FAMILY LAW BLOG
COVID19
COVID-19 Resources and Updates Read the Message from McIlveen CEO March 10, 2020 Update (Updated as of April 9, 2020) On March 10th, Governor Roy Cooper declared a state of emergency in response to the COVID-19 Pandemic. This would be the first of 11 Executive Orders...
Message from CEO – COVID-19
Message from McIlveen Family Law Firm CEO We are facing unprecedented times as the global coronavirus pandemic continues its assault on our lives, our businesses, and our way of life. During this time, I wanted to update you on what we are doing at McIlveen Family...
Happy 18th Birthday! Now What?
Congratulations! You are now considered a legal adult. Aside from purchasing alcohol, there is now very little you cannot legally do. Even though you may not feel any different, from a legal standpoint, a lot has changed. When you were a minor (under the age of 18),...
How A Living Trust Helps Your Family
There are several parts to an estate plan, one of them being a living trust. Common factors that prompt someone to create a trust include privacy, tax benefits, avoiding probate, and caring for family members with special needs. Estate planning also lets you dictate...
IRA Fit Your Estate Plan?
When you think of IRAs, you probably think of retirement. But what happens to your IRA money after you’re gone? The answer depends on how you go about creating your estate plan and selecting beneficiaries, and you might be surprised to find out that your money could...
Protect Your Child’s Inheritance
You can protect your child's inheritance from their spouse by planning early. Parents who develop an estate plan often do so to provide for their heirs financially. Many want to make sure hard-earned assets, family heirlooms, or closely held businesses stay within the...
Do I Really Need an Estate Plan?
Do I really need an estate plan if I don't have a large estate? You don’t need to have a summer house in the Hamptons or a private art collection big enough to rival MOMA to consider yourself the owner of an estate. In fact, virtually anyone who owns anything has an...
Get Your Affairs in Order
Five words no one ever wants to hear from their doctor: “Get your affairs in order.” Unfortunately, 58 percent of Americans do not have a will or trust, and it often requires a chronic disease or terminal illness diagnosis, or other life-changing event to prompt the...
Will vs. Trust: Which is Right for You?
When you sit down to create your estate plan, there are likely dozens of questions running through your mind. Who should get possession of your home? Who should run the family business? Will you create a college fund for your grandkids? What charity should you donate...
College and Estate Planning
Why You Should Include College in Your Estate Planning You may have been running around for weeks, getting your new college student off to school. It's exhilarating, and your heart likely is bursting at the seams. You're probably prouder than words can express, but...