On Behalf of Connors Morgan, PLLC | Apr 9, 2020 | estate planning and administration
Families where at least one parent was previously married can offer unique challenges when creating or updating an estate plan. Not only can financial issues become more sophisticated, but there may also be challenges in determining how to divide assets that have a...
On Behalf of Connors Morgan, PLLC | Feb 26, 2020 | estate planning and administration
As you know, probate – or “estate administration,” as it is called in North Carolina – is the process for legally transferring a deceased person’s property and assets to their heirs and beneficiaries. Generally, the court authorizes a personal representative of the...
On Behalf of Connors Morgan, PLLC | Feb 19, 2020 | estate planning and administration
When a loved one has a disability that keeps them from working, they may need to rely on Supplemental Security Income (SSI), Medicaid, housing assistance or other programs in order to survive. Unfortunately, the eligibility requirements for these programs are strict,...
On Behalf of Connors Morgan, PLLC | Feb 12, 2020 | estate planning and administration
According to the Teachers Insurance and Annuity Association of America, 68% of American households contain a pet. Yet, very few pet owners account for their furry friends in their estate plans. If you own a pet, TIAA warns against making this mistake. If you fail to...
On Behalf of Connors Morgan, PLLC | Jan 15, 2020 | estate planning and administration
North Carolina residents often strive to have an estate plan in place. If you already have one, you will also want to update it. This allows you to present the most recent picture of your life accurately. But when should you update it? Forbes examines a few different...
On Behalf of Connors Morgan, PLLC | Dec 16, 2019 | estate planning and administration
For many families, their home holds great financial and sentimental value. This extends to other property within the family – secondary homes, vacation homes and more. As you are preparing your estate plan, you need to specially consider real estate when passing your...
On Behalf of Connors Morgan, PLLC | Dec 2, 2019 | estate planning and administration
Americans are living longer than ever in North Carolina, which is a gift of modern medical science. In fact, the elderly population is increasing right here in our beautiful state as many people are electing to retire here. While there are many things to celebrate...
by Jennifer C. Noble | Oct 10, 2019 | estate planning and administration
When people decide to set up an estate plan, they have many options, from creating a will to deciding which type of trust will be the most beneficial for their loved ones. Families who have loved ones with special needs often consider using a special or supplemental...
On Behalf of Connors Morgan, PLLC | Jul 25, 2019 | estate planning and administration
Drafting an estate plan in North Carolina may include the creation of a trust to help distribute your assets after your death. Understanding how trusts operate may help you decide which type works best for you. The staff at Connors Morgan, PLLC strives to provide all...
On Behalf of Connors Morgan, PLLC | Jul 24, 2019 | estate planning and administration
Like others in North Carolina, you may think of estate planning as only a matter for older adults. However, unexpected injuries or illnesses may occur, leaving you unable to speak for yourself. Through advance directives such as living wills and health care powers of...