• Charlotte: +704.369.9977
  • Fort Mill: +803.594.4453
Consultation Request
Share

NC and SC Estate Planning and Elder Law Firm

Tuesday, May 26, 2020

Why You Should Consider Incorporating 529 Plans Into Your Estate Plan


When properly crafted, an estate plan has so much more to offer than simply a way to distribute assets to your family and loved ones. There is an extensive range of estate planning tools that are often overlooked, but can provide many benefits to those who choose to access them. For instance, a 529 Savings Plan may not be something you would consider as an estate planning tool, but it certainly can be. A 529 plan is named for the Internal Revenue Code section that authorizes them. It is a tax-advantaged investment vehicle that allows for tax-sheltered growth.
Read more . . .


Thursday, May 21, 2020

How to Pay for the Costs of Assisted Living


The cost of assisted living care in the U.S. is increasingly high. The average rent for assisted living ranges from $2,000 to $5,000 per month, with the national average falling somewhere close to $4,000 per month. Few people can afford this, but many older adults need some help living a semi-independent life, but do not require constant monitoring and medical supervision.
Read more . . .


Monday, May 18, 2020

The CDC’s Coronavirus Guidance for Older Adults


The COVID-19, also referred to as the Coronavirus, pandemic has brought a level of anxiety that is palpable across the U.S. and the globe. As the disease spreads, the fear of it grows. This is especially true for those groups who have been deemed particularly vulnerable to the risks of the Coronavirus.
Read more . . .


Thursday, April 23, 2020

What Are the Responsibilities of an Executor?


Estate planning is something everyone should do as soon as possible. It is an important process that puts critical legal tools in place to protect you and your loved ones. There will be many difficult decisions you will have to make during the estate planning process.
Read more . . .


Monday, April 20, 2020

How Did the Deficit Reduction Act of 2005 (DRA) Affect Medicaid?


Medicaid seems to always be in the news as it is often at the center of politics. There are many discussions on changes in Medicaid. Those in office or running for office frequently say that they will introduce legislation relating to Medicaid. Changes in Medicaid legislation can have a big impact on how can access


Read more . . .


Friday, April 17, 2020

How Can I Include Charitable Giving in My Estate Plan?


Many people have charitable causes about which they are passionate. When estate planning, you may wish to consider planned charitable giving which will allow you to support your charitable interests. There are several ways to include charitable giving.


Read more . . .


Monday, March 23, 2020

Why You Are Never Too Young to Estate Plan


Estate planning involves putting important tools and legal protections in place related to your end of life wishes as well as others associated with ensuring your healthcare decisions are respected and your financial well being is protected. This does not mean that estate planning is only for those individuals who are older or who may be in poor health. Estate planning is important for everyone regardless of age or health status.
Read more . . .


Friday, March 20, 2020

How to Keep Your Family Business in the Family


A family business has unique considerations that do not exist with other businesses. They are special and require special attention at times. For instance, times of succession with a family business are not only critical, but are difficult to do dynamics that are not at play in other kinds of businesses.
Read more . . .


Tuesday, March 17, 2020

Appealing a Denial of Veteran Benefits


Veterans often wait for months to find out the status of their veteran’s benefits claim. After the wait for information related to critical benefits, it can be extremely upsetting to find out your claim has been denied. After finding out about your denial, you have the option to appeal.


Read more . . .


Thursday, February 20, 2020

What Should Be Included in Your Partnership Agreement?


When starting any business venture, it can be tempting to rush through the beginning planning phases in the excitement of it all. Don’t let this happen. Take the time upfront to set your business up for success.
Read more . . .


Monday, February 17, 2020

How Do You Form a C Corporation?


One of the central decisions when forming a business is what type of business structure you want to operate under. If you have settled on a corporation, then you have to choose what type of corporation you want. You will also need to decide what type of tax treatment you want for the corporation.


Read more . . .


Archived Posts

2020
2019
2018
December
November
October
September
August
July
June
May
April
March
February
January
2017
December
November
October
September
August
July
June
May
April
March
February
January
2016
December
November
October
September
August
July
June
May
April
March
January
2015
December
November
October
September
August
July
June
May
April
March
February
January
2014
December
November
October
September
August
July
June
May
April
March
February
January
2013


Monk Law Firm, PLLC assists clients throughout Charlotte, Rock Hill, Fort Mill and the surrounding areas.



© 2020 Monk Law Firm, PLLC | Disclaimer
1701 First Baxter Crossing, Suite 101, Fort Mill, SC 29708
| Phone: 803-594-4453
6000 Fairview Road, Suite 1200, Charlotte, NC 28210
| Phone: 704-369-9977

Estate Planning | Elder Law / Medicaid Planning | Guardianships | Probate / Estate Administration | Special Needs Planning | Veterans Benefits | Business Law | Business Succession Planning | Florida Veteran's Aid and Attendance

Law Firm Website Design by
Zola Creative