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Use this menu to find other Eldercare Services in your area |
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North Carolina Estate, Tax, Trust, Retirement, or
Medicaid Planning |
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Asheville NC - North Carolina tax planning and trusts -- Strauss & Associates PA , Buncombe County Click to request assistance
Cedar Point NC - North Carolina trust asset management -- Tantum & Humphrey PA Attorneys-At-Law , Onslow County Click to request assistance
Chapel Hill NC - North Carolina charitable remainder trusts -- Alexander & Miller , Orange County Click to request assistance
Chapel Hill NC - North Carolina living wills and medical directives -- April Bodovsky , Orange County Click to request assistance
Chapel Hill NC - North Carolina estate taxes, income taxes and capital gains -- Anthony Joseph E Attorney At Law , Orange County Click to request assistance
Chapel Hill NC - North Carolina end of life bereavement -- Adrian Rafael Halpern PA , Orange County Click to request assistance
Charlotte NC - North Carolina tax planning and trusts -- Phillips and McCrea, LLP Attorneys at Law, Mecklenburg County Click to request assistance
Charlotte NC - North Carolina trust asset management -- Berger Harwell & Kosofsky, PA Attorneys At Law , City of Charlotte & Mecklenburg County Click to request assistance
Durham NC - North Carolina charitable remainder trusts -- Anderson & Associates Attorneys Pllc , Durham County Click to request assistance
Durham NC - North Carolina living wills and medical directives -- Idol Robert A Atty, Durham County Click to request assistance
Durham NC - North Carolina estate taxes, income taxes and capital gains -- Bryant Patterson Covington Idol & Lewis PA, Durham County Click to request assistance
Durham NC - North Carolina end of life bereavement -- Velesquez Law, Durham County Click to request assistance
Durham NC - North Carolina tax planning and trusts -- Anderson Lisa Williams , Durham County Click to request assistance
Durham NC - North Carolina trust asset management -- Read Dan, Durham County Click to request assistance
Durham NC - North Carolina charitable remainder trusts -- Browning William W, Durham County Click to request assistance
Durham NC - North Carolina living wills and medical directives -- Mason M Allen III Atty, Durham County Click to request assistance
Durham NC - North Carolina estate taxes, income taxes and capital gains -- Kapur Geeta Attorney At Law, Durham County Click to request assistance
Durham NC - North Carolina end of life bereavement -- Akachukwu Mildred Attorney At Law , Durham County Click to request assistance
Durham NC - North Carolina tax planning and trusts -- Aus Brian Michael, Durham County Click to request assistance
Durham NC - North Carolina trust asset management -- Darsie Sharpe MacKritis & Dukelow Pllc, Durham County Click to request assistance
Durham NC - North Carolina charitable remainder trusts -- Alphin Alesia R , Durham County Click to request assistance
Durham NC - North Carolina living wills and medical directives -- Woltz Mark H Attorney At Law , Durham County Click to request assistance
Durham NC - North Carolina estate taxes, income taxes and capital gains -- Perry Willie R Jr Atty, Durham County Click to request assistance
Durham NC - North Carolina end of life bereavement -- Williams Norman Atty, Durham County Click to request assistance
Durham NC - North Carolina tax planning and trusts -- Antonelli Ronald J Atty , Durham County Click to request assistance
Durham NC - North Carolina trust asset management -- Anthony Joseph E Attorney At Law , Durham County Click to request assistance
Durham NC - North Carolina charitable remainder trusts -- Hill Marcus E Atty, Durham County Click to request assistance
Durham NC - North Carolina living wills and medical directives -- Attorney Firm Of Wootton & Wootton PC , Durham County Click to request assistance
Durham NC - North Carolina estate taxes, income taxes and capital gains -- Amos W H Bishop , Durham County Click to request assistance
Durham NC - North Carolina tax planning and trusts -- Law Offices Of James Scott Farrin , Durham County Click to request assistance
Durham NC - North Carolina trust asset management -- Simeon Mark, Durham County Click to request assistance
Farmville NC - North Carolina charitable remainder trusts -- Lewis & Associates , Pitt County Click to request assistance
Fayetteville NC - North Carolina living wills and medical directives -- Baer & Baer Attorneys At Law PA , Cumberland County Click to request assistance
Fayetteville NC - North Carolina estate taxes, income taxes and capital gains -- Sharon A. Keyes, Attorney-at-Law., Cumberland County Click to request assistance
