Posts by Geoffrey A. Losee

What is Probate? “Probate” refers to the formal legal process involved in administering an estate. In North Carolina, the clerk of court in the county where the deceased individual lived is responsible for managing the probate process. When Does An Estate Go To Probate in Wilmington? Probate is generally only necessary when the deceased owned…

The beginning of the new year is a great time to revisit your goals and vision for the future. Maybe you purchased a new gym membership. Maybe you have reviewed and edited your monthly budget. Perhaps your New Year’s resolutions are more simple: less screen time, more family dinners, or daily journaling. But have you…

Let’s face it – no one enjoys thinking about what will happen to their wife, husband, children, or even pets, in the event they pass away or become medically incapacitated. However, it is important to ensure that, while you are still healthy, you have an all-encompassing estate plan that protects your family and any other…

For your entire life, your parents have looked out for your best interests. Now it is your turn. As your relationship with your aging parents evolves into the role of caretaker, you should make sure that your parents have an estate plan that protects their interests and assets. Having a conversation about your parents’ estate…

Losing a loved one is never easy. But when you believe that someone took advantage of your loved one to change their will, the grief can be even more unbearable. Fortunately, in North Carolina, there is a legal process which allows you to question and challenge the validity of a will with the help of…

When meeting with a Wilmington estate planning attorney, you are probably thinking about how you want your assets to be distributed to your loved ones after your death. But have you thought about what will happen to your debt One study conducted by Experian in 2016 found that 73% of America will die with debt.…