An Irrevocable Life Insurance Trust, or “ILIT” is an irrevocable trust that own life insurance. Historically, Americans have used ILITs as a vehicle to make gifts to beneficiaries…
When I tell some of my clients they should consider Crummey Trusts for their beneficiaries, there is typically an awkward pause. “Why would I want to create a…
Both Lady Bird Deeds and Texas Transfer on Death Deeds are essentially beneficiary designations for your real estate. Lady Bird Deeds are a product of common law, whereas Transfer…
Beware. Con artists are using fears and uncertainty surrounding the COVID-19 pandemic to commit fraud. According to the Federal Trade Commission (“FTC”), Americans have filed more than 200,000…
Many years ago, I wrote an article called: What What You Do If You Had 46 Days to Live? It referenced an article about a man named Rob Jaffe,…
I have some exciting news to share: Last month, I was sworn in as a member of the North Carolina Bar! That means that in addition to…
Her mother signed a typewritten Will six months before she died. The Will had the correct formatting and included all the appropriate sections. It clearly identified all her…
My daughter graduated from high school a few weeks ago in an unusual ceremony. Our family drove up to the school building, exited our car, entered the…