Beneficiary Rules for Estate Planning

Bank Account Beneficiary Rules for Estate Planning

by Durham Law Firm | Jun 19, 2019 | Estate Planning

It is incredibly common for people to own a bank account of some type at their death. The ways in which bank accounts are distributed or transferred after a death depends on what type of account it is. There are several different types of accounts and some may not...
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