Estate Planning & Administration

You’ve spent years working hard, saving for the future, and building a life for your loved ones. Maybe you own a home, have investments, or even a family business. But what happens if something unexpected occurs? Without a well-structured estate plan, your family could face stressful legal battles, unnecessary taxes, and uncertainty about your wishes.…

You have the whole year in front of you, and now’s the time to take stock of where you are and what you want to accomplish this year. Are you promising yourself you’re going to finally take that trip? Actually hit the gym? What about preparing yourself and your family for the years ahead? Whether…

Are you considering estate planning in Wilmington, NC? Knowing how to avoid probate can make a huge difference in protecting your assets and ensuring they are distributed smoothly to your loved ones. Probate can be a lengthy, expensive process, but with the right strategies, you can minimize or even avoid it. At Rountree Losee LLP,…

Guardianship is a serious legal step that impacts someone’s ability to make decisions for themselves. If you’re considering guardianship for a loved one, this post can help you understand the process and alternatives. What is Guardianship? In North Carolina, guardianship is a court-ordered relationship where one person (the guardian) is given the authority to make…

Asset protection is an important aspect of financial planning that often gets overlooked until it’s too late. In an unpredictable world where lawsuits, creditors, and financial risks abound, protecting your assets is incredibly important. Whether you’re a business owner or just an individual trying to protect your wealth, understanding the benefits of asset protection is…

As life progresses, our circumstances change, as do our estate planning needs.  Reviewing and updating your estate plan regularly is important to ensure that your final wishes are met and that you are taken care of if you are no longer able to make decisions for yourself. Having a  Wilmington estate planning attorney will help…

Planning your estate now is an important part of protecting your family and your legacy. An effective estate plan will ensure your assets are managed and distributed according to your wishes once you pass away. The initial step in preparing a proper estate plan is understanding the differences between all the documents you can use.…

One of the most challenging aspects of a divorce is splitting up assets. It can seem very unfair to divide your assets equally if you acquired wealth or property before, or even during, your marriage.  Protecting your assets is important as it helps avoid financial arguments if you and your spouse divorce. A Wilmington asset…

After the death of a loved one, estate administration or probate is likely to occur. Estate Administration is a legal process used to manage and distribute a deceased person’s assets. The process involves numerous procedures to inventory the deceased’s assets, notify creditors, pay existing debts and distribute the assets per the terms of the will,…

There are three types of guardianship in North Carolina : Guardian of the Person, Guardian of the Estate, and General Guardianship (this combines Guardian of the Person and Guardian of the Estate) .  Other states, such as California, may call this conservatorship and other states may have a combination of Guardianship and Conservatorship. Guardianship is…