Fayetteville NC - North Carolina end of life bereavement -- Lewis Deese & Nance LLP , Cumberland County Click to request assistance
Franklin NC - North Carolina tax planning and trusts -- Coward Hicks & Siler PA , Macon County Click to request assistance
Greensboro Roadmap Financial Consulting, LLC | Phone: (336) 291-3535 Contact Glenn Mosseller
Greensboro NC - North Carolina trust asset management -- Attorney Offices Of Richard D Hall Jr PA , Guilford County Click to request assistance
Greenville NC - North Carolina charitable remainder trusts -- McLawhorn & Associates , Pitt County Click to request assistance
Hayesville NC - North Carolina living wills and medical directives -- Law Offices Of Merinda Swanson Woody PA , Clay County Click to request assistance
Hayesville NC - North Carolina estate taxes, income taxes and capital gains -- Ford Larry J Atty At Law , Clay County Click to request assistance
Hendersonville NC - North Carolina end of life bereavement -- Romeo Randolph C Atty At Law , Henderson County Click to request assistance
Hendersonville NC - North Carolina tax planning and trusts -- Beeker Angela , Henderson County Click to request assistance
Hendersonville NC - North Carolina trust asset management -- Coiner Harrelson & Shelton PA , Henderson County Click to request assistance
Hendersonville NC - North Carolina charitable remainder trusts -- Sheffron Scott Hyland, Atty , Henderson County Click to request assistance
Jacksonville NC - North Carolina living wills and medical directives -- Patterson Robert E Atty , Onslow County Click to request assistance
Jacksonville NC - North Carolina estate taxes, income taxes and capital gains -- Erwin Simpson & Stroud PLLC , Onslow County Click to request assistance
Kernersville NC - North Carolina end of life bereavement -- Coltrane Grubbs & James , Forsyth County Click to request assistance
Mooresville NC - North Carolina tax planning and trusts -- White JAY KEVIN ATTY , Iredell County Click to request assistance
Mooresville NC - North Carolina trust asset management -- Homesley Goodman & Wingo PLLC , Iredell County Click to request assistance
Murphy NC - North Carolina charitable remainder trusts -- Blomeley James L Jr , Cherokee County Click to request assistance
Murphy NC - North Carolina living wills and medical directives -- Hyde Hoover & Lindsay , Cherokee County Click to request assistance
Newton NC - North Carolina estate taxes, income taxes and capital gains -- Grant Richman PLLC , Catawba County Click to request assistance
Newton NC - North Carolina end of life bereavement -- Attorney Carolyn Crouch , Catawba County Click to request assistance
Newton NC - North Carolina tax planning and trusts -- Isenhower Wood & Cilley PA , Catawba County Click to request assistance
Raleigh NC - North Carolina estate taxes, income taxes and capital gains -- David Cole, Apex Asset Management, Wake County Click to request assistance
Sylva NC - North Carolina charitable remainder trusts -- Coward Hicks & Siler , Jackson County Click to request assistance
Thomasville NC - North Carolina living wills and medical directives -- Citrin & Whitman PA , Davidson County Click to request assistance
Tryon NC - North Carolina estate taxes, income taxes and capital gains -- Nager A Bailey Atty , Polk County Click to request assistance
Tryon NC - North Carolina tax planning and trusts -- Law Offices Of Travis S Greene PC , Polk County Click to request assistance
Washington NC - North Carolina trust asset management -- Hackney Keith D Atty , Beaufort County Click to request assistance
Waynesville NC - North Carolina charitable remainder trusts -- Finger Timothy L PA , Haywood County Click to request assistance
Waynesville NC - North Carolina living wills and medical directives -- Wenzel & Wenzel PLLC , Haywood County Click to request assistance
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Contact North Carolina Estate, Tax, Trust, Retirement, or Medicaid Planning
For the convenience of the public, care providers are listed on this page to show services available in a particular area. We cannot verify the business practice or the background of providers listed on this page. As a result, we do not provide contact information. Members of the North Carolina Senior Care Council, listed on this site, have agreed to abide by a code of ethics. If you wish to contact a member of the North Carolina Senior Care Council regarding any of the eldercare services listed on this page, please fill out the form below and a council member will contact you. Please be aware that your information may be shared with other members of the Care Planning Council who might be able to help you as well. Read Our Disclaimer.
