Beaufort Estate Planning News

retirement accounts divorce

Are Retirement Accounts Considered Joint Property In A Divorce?

March 2, 2022

Going through a divorce is an emotionally draining process. Nobody ever wants to think that their marriage will end one day, which is why most people are never prepared when it happens to them. After all, you are parting ways with the love of your life – someone you’ve shared your life moments with for…

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What Is A “Dependent Spouse” In North Carolina?

February 14, 2022

In North Carolina, spousal support is used to describe the different types of alimony that a spouse needs to pay to the other spouse when a marriage ends. However, for a spouse to receive this support, the court must first determine whether they are a “dependent spouse” as defined by the state’s laws.  What Exactly…

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In North Carolina, Who Pays The Attorney’s Fees In A Divorce?

January 21, 2022

Attorney fees can be a contentious issue in any divorce case. In most civil cases in North Carolina, the parties are required to pay their individual attorneys out of pocket in the absence of an agreement to do otherwise. However, with family law cases, North Carolina statutes provide a legal basis for one party to…

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estate planning after divorce

Estate Planning Items To Consider After A Divorce

January 5, 2022

Considering filing for a divorce is a difficult decision, and the entire process can weigh on you physically, mentally, and emotionally. Divorcing couples deal with multiple challenges and life-changing decisions like property division and child custody.  During the divorce proceedings, all marital assets are valued as of the date of separation and typically divided equally.…

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diy estate planning

The Many Risks Of DIY Estate Planning

December 14, 2021

We live in an era that is rich in information. Are you trying to figure out how to do something? Just look it up on the internet, and odds are you’ll find something online with instructions on how to accomplish it.  Although you may find out how to fix something with your car or house…

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checklist

The Ultimate Estate Planning Checklist

December 1, 2021

Estate planning can be an uncomfortable subject for some people. However, you must have a plan in place to protect your family when you die. You might believe that you’re young, or you don’t have many assets. Even if any of these are true, it’s critical to handle your estate planning and work with someone…

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advance directives beaufort

What Is An Advance Medical Directive?

November 8, 2021

Health care decisions are a very personal thing for most people, and the ability to make those decisions on our own is important. Although the aim is to be able to do that throughout our lives, the unfortunate truth is that a lot of us will encounter a situation in life where we are incapacitated…

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What Happens If You Die Without A Will In North Carolina?

November 5, 2021

A very common question we see from estate planning inquiries is: What happens if I die without a will in North Carolina? Dying without a will is called dying “intestate”. When someone dies intestate in North Carolina, state law determines what happens to their possessions. In this article, we’ll dive into how state law handles…

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need a will

Do I Need A Will?

October 25, 2021

With everything going on in the world, more people than ever are making sure that their families and legacies would be supported if they were to pass away. There are major decisions made during the estate planning process, and it’s important to be able to go through the process without being rushed.  Regardless of the…

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