By Donald Fuller | Published September 28, 2025 | Posted in Estate Planning | Tagged Tags: estate planning, heirs’ property, title issues |
Throughout North Carolina, there are farms and other types of real estate parcels that have been passed down through families for generations. While owning the land of your ancestors can be very satisfying, you could experience serious legal complications if title was not formally transferred. Under state law, heirs’ property refers to land that is Read More
Read MoreNearly everyone who creates an estate plan does so to benefit their family members. This can be much more complicated than it sounds. Even in families where parents are married and only have children with each other, there can be serious conflicts about how assets are distributed upon one’s death. In blended families, where a Read More
Read MoreAs a wide range of policy objectives were included in what was called “One Big Beautiful Bill,” it can be easy to overlook some of its specific provisions. When President Trump signed the legislation on July 4, one of the results was that a drastic change in estate taxation was averted. The federal government exempts Read More
Read MoreHigh-earning spouses sometimes seek ways to reduce or eliminate estate-tax exposure while ensuring that their partner has access to the wealth they’ve accumulated. There are various methods of protecting one’s husband or wife in this way, and a qualified estate planning attorney can find what works best for your situation. For example, a Spousal Lifetime Read More
Read MoreThere has been a great deal of speculation regarding the scheduled expiration of the increased federal estate and gift tax exemption. Introduced as part of the Tax Cuts and Jobs Act of 2017, the exemption was doubled for a period ending on December 31, 2025. While some people believe that Congress may extend the current Read More
Read MoreWhen two-time Academy Award winner Gene Hackman and his wife of 30 years, Betsy Arakawa, were found dead in their New Mexico home, it took several weeks to determine what had happened. Now that an investigation has revealed the sequence of events, it appears that nothing in Hackman’s estate plan provides instructions on how his Read More
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