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Let Us Help You with Your Eldercare Problems or Questions
The North Carolina Senior Care Council (NcSCC) lists companies and individual providers on this website who help families deal with the crisis and burden of long term care. One purpose of this website is to educate the public on the need for care planning before a crisis occurs. A second purpose is to provide, in one place, all of the available government and private services for eldercare. Finally, our ultimate mission is to offer a trusted listing service that the public will recognize and turn to for expert help in dealing with the challenges of long term care. |
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About Estate Planning and Trust Management
Estate Planning
Trust Management
Estate Planning
A key deficiency in the process of planning for long term care occurs when seniors fail to provide for orderly distribution of assets at death and fail to let their family know what to do when the senior can no longer handle his or her own affairs.
Estate planning from a qualified estate planning attorney, a financial adviser who specializes in estate planning or a CPA planner is the design of documents to provide the orderly transfer of assets and property to the next generation. Wills, living trusts and a myriad of other trust documents or business arrangements to avoid estate taxes, income tax and real estate capitol gains are some of the principal documents used. Estate planning also concerns issues of business succession or disability of a business owner.
Many estate planners are also adding final directive or end-of-life documents such as living wills, powers of attorney and special medical directives. But often these are considered secondary to the process of transferring assets or property. Unfortunately, these documents are much more important to family caregivers dealing with the needs of elderly loved ones.
Estate planners also need to become more involved in the planning process for long term care by helping in the production of a written long term care plan. This should also include meetings with potential family caregivers and instructions or checklists for these people. This important aspect of planning is often overlooked.
Elders or their families who are assisting them should insist on more careful planning for long term care issues when doing an estate plan.
Some advisers have recognized this need and have put together a team of experts such as attorneys, care managers and financial planners who provide a more complete and comprehensive approach to estate planning, long term care and end-of-life issues.
Trust Management
Many people who create trusts or wills or both will designate a trust company or bank to be a trustee for their property instead of using a member of the family or close friend to do this. The reason is that, all too often, assets are mismanaged or even stolen by family members or friends. Using a trust company that has a legally mandated, public fiduciary responsibility avoids this problem.
Trust companies are valuable partners in the management of trusts and in the process of estate planning. These companies, for a small fee, will manage and invest assets, maintain escrow accounts, hold property pending an exchange sale, provide life insurance and income annuities and provide safekeeping of valuables.
A trust is a legal document that "entrusts" property to a trustee (a bank, attorney, individual or trust company) to manage for a person or persons (beneficiaries of the trust) whom the maker of the trust wants to benefit. In most cases, the maker of a trust is creating a benefit for a loved one that will be distributed after the death of the creator or maker of the trust. Trusts usually involve very specific and detailed instructions on how a trustee is to carry out the duty of managing or distributing the property on behalf of a beneficiary.
A trustee will manage investments, keep records, manage assets and prepare court accountings, paying bills and (depending on the nature of the trust) medical expenses, charitable gifts, inheritances or other distributions of income and principal.
A trust relationship is also created in a will when the maker of the will specifies an entity to be an executor or personal representative of the estate. This person or company then becomes a trustee for the deceased individual who made the will. The responsibilities of an executor in settling the estate of a deceased person include collecting debts, settling claims for debt and taxes, accounting for assets to the courts and distributing wealth to beneficiaries.
A third party trust officer such as a bank, attorney or trust company may also assume the role of a guardian for a minor child, distributing assets in a prearranged manner when the child becomes an adult. Or the trust officer may also act on behalf of a developmentally disabled or mentally retarded person distributing assets under a special needs trust.
Trusts are most often used with estate planning. The purpose of estate planning is to minimize the cost and streamline the process of distributing assets to the next generation. Here are some of the more common reasons people create trusts in estate planning.
- To avoid probate
- To minimize or eliminate estate taxes
- To create life insurance trusts
- To avoid capital gains taxes on the sale of property
- To create an annuity income through charitable gifting
- To receive a charitable gifting income tax deduction
- To manage assets on behalf of a minor or someone who can't handle his or her own affairs
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