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Tax planning is an essential aspect of financial management for senior citizens, as it can significantly impact their quality of life in retirement. Here are some key points to consider from an elder law perspective: Retirement Income: Evaluate different sources of retirement income, such as Social Security benefits, pensions, and retirement accounts, and understand how…

Elder law encompasses a range of legal services and support for seniors, individuals with special needs and their families. At the Trusts and Estates Law Group, we understand the complexities that come with aging, disabilities, and the need for comprehensive estate planning. Let’s explore the multifaceted role of an Elder Law Attorney in the realm…

The Corporate Transparency Act (CTA) is a new federal law that is likely to affect the vast majority of small businesses in America. The CTA will require these businesses to report information regarding their current owners and managers, and will also require these businesses to file updates when there are changes in ownership or management.…

The Social Security system is a vast network that provides support to millions of Americans. In North Carolina, these benefits play a crucial role in the financial health of our senior community. But what exactly are Social Security benefits, and how do they fit into the picture of Elder Law? At the Trusts and Estates…

Navigating the well-being of a loved one, especially when they might not be capable of making decisions for themselves, can be a daunting task. Guardianship often emerges as a solution in such situations, but it’s a decision not to be taken lightly. Before committing to this legal pathway in North Carolina, it’s essential to be…

Are you a veteran residing in North Carolina or a family member of a veteran? If yes, it’s essential to be informed about the Veterans Benefits available to you or your loved one. These benefits are specially designed to assist in the golden years, covering various aspects including health care and financial stability. At the…

Elder abuse is a grave issue that comes in many forms including physical, emotional, sexual abuse, and most often, financial exploitation. It happens in various settings such as homes, healthcare facilities, and communities in North Carolina. It is crucial to recognize the signs of elder abuse, which can range from unexplained injuries to sudden changes…

Family dinners, holiday gatherings, and weekend outings—what happens when these joyful occasions get overshadowed by conflicts over the family business? When your personal and professional lives are deeply intertwined, disputes can spill over into both realms, making Sunday dinners as tense as board meetings. In the worst cases, these disputes can carry over into estate…

Inheritance issues are often sensitive and emotionally charged. But when you suspect that an inheritance has been wrongfully depleted or mismanaged, the emotional toll can be even higher. We at the Trusts and Estates Law Group understand how crucial it is to address these concerns promptly and effectively.   What Constitutes a Wrongfully Depleted Inheritance…

Owning property jointly is a common practice in North Carolina. When two or more individuals have ownership rights to a particular property, they possess it ‘jointly.’ But what does this mean for the owners? At its core, joint ownership means all parties share equal rights to the entire property. However, when one party wants to…