Many people worry about how their loved ones will be able to make ends meet when they pass away. They do not want to see their assets tied up in a lengthy probate process. Some decide to take steps to directly pass on property or money to a loved one after death...
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Firm News
What is due diligence when it comes to commercial real estate?
Due diligence often refers to anyone's earnest investigations, but in regards to real estate, it exists as a step of negotiation and sales. The phrase "buyer beware" may elicit images of consumer goods and broken products, but that adage also matters when purchasing...
Closing statement fundamentals for homebuyers
When you buy a home, you must budget for closing costs that are not included in the purchase price. The North Carolina Real Estate Commission explains that buyers and sellers will review a closing/settlement statement. This statement will set out the funds paid and...
What home buyers should know about disclosures
If you are buying a home for the first time, you may not be aware of the legal issues associated with a real estate purchase. For example, did you know that North Carolina law requires sellers to disclose certain things about the property? Understand what the state...
The immediate benefits of creating an estate plan
Many people realize that from a long-term point of view, estate plans are crucial. Not only do they help ensure that assets are managed properly following one's death, but they also decrease friction within a family and reduce the likelihood of an estate-related...
How is speeding in inclement weather reckless driving?
Every driver knows the basic traffic laws. You follow the speed limits and traffic signs. When driving in hazardous conditions, you not only have to pay attention to the posted speed limit signs, but you also need to consider the conditions. The road may have a speed...
How often should you review your estate plan?
When it comes to creating an estate plan, many people recognize the importance of taking the right approach and preparing for the end of life. However, it is also very important for you to review your estate plan periodically and make changes when necessary. Failure...
The difference between reckless driving and aggressive driving
Drivers in North Carolina may get confused over the difference between reckless driving and aggressive driving. Both are criminal offenses that involve intentionally operating a motor vehicle without regard for the safety of others, and both can incur misdemeanor...
What estate planning documents do you need?
While most people do not want to think about their death, it is important to plan. If something were to happen to you, what would happen to your loved ones? What would happen to your assets? When you decide that you need an estate plan, Forbes warns that you do not...
How do you pick an estate executor?
North Carolina residents like you spend a lot of time and effort on your estate plan. It is important to have a good executor to carry it out. But how do you select an executor? What traits make a good one? Today, we will take a look at this question. We will discuss...
