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The Toils of Heirs Property and Agriculture in North Carolina

The farmland of North Carolina cradles not only agricultural abundance but also a significant legal challenge: heirs property (also commonly known as "heirs' property" or "heir property"). This designation arises when land...more

Estate Tax Panning for Married Couples: Using Estate Tax Exemptions

A primary goal of most married couples when contemplating basic estate planning documents is to ensure that the surviving spouse, and commonly, the couple's children and grandchildren, are supported financially. Permissible...more

Estate Planning With Limited Liability Companies: Transfers of Business Interests as a Planning Opportunity

Limited liability companies ("LLCs") are used regularly in estate planning to achieve estate tax savings and to consolidate asset management.  The first of these objectives can be realized when a business entity is...more

Estate Planning Considerations That Apply to Nearly Everyone

Our attorneys field questions every day about the nuanced estate planning issues that arise due to a client's unique circumstances, but there also are many fundamental estate planning considerations that apply "across the...more

Make Estate Planning a Point of Focus in 2022

Even if your 2022 New Year's resolutions have long since gone by the wayside, as most have, now can and should be a time of renewed focus on family and self-betterment.  In the midst of economic uncertainty, geopolitical...more

Temporary Relief for NC Taxpayers Under New COVID-19 Legislation

Members of the North Carolina General Assembly made good use of their time leading up to the short session that began on April 28, with each chamber filing a COVID-19 relief bill within twenty-four hours of reconvening....more

Estate Planning Resolutions for 2020

The holiday season has come and gone, and it's hard to believe that we are on the brink of a new year and decade.  For many of us, the start of a new year can be a time of empty commitment to self-betterment....more

Lifetime Transfers of Family Business Interests: An Estate Tax Planning Opportunity in Uncertain Political Times

When a family business owner's goal is to ultimately pass ownership of the business on to the next generation, business succession planning and the owner's estate planning are inextricably linked. The most difficult issues...more

Estate Planning Resolutions for 2019

The holiday season soon will have come and gone. For many of us, the start of a new year can be a time of empty commitment to self-improvement. Meaningful resolutions are often made but are rarely kept. Instead of...more

Estate Planning Resolutions for 2018

Another holiday season will have come and gone before we know it. For many, the start of 2018 will be a time of empty commitment to self-improvement because meaningful New Year's resolutions are frequently made but rarely...more

Estate Planning Resolutions for the New Year

For many of us, the start of a new year can be a time of empty commitment to self-improvement. Meaningful resolutions are infrequently made and rarely kept. Instead of purchasing a gym membership or pretending that we will...more

12/21/2016  /  Estate Planning , Estate Tax , Gift Tax
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