July 21, 2017
by Raleigh Lawyer
0 comments

Intangible Assets

Welcome back. We are here to talk more about assets. This list is one that many do not always consider when estate planning in Cary.  Assets that can’t be touched are considered intangible assets. They are valued, non-physical items that are beneficial to an organization or business.

Intangible assets might also be valuable to family members, as well. Individuals who are currently estate planning in Cary might find the following list helpful when deciding what should be considered an asset.

Intangible Assets | Estate Planning Cary

Intangible assets should also be included within a will. Estate planning includes everything that is considered an asset. Below, you’ll find a list of intangible assets that might be both common and uncommon. Remember, the reason for this list is to help you better understand what can be included within your overall list of assets.

  • Use rights – air, water, land
  • Training manuals
  • Trained & assembled workforce
  • Trademarks
  • Trade secrets
  • Title plants
  • Technology sharing agreements
  • Supplier contracts
  • Solicitation rights
  • Shareholder agreements
  • Security interests
  • Securities portfolios
  • Schematics & diagrams
  • Royalty agreements
  • Proprietary technology
  • Property use rights
  • Product designs
  • Procedural manuals
  • Permits
  • Patents
  • Natural resources
  • Musical compositions
  • Mineral rights
  • Methodologies
  • Medical charts and records
  • Manuscripts
  • Manual databases
  • Management contracts
  • Location value
  • Loan portfolios
  • Licenses
  • Landing rights
  • Laboratory notebooks
  • Joint ventures
  • Historical documents
  • Goodwill
  • Franchise agreements
  • Food flavorings & recipes
  • Film libraries
  • FCC licenses
  • Environmental rights
  • Engineering drawings
  • Easements
  • Drilling rights
  • Domain names
  • Distribution rights
  • Distribution networks
  • Development rights
  • Designs & drawings
  • Customer relationships
  • Copyrights
  • Cooperative agreements
  • Contracts
  • Computerized databases
  • Computer programs
  • Chemical formulas
  • Buy-sell agreements
  • Broadcast licenses
  • Brand recognition
  • Brand names
  • Bonds
  • Blueprints
  • Accounts receivable

To learn more about tangiable assets, be sure to visit with our previous blog post. We have a list there as well. If you have questions about estate planning in Cary, contact our lawyer.

Klish and Eldreth | Estate Planning in Cary

If you don’t have an estate plan in place or haven’t reviewed yours in several years, now might be the best time to start. Our attorney is here to help you get your estate planning in Cary started and in order. That way, should you pass in an untimely manner or become incapacitated at some point it will be there for your loved ones. It’s better to be safe than sorry when it comes to an estate plan. Contact our office today to get started estate planning.

As always, feel free to contact us with any questions or concerns you may have concerning legal issues. Contact our lawyer to schedule a consultation if you have questions about small business needs, trademarking, copyrighting, or other legal situations. Call today for more information!

Share

July 19, 2017
by Raleigh Lawyer
0 comments

Tangible Assets

Have you ever thought about what type of items you might consider to add to your will when estate planning in Raleigh NC? If so, chances are you aren’t sure what items to include. Today, we are going to talk about tangible assets that should be considered when creating a will.

Assets that can be touched are considered tangible assets. They are valued, physical items that are valuable to you. They might also be of value to a loved one, business or organization.

Individuals who are currently estate planning in Raleigh NC might find the following list helpful when deciding what should be considered an asset.

Tangible Assets | Estate Planning Raleigh NC

Tangible assets should be included within a will. Estate planning includes everything that is considered an asset. Below, you’ll find a list of tangible assets that might be both common and uncommon. Remember, the reason for this list is to help you better understand what can be included within your overall list of assets.

