Two of the most common client frustrations are lack of information and lack of communication. Here, at Harvell and Collins, P.A., we try to do our very best to disseminate useful legal information and increase communication. Our BLOG is just one way that we attempt to accomplish these objectives. Please read through our entries and if there are any particular topics you would like addressed let us know.
It sounds so simple, but many people "just don't get around to making a will" even though they fully intend to do so. A well-drafted Last Will and Testament can greatly avoid unnecessary costs and complications for your heirs when you die. Most importantly, it can and should d… Read More
Use of Marital Trusts to Satisfy Elective Share Clients who do not want to satisfy the Elective Share Amount with an outright bequest to the surviving spouse will require the use of a marital or spousal trust as defined under N.C.G.S. Sections 30-3.2 (3c) (g) and 30-3.3A (e). The marital tr… Read More
It is important to keep all beneficiary designations on annuities and policies of insurance updated in order to reflect any change in circumstances. Insurance policies and annuities are usually non-probate assets, meaning they do not pass through the estate upon death. Instead, t… Read More
