by Tran Law Firm | Dec 3, 2016 | Estate Planning, Family Law, North Carolina, Real Estate, Wills & Trusts
What is Portability? Portability is the use of a deceased spouse’s Estate tax exclusion amount by the surviving spouse. You may be wondering, “what is an estate tax and why should you care about the Estate tax exclusion amount?” An estate tax is a type of tax that is...
by Tran Law Firm | Jun 13, 2016 | Estate Planning, North Carolina, Wills & Trusts
If you are a pet owner, you know that your beloved companion is more than a pet, they are family. Have you ever thought of what will happen to your pet if something were to happen to you? What is a Pet Trust? When you begin the estate planning process, you may want to...
by Tran Law Firm | Nov 3, 2014 | Estate Planning, North Carolina, Real Estate
[In Part 1, we discussed the importance of having a Healthcare Power of Attorney and a Durable Power of Attorney as part of the your Estate Plan. Today, we discuss two other essential estate planning documents – the Living Will and the Will.] Living Will...
by Tran Law Firm | Oct 28, 2014 | Estate Planning, North Carolina, Real Estate
Often throughout life unexpected circumstances may arise that we have no control over, but we do have control of the way we plan and prepare ourselves for those circumstances. We often do not like to think about the inevitability of death or a potential for...