  • Warrants (to purchase securities)
  • Time deposits
  • State and local government securities
  • Share of funds in governmental investment accounts or pools
  • Savings accounts
  • Repurchase agreements
  • Notes receivables
  • Mutual funds
  • Mortgages (receivable) held directly
  • Money market funds
  • Marketable securities
  • Marketable equity securities
  • Loans to members of insurance trusts systems
  • Loans receivables
  • Land
  • Inventory
  • Guaranteed investment accounts
  • Federal treasury notes
  • Federal agency securities
  • Equipment
  • Debentures held
  • Corporate stock
  • Corporate bonds
  • Commercial paper
  • Certificates of deposit or CDs
  • Cash on hand
  • Cash on deposit
  • Buildings
  • “Restricted” cash and investments

Remember, these items are tangible and can be physically touched. Below, you’ll find a list of personal assets that are both physical and non-physical:

Personal Assets | Estate Planning Raleigh NC
  • Savings account
  • Retirement account
  • Jewelry
  • Investment accounts
  • Collectibles Electronics Insurance
  • Checking account
  • Automobile
  • Artwork

In our next blog, we will further discuss intangible assets. These are items that are non-physical and cannot be touched. Be sure to stay tuned.

Klish and Eldreth | Estate Planning in Raleigh NC

If you don’t have an estate plan in place or haven’t reviewed yours in several years, now might be the best time to start. Our estate lawyer is here to help you get your estate planning in order and ready should you pass in an untimely manner or become incapacitated at some point. It’s better to be safe than sorry when it comes to an estate plan. Contact our office.

As always, feel free to contact us at our office to schedule a consultation with if you are looking for a lawyer to represent you in other legal matters. We are here to assist you with small business needs, trademarking, copyrighting and  DWI issues.

Share

July 17, 2017
by Raleigh Lawyer
0 comments

More Unique Yet Helpful Estate Planning Tips

Welcome back! Our wills lawyer in Cary NC is back with more information that will help you think outside the box when it comes to estate planning. Oftentimes, we think about the most common aspects of planning our estate, however, there are a few unique, yet helpful tips that will help you secure your assets and look out for loved ones in the future.

Unique Estate Planning Tips | Wills Lawyer Cary NC

Sometimes, estranged family members and difficulty getting along with loved ones is a problem. You might worry about what will happen to your last wishes, in this case. Sometimes, parents do not get along well with their adult children. Anxiety can set up when thinking about the future of your assets. However, working with a lawyer can help. And estate planning lawyer is loyal to you and your wishes. In this case, they will work against estranged children were siblings that might get in the way of your last wishes.

Today’s life expectancy is between 85 and 87 for men and women. However, at least a quarter of 65-year-old today will live past the age of 87 and on into their mid-90s. Most people who State plan only consider the fact that they may live until their mid-80s. However, it’s important to consider the possibility of living to age 95 or older with the nearest a plan.

We hope this information helps you in the event that you need to consider uncommon estate planning tasks. If you need help with this, contact our wills lawyer in Cary NC. We are here to help! Also, be sure to visit our previous blog for more information, as well.

Klish and Eldreth, PLLC | Wills Lawyer Cary NC

The amount of time it takes to create an estate plan is worth it. Doing so now will help your loved ones avoid fees in the future if your estate is subject to the probate process. You can talk with our wills lawyer in Cary NC about your options to understand what is the best choice for you and your family. Contact us to learn more about whether or not these option might work well for you.

As always, feel free to contact us with any questions or concerns you may have about your current estate plan. Also, feel free to contact our office to schedule a consultation with us if you are looking for an estate lawyer in Raleigh. We are here to help you with all your legal matters, whether it be small business, trademarking, copyrighting, or DWI issues.

Share

July 15, 2017
by Raleigh Lawyer
0 comments

Unique Yet Helpful Estate Planning Tips

Estate planning is it something that we like to consider. Essentially, we are planning for what happens in the event of her death. However, it’s important to make plans for your assets and financials when it comes to taking care of your loved ones after you’re gone. Our probate lawyer in Cary NC is here to talk about these things.

