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What is a Power of Attorney and when do you need one?

What is a Power of Attorney and when do you need one?

by Jason Senges | Apr 20, 2021 | Estate Planning and Administration

  “Power of Attorney” is a term many people universally use to describe what are actually different documents and, more importantly, different powers. The main documents people refer to are a Health Care Power of Attorney and a Durable Power of...
The Importance Of A Will For Real Property

The Importance Of A Will For Real Property

by Jason Senges | Mar 30, 2021 | Estate Planning and Administration

  In North Carolina, Real Property moves “outside of probate” meaning it is not part of the probate estate unless it must be brought into the probate estate in order to satisfy debts of the estate. This may seem like a reason to not worry about a will...
The #1 Pitfall of Avoiding Probate and How to Fix it

The #1 Pitfall of Avoiding Probate and How to Fix it

by Jason Senges | Feb 3, 2021 | Estate Planning and Administration

  Many people view probate as a long laborious and unnecessary process. Because of the reputation of the probate process individuals employ different techniques to create an estate without probatable assets. The main estate planning tool used to avoid probate is...
Portability of Estate Tax Exemption

Portability of Estate Tax Exemption

by Jason Senges | Dec 14, 2020 | Estate Planning and Administration

  Tax portability is a helpful tax benefit that should be considered when crafting your estate plan. The option of portability can make a significant difference when it comes to taxation of an estate. Two important aspects to remember are that the portability...
Thirteen Estate Planning Terms You Need to Know

Thirteen Estate Planning Terms You Need to Know

by Jason Senges | Nov 12, 2020 | Estate Planning and Administration

Estate planning—it is an incredibly important tool, not just for the uber-wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do. Estate planning can help you accomplish any number of goals, including appointing...
How to Own Your Real Estate

How to Own Your Real Estate

by Jason Senges | Oct 22, 2020 | Estate Planning and Administration

  Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a look at the different types of...
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