Being an estate planning geek, I sometimes troll about online to see what people are talking about. Some things are predictable (Should I have a living trust or a will), others are rare (Can I leave the house to the cat?). From the rare column: Estate Planning and Bitcoin.Of course, bitcoin is an asset and […]
NC Case Law: Davis v Davis and Restraints on Alienation: -or- Can Mom Rent the House? (NC COA16-400, 11/01/2016) In Davis v Davis, the Court recently invalidated a deed provision that attempted to restrict the owner’s ability to rent a house, again affirming North Carolina’s commitment to the idea that owning real estate means you […]
NC Case Law: Security National v Rice and Non-Compete Covenants: -or- Do I Have to Wait? (NC COA16-215, 11/15/2016) The court here said, among other things, that it was not unreasonable for a Fayetteville full service salon to hold an employee-nail technician who later became a hairdresser and opened her own place to a two-year […]
NC Case Law: Utley v Smith and Premises Liability: -or- The Danger of Collard Greens and Ice. (NC COA16-463, 12/6/2016) After asking for and receiving directions to the collard greens, Utley tripped over some tomato crates that were staked in an aisle in the outdoor garden area of a Wake County hardware store, tomato crates […]
Headline: In PLR 201628004 (July 8, 2016), the IRS ruled that a state court order changing a decedent’s IRA beneficiary after the decedent’s death (to cure a mistake) did not create a designated beneficiary under Code Section 401(a)(9). Yikes…that sounds boring even to me. Yawn-o-rama. But most of us have retirement accounts. And if you […]
One of the more frequent estate planning conversations we hear centers upon the transfer of real estate from a person to his-or-her heirs (usually children). This is the fifth and final post in a series of posts reviewing some general information on doing that. As we are typically talking about “the house”, this post will […]
One of the more frequent estate planning conversations we hear centers upon the transfer of real estate from a person to his-or-her heirs (usually children). This is the fourth in a series of posts reviewing some general information on doing that. As we are typically talking about “the house”, this post will refer to “your […]
One of the more frequent estate planning conversations we hear centers upon the transfer of real estate from a person to his-or-her heirs (usually children). This is the third in a series of posts reviewing some general information on doing that. As we are typically talking about “the house”, this post will refer to “your […]
This is the second of about four blog posts that addresses ways to transfer ownership of real estate to your children. This is one of the more frequent estate planning conversations we engage in. There is a lot of bad information out there on the topic. These posts form a brief primer of the current […]
One of the more frequent estate planning conversations we hear centers upon the transfer of real estate from a person to his-or-her heirs (usually children). There is a lot of bad information out there on the topic. So this is the first of about four blog posts that will address this issue. Together, they form […]