Asset distribution after a person dies depends on whether they have a surviving spouse, living children, parents or other close relatives at the time of death. Appointing a guardian is another major concern. Make sure you consult with an experienced estate planning attorney to ensure that your loved ones are protected after you’re gone. Read More
How your assets get distributed depends on whether you have a surviving spouse, living children, parents or other close relatives at the time of your death. Make sure you consult with an experienced estate planning attorney to ensure that your loved ones are protected after you’re gone. Read More
If no will is in place specifying what should happen to your assets and who you want to take care of your children at the time of your death, the State of North Carolina will make these decisions for you regardless of what your wishes would have been. Read More
Some people don’t believe me when I tell them that my daughter was a five-year-old frozen embryo and that I was 50 when I delivered her. Here is my story. Fifteen years ago, I was faced with a tough decision. What to do with two remaining frozen embryos left over from past fertility treatments. I… Read More
No one says that divorce is easy, but lawyers and courts can make it a lot more stressful and expensive than it has to be. If you want to separate all of your marital assets and settle your custody and support issues in a way that is a fraction of the cost and the time,… Read More
By Angel Simpson, Attorney You love him! I mean, what is there not to love? He is delightfully eccentric, has never been married, wears lederhosen to family funerals and brings his own Peppermint Schnapps to holiday functions. But is he the best choice of caregiver for your child/ren? No way! Choosing a legal guardian for… Read More
Adopting a child from another state requires strict adherence to the Interstate Compact on the Placement of Children (ICPC) guidelines. The stress and added expense of adopting from another state can be overwhelming. Nevertheless, there are ways you can plan ahead so that an interstate adoption is less stressful and less expensive. One of the… Read More
Ways and Means Committee Chairman Kevin Brady offered an amendment on Thursday that would retain the adoption tax credit as part of H.R. 1, Tax Cuts and Jobs Act. Read More
As we expected, the Republican tax plan, released today, eliminates the Adoption Tax Credit. Here is the section by section text discussing eliminating the ATC: Sec. 1102. Repeal of nonrefundable credits. Current law: Under current law, certain individuals who are over the age of 65 or who have retired on disability before the end of the… Read More
The IRS has released information regarding the amount of the adoption tax credit for 2018 and the Modified Adjusted Gross Income (MAGI) amounts for the phase out yesterday. Assuming the Adoption Tax Credit survives the tax cuts, the maximum credit for 2018 will be $13,840 per child. The credit will begin to phase out for… Read More