Uncommon Estate Planning Tips | Probate Lawyer Cary NC

There are several unique yet helpful tips we are here to offer you today. These estate planning tips will hopefully help you when it comes to ensuring your loved ones are cared for after you passed.

Even worse than estate planning, planning a funeral scary and overwhelming. However, having a pre-planned, prepaid funeral can be extremely thoughtful and helpful in your passing. Consider your loved ones. They will be devastated. Having a pre-paid and preplanned funeral will be one last way to show them your love and gratitude.

You can proceed with purchasing everything that’s needed for the funeral service, as well as at the burial site. You can even plan the entire funeral. Of course, having your loved ones input might be a good idea, but you can do this on your own, as well.

If you have a revocable trust, it’s important to consider setting up a committee to manage it. Because a revocable trust cover assets while you’re alive, it’s different than the will. A revocable trust is a great option for many people. However, designating a committee in the event that you are incapacitated is a great way to further plan.

Having a committee in place will help in terms of court dealings when guardianship comes in to play in the event that you are incapacitated on a level that affects your mental capacity.

We hope this information helps you think outside the box a little when it comes to a state planning and securing your future, as well as your loved ones. If you need help with any of these tips, be sure to contact our lawyer. We are here to help you when you need it.

Also, be sure to visit with our next blog post. There, you’ll find more tips on how to plan your estate while keeping uncommon aspects of life in mind.

Klish and Eldreth | Probate Lawyer Cary NC

If you don’t have an estate plan in place or haven’t reviewed yours in several years, now might be the best time to start. Our estate lawyer is here to help you get your estate planning in order and ready should you pass in an untimely manner or become incapacitated at some point. It’s better to be safe than sorry when it comes to an estate plan. Contact our probate lawyer in Cary NC to get started estate planning, today.

Share

July 13, 2017
by Raleigh Lawyer
0 comments

A Look at Arrest Rates

In the U.S. alone, more than one million people are arrested each year. Our attorney in Raleigh NC sees this problem quite often. Below, you’ll find arrest rates from 2008. During that time, almost 15 million Americans were arrested for the following reasons.

Arrest Rates in the US | Lawyer in Raleigh NC

  • Aggravated assault: 429,969
  • All other offenses: 3,835,083
  • Arson: 14,125
  • Burglary: 308,479
  • Curfew and loitering law violations: 133,063
  • Disorderly conduct: 685,985
  • Driving under the influence: 1,483,396
  • Drug abuse violations: 1,702,537
  • Drunkenness: 611,069
  • Embezzlement: 21,402
  • Forcible rape: 22,584
  • Forgery and counterfeiting: 90,127
  • Fraud: 234,199
  • Gambling: 9,811
  • Larceny-theft: 1,266,706
  • Liquor laws: 625,939
  • Motor vehicle theft: 98,035
  • Murder and nonnegligent manslaughter: 12,955
  • Offenses against the family and children: 118,419
  • Other assaults: 1,298,342
  • Property crime2: 1,687,345
  • Prostitution and commercialized vice: 75,004
  • Robbery: 129,403
  • Runaways: 109,225
  • Sex offenses (except forcible rape and prostitution): 79,914
  • Stolen property; buying, receiving, possessing: 111,319
  • Suspicion: 1,650
  • Vagrancy: 33,852
  • Vandalism: 285,012
  • Violent crime2: 594,911
  • Weapons; carrying, possessing, etc.: 179,661

Klish and Eldreth | Lawyer in Raleigh NC

Our law office offers various types of legal services for you. Whether it’s entertainment law, estate planning, small business law or others, we are available to help you through your legal situation. Contact us to make an appointment.

If you don’t have an estate plan in place or haven’t reviewed yours in several years, now might be the best time to start. Our lawyer in Raleigh NC is here to help you get your estate planning in order and ready should you pass in an untimely manner or become incapacitated at some point. It’s better to be safe than sorry when it comes to an estate plan. Contact our office today to get started estate planning.

Share