July 11, 2018
by Raleigh Lawyer
Comments Off on Various Aspects of Estate Planning: Wills

Various Aspects of Estate Planning: Wills

Welcome back. We are here to talk about the various aspects of estate planning. In our previous blog post, you’ll find an overview of the things will be discussing throughout the series. Today, we will discuss wills. If you have questions, contact our wills lawyer in Cary NC.

  • A will helps individuals outline how they like to leave their assets, care for their children, as well as name your estate executor and more.
  • Without a will, it may not be possible to fully disclose how you would like to leave your loved ones there inheritance. Writing a will give you The chance to document your wishes for your assets, after you pass.
  • Other things that may be included in your will include, but are not limited to the following:
  • Instructions on how to care for your pets.
  • Maintenance information and instructions of care for property you own.
  • Information on social media accounts and how you would like for them to be dealt with, after you pass.
  • Passwords to online accounts and email.
  • Loan or debt information that may need to be paid upon your death.
  • Any bank account information you have, including money markets, savings accounts, checking accounts, CDs and more.
  • Retirement account information, as well as information about insurance policies you may have in place.

A will is a great place to document any and all wishes you may have for your assets after you pass. If you would like help with creating a will or need to review and update your current one, feel free to contact our wills lawyer in Cary NC. We are here to help you.

To learn more about the various aspects of a state planning, be sure to check back soon. Our next blog post will talk more about trusts.

Klish and Eldreth, PLLC | Wills 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 wills lawyer in Cary 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.

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.

July 5, 2018
by Raleigh Lawyer
Comments Off on Various Aspects of Estate Planning: An Overview

Various Aspects of Estate Planning: An Overview

There are various aspects of estate planning. Many times, people don’t consider everything that goes into the overall process as well as what type of documents should be included. Over the course of the next several blog posts, our estate lawyers in Raleigh NC will talk in detail about each aspect of estate planning. This series will be a great refresher course for those who have already begun estate planning and a great introduction for those who have not begun planning at this time.

Over the course of the next several blog posts, our estate lawyers in Cary NC will talk about the following topics in detail.

  • Creating a will is part of an overall estate plan. This document can be simple or complex. However, it’s an important part of the overall process. Many people choose to have a will.
  • Trusts are sometimes confused with a will. In a future blog, we will talk in detail about what trusts are and why you may want to use one. There are also trusts for minor children that should be set up and documented within an estate plan. To learn more about this, be sure to check back in our future blog posts.
  • Guardianship for minor children in the event of an untimely death should be considered and documented in an estate plan.
  • In addition to choosing a guardian for minor children, it’s also a good idea to plan for guardianship if incapacitation becomes an issue at some point.
  • An executor for estate documents should be chosen so that they’re able to oversee all aspects of an estate plan in the event of your death. They will also oversee things as they enter into the probate process.
  • Funeral arrangements may be left in detail for loved ones to follow within your estate plan. To learn more about this be sure to visit back soon.
  • Beneficiaries should be chosen for distribution of assets. They should also be considered for life insurance, 401(k) plans, or IRA beneficiaries, as well.
  • If you plan to do gifting annually to help reduce estate taxes, it’s important to consider this when going over your estate plan or while creating a new one.
  • A power of attorney for both medical and financial aspects should be considered. You can choose different individuals for each or the same person for both powers of attorney.

Remember, this overview is just the beginning of the information you will find over the course of this blog series. Coming up, you’ll find more information about each of these aspects in estate planning. Be sure to check back regularly.

Are you considering estate planning? If so, congrats. We hope this information helps you decide to start estate planning today! Remember, you’re never too young to start. Call now to learn more. Also, be sure to check back soon. We will have more reasons why you should start your estate plan now, instead of later, no matter what your age is.

Estate Lawyers  in Cary NC

As always, feel free to contact us with any questions or concerns you may have about estate planning. Also contact our estate lawyers in Cary NC to schedule a consultation if you have yet to start estate planning. It’s never too early to make plans for your wishes upon death. In addition, Klish and Eldreth, PLLC is here to help you with all your legal matters, whether it be estate planning, trademarking, copyrighting, or DWI issues.

June 5, 2018
by Raleigh Lawyer
Comments Off on Tangible and Intangible Assets in Estate Planning

Tangible and Intangible Assets in Estate Planning

Sometimes, deciding what to include as assets when estate planning can be difficult. The following lists include some items you may want to consider adding to a list of assets within your will. We will start with tangible assets and conclude with intangible assets. If you have any questions, contact our estate lawyer in Cary NC.

Tangible Assets | Estate Lawyer Cary NC

  • Warrants
  • Time deposits
  • State securities
  • Local government securities
  • Share of funds from governmental investment accounts and/or pools
  • Savings accounts
  • Repurchase agreements
  • Notes receivables
  • Mutual funds
  • Receivable mortgages
  • Money market funds
  • Marketable securities
  • Marketable equity securities
  • Loans to members of insurance trusts systems
  • Loan receivables
  • Land
  • Inventory
  • Guaranteed investment accounts
  • Federal treasury notes
  • Federal agency securities
  • Equipment
  • Debentures held
  • Corporate stock
  • Corporate bonds
  • Commercial paper
  • Certificates of deposit, also known as CDs
  • Cash on hand
  • Cash on deposit
  • Buildings
  • Restricted cash
  • Restricted 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 

  • Savings account
  • Retirement account
  • Jewelry
  • Investment accounts
  • Collectibles
  • Electronics Insurance
  • Checking account
  • Automobile
  • Artwork

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

Intangible assets can also be included in a will, just as tangible ones are. Estate planning may include everything that could be considered an asset. Here, you’ll find a list of intangible assets.

