After an estate planner has established their estate plan, they should begin thinking ahead to when they may need to update their estate plan. It is equally important to know when to update an estate plan as it is to know what to include in an estate plan such as a...
Month: August 2021
Am I an exempt employee under the Fair Labor Standards Act?
When you give your time and your labor to an employer, you expect to be compensated for your efforts correctly and in a timely manner. State and federal laws mandate that employers must pay employees minimum wage and give overtime pay when the statutory requirements...
Alleged hospital monopoly sparks class action lawsuit
In North Carolina, residents often feel helpless at the hands of large companies with seemingly limitless resources. Even if there is evidence of wrongdoing and an individual has a strong complaint with clear evidence, these entities generally have few qualms about...
Estate tax concern: Consider a qualified personal residence trust
Some taxpayers are stuck paying the government even after they die. Certain high-net worth individuals are subject to what is known as the estate tax. This post-mortem tax takes a share of all estates valued at over $5.34 million and carries a maximum rate of over 40...
What documents does one need for their estate plan?
Throughout life people in North Carolina need to obtain various plans and sign many documents for various aspects of their lives. They may sign loan documents for a house or other property. They may have health insurance, homeowners’ insurance, life insurance and...
Stop harassment from debt collectors
Debt is a way of life for many, if not most Americans. Homeowners live with mortgages, educated people live with student loans and many more of us live with car loans. No one likes debt, but we learn to live with it, and when times are good we make our regular...
Understanding identity theft
Identity theft is more common in the U.S. than consumers may realize. It occurs when a consumer’s personal information, including their name, social security number or other identifying data is stolen and used fraudulently. Common types of identity theft Identity...
When are employees victims of disability discrimination?
There are many people in North Carolina who suffer from various disabilities. These could be physical disabilities or mental disabilities. These disabilities affect people in different ways though. It could affect one’s legs, arms, their ability to sit or stand for...