What powers should I grant my executor to secure VA death benefits and burial arrangements? – North Carolina Short Answer In North Carolina, give your executor clear authority in your will to arrange your funeral/cremation, decide on final disposition of remains, contract and pay related expenses, and apply for and collect VA burial benefits. Also…
How can I update my military will to reflect my current circumstances? – North Carolina Short Answer In North Carolina, the cleanest way to update a military will is to sign a new North Carolina will that revokes prior wills or to sign a properly executed codicil. Your new documents must be signed in front…
How do I ensure my ashes are sent back and buried next to my parents’ plots? – North Carolina Short Answer In North Carolina, the surest way is to (1) sign a written “disposition of remains” directive naming one trusted person to control your cremation and burial, (2) give the same instruction in your health…
Can I name a law firm or non-family member as executor? – North Carolina Short Answer In North Carolina, you may name a non-family member as your executor if the person is legally qualified. You generally cannot name a law firm entity as executor; only individuals or trust institutions authorized to act in North Carolina…
Can I name a financial institution or fiduciary company as the successor trustee of my trust? – North Carolina Short Answer Yes. In North Carolina, you may name a bank or trust company to serve as successor trustee of a revocable or testamentary trust. The institution must agree to serve and will be bound by…
What options do I have if I don’t trust my children to serve as successor trustees? – North Carolina Short Answer In North Carolina, you can avoid naming family by appointing a bank or trust company as your successor trustee, naming an independent professional trustee, or using co-trustees with clear tie-breaker rules. Your trust can…
How do I transfer my home into a living trust and include a pour-over will? – North Carolina Short Answer In North Carolina, you create a revocable living trust, then sign and record a deed transferring your home to yourself as trustee. You also sign a properly executed pour-over will so any assets left in…
How do I change my healthcare power of attorney if my previously named agent is deceased? – North Carolina Short Answer In North Carolina, you change your health care power of attorney (HCPOA) by revoking the old document and signing a new HCPOA that names a new primary agent and, ideally, one or more alternates.…
How do I set up a North Carolina LLC trust to hold my crypto and personal assets? – North Carolina Short Answer In North Carolina, you don’t create an “LLC trust.” You create a revocable living trust and form a North Carolina LLC, then title assets so the trust owns the LLC (and the LLC…
What steps do I need to take to remain in control as trustee and pass trust assets to my children? – North Carolina Short Answer In North Carolina, you can stay in control by creating a revocable living trust that names you as initial trustee, clearly retains your rights to amend or revoke, and names…