  • Air rights
  • Water rights
  • Land rights
  • 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
  • Medical records
  • Manuscripts
  • Manual databases
  • Management contracts
  • Location value
  • Loan portfolios
  • Licenses
  • Landing rights
  • Laboratory notebooks
  • Joint ventures
  • Historical documents
  • Goodwill
  • Franchise agreements
  • Food flavorings
  • Food 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

We hope these lists help you with estate planning. Contact our estate lawyer in Cary NC for help when you need assistance with creating a will or updating your current plan.

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 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.

Klish and Eldreth, PLLC

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!

June 1, 2018
by Raleigh Lawyer
Comments Off on Commonly Asked Estate Planning Questions

Commonly Asked Estate Planning Questions

Have you thought about estate planning in Raleigh NC lately? If not, we have a few things for you to consider. These questions and answers will help you make sure you have a valid plan in place and are keeping it in a safe place. If you need additional help, reach out to our estate lawyer to ensure that you are creating the best plan for your situation. Here, you’ll find common questions asked about estate planning.

Commonly Asked Questions for Estate Planning in Raleigh NC

  • Where should I keep my estate plan? This question can be one that many don’t think about. It is something that’s important to consider. We believe its best practice to keep your original estate documents in your house in a location intimate to you. An example will be where you keep your income tax records. We strongly encourage you to not keep originals in a safe deposit box. Wherever you choose to keep your documents, it’s a good idea to let trustees or executors know where you’ll have them stored.
    Wherever you choose to keep your documents, it’s a good idea to let trustees or executors know where you’ll have them stored.
  • Should I ever consider reviewing my estate plan? Making sure you review your estate plan at least once a year can be beneficial for those who have had life changes like marriage, divorce, or purchasing real estate. There are other things that should be added, changed, or updated in your will, as well. Documenting anything that has changed is important. We hope you will consider contacting us any time something new needs to be reflected in your estate plan. Contact us to learn more about what all should be updated. When
  • How often should I review my plan? Unfortunately, many individuals don’t think about reviewing their plan. They also don’t consider making changes when they’re needed. You should review your document every 3 to 5 years even if you’ve had no changes in life. If you have a change in anything, from a new home or other beneficiaries, you should make those changes immediately.

There are many things to consider when planning your estate. We hope this information helps you better understand why working with an estate lawyer is a good idea. If you have more questions about estate planning in Raleigh NC, please contact our lawyer.

As always, please contact us with any questions or concerns you may have concerning legal issues. Also, contact our estate lawyer in Cary NC to schedule a consultation if you have yet to start estate planning. 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. In addition to estate planning in Raleigh NC, our lawyer is here to help you with all your small business needs, trademarking, copyrighting, or DWI issues. Call now.

May 27, 2018
by Raleigh Lawyer
Comments Off on Reasons to Hire a Copyright Lawyer

Reasons to Hire a Copyright Lawyer

Sometimes, it’s unclear whether or not you need to hire a lawyer. In situations where copyright is an issue, it’s often a good idea to consider speaking with a lawyer to make sure you fully understand laws and regulations regarding this matter.

Reasons to Hire a Raleigh Copyright Lawyer

Copyrighting can help you protect your work. This means no one will be able to use your work of art without permission. In addition, you have the right to refuse permission. If you have created a work of art that includes a song, play, story, or other intellectual property, you should have the work copyrighted in order to make sure it is fully protected.

Copyright infringement is a serious crime. There are several situations where this might be an issue for you. If so, working with a lawyer can help you.

If your work has been in jeopardy of infringement, it’s important to know that you have options. You’ll be able to work with your copyright lawyer to take legal action. Because intellectual law protects designs, inventions, creations, and other artistic work, it’s important to work with a lawyer that fully understands copyright, trademark, patents, and more.

If you’re worried about whether or not you need a Raleigh copyright lawyer, consider scheduling a consultation at our law office. The attorneys at Klish and Eldreth will be more than happy to sit down with you to answer any questions you may have about certain legal issues or overall copyrighting information.

Sometimes, a situation might require immediate action. In this case, you should consider having a lawyer on retainer. For those times, having a current relationship with an attorney is key. Call now to learn more about how we can help you with this, as well.

Also, remember that our law office offers various other types of legal services for you as well. Whether it’s entertainment law, small business law or others, we are available to help you through your legal situation.

Klish and Eldreth | Raleigh Copyright Lawyer

Hiring a Raleigh copyright lawyer is, after all, up to you. But, if you choose to talk with one of our attorneys feel free to contact us at any time. We are here to help you. Call now to learn more.

As always, please contact us with any questions or concerns you may have concerning legal issues. Also, contact our attorney to schedule a consultation if you have yet to start estate planning. 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 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.