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Ancillary and Domiciliary Estates in North Carolina

Ancillary and Domiciliary Estates in North Carolina

by Durham Law Firm | Dec 17, 2019 | Estate Planning, HH Updates

Many people own property and owe debts in more than one state. When a person who owns property in more than one state passes away, two different probate proceedings are necessary: a domiciliary proceeding and an ancillary proceeding. A domiciliary proceeding is the...
Estate Planning Changes When There is a Life-Changing Event

Estate Planning Changes When There is a Life-Changing Event

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

The Importance of Having the Original Will Document

The Importance of Having the Original Will Document

by Durham Law Firm | Sep 18, 2019 | Estate Planning

When someone passes away and a client seeks our help in handling the final affairs of their loved one, one of the first questions we ask is whether the deceased person had a Will.  So often, the answer is yes, and then the client shows us the Will. A lot of the time...
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...
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...
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