I recently started watching The Pitt, a new medical drama now streaming on Max. The second episode of the series had a storyline that illustrated the importance…
Yes, Texas law allows a convicted felon to serve as an executor if certain conditions are met. In the past, Texas law disqualified anyone with a felony conviction…
A spendthrift trust is a powerful estate planning tool that can help safeguard inheritances for beneficiaries who may be prone to poor financial decisions. Whether due to immaturity,…
The Corporate Transparency Act (CTA), enacted in 2021, was designed to combat money laundering and other illicit financial activities by requiring increased transparency in business ownership. It obligated…
Retirement accounts often make up a substantial portion of an individual’s estate and warrant thoughtful planning. Naming a trust as the beneficiary of these accounts can offer important…
Financial fraud targeting seniors is a growing crisis, costing older Americans over $3 billion annually. Scammers target older adults because they often have significant savings, retirement funds, or…
What is an Executor? An executor, sometimes called a”personal representative,” is a person or entity a testator appoints in a Will…
When a person dies without a valid will, their estate is distributed according to North Carolina intestacy laws. Below are answers to frequently…