A Charitable Remainder Trust (CRT) is an irrevocable, tax-exempt trust with two parts: 1) the income interest, and 2) the remainder interest. The income interest is the income paid to designated beneficiaries for their lifetime or a term of years. The remainder interest is the money remaining in the CRT when the trust terminates, and […]
My name is Thomas Jeter and I am an estate planning attorney here is Charlotte, NC. My partner Pete Nosal and I assist clients with Wills, Trusts, & Estates in both North Carolina and South Carolina from our offices in Cornelius, NC and Fort Mill, SC. We put this list together after many cases and personal experiences […]
Irrevocable trusts are not to be treated lightly and you should proceed with careful planning assisted by a North or South Carolina Trust attorney when contemplating transferring assets into an irrevocable trust. The main feature of an irrevocable trust is a trust that you, as the “Settlor,” cannot change or revoke, which why these trusts are commonly called “irrevocable.” On […]
Nosal & Jeter, LLP’s primary office location is conveniently located at 852 Gold Hill Rd., Unit 201, Fort Mill, SC 29708, less than a half mile from I-77, off Exit 88. Our firm is conveniently located to serve Sun City, Carolina Lakes, SC Retirement Community. Our local South Carolina Estate Planning Lawyers have experience assisting Sun City residents with their […]
In Mecklenburg County, North Carolina guardianship for an individual may be appointed based the incompetency standard that the ward lacks sufficient capacity to manage his/her own affairs or to make or communicate important decisions concerning his/her person, family or property. North Carolina Guardianship Law As elder family members age, they may no longer be able to manage […]
You have worked hard to build your future, yet you face the difficult question of how and when to best pass on your assets to your loved ones. Few people find planning for their own death appealing. However, it is essential to consult with an experienced and knowledgeable North or South Carolina Estate Planning Attorney to […]
Having a baby is an exciting and chaotic time. As a new parent, you’re probably busy changing diapers, adjusting to life with your baby, and too sleep deprived to think worry about creating an estate plan. However, while it’s not easy to think about death during such a happy period in your life, it’s is […]
Estate Planning Client Intake Form As a parent, it’s important to plan ahead and make sure your children are taken care of in the event of a ‘worst case scenario’ type of situation. While it may be hard to imagine what could happen to your children if you are no longer able to care for […]
Introduction to Estate Planning for Young Families For young families, the thought of estate planning might seem premature or daunting. However, it’s a crucial step in ensuring the security and well-being of your loved ones. In this comprehensive guide, we will explore the key components of estate planning specifically tailored for young families. We’ll help you understand […]
Introduction to Advanced Estate Planning Advanced estate planning is an intricate process designed for individuals with significant assets, complex family dynamics, or specific legacy aspirations. This comprehensive approach goes beyond basic wills and trusts, encompassing a range of strategies to safeguard wealth, minimize tax liabilities, and ensure your legacy is preserved and passed